Public Entity Risk Managment
Consulting in all levels of public entity risk management, from the fundamental operational risk management process of identifying and mitigating exposures to loss, to enterprise and strategic risk management recognizing opportunities and becoming an integral part of helping leadership meet its goals and objectives.
Recognizing the unique aspect of public entity risk managment where the political climate may require taking on risk that many organizations would avoid or transfer. Exposures such as law enforcement liability, fire and rescue services, school system errors and omissions and a myriad of other exposures unique to public entities can cause serious concerns and sleepless nights.
Public Risk Management Solutions, LLC offers expertise in the following areas:
- Reviewing and evaluating current risk management program and policies and making recommendations for improvement of efficiencies.
- Developing, writing and evaluating responses for Requests for Proposal for claims TPA, broker services, actuarial services, Risk Management Information Systems, insurance placement and risk management consulting. Drafting of service agreements with successful vendors to ensure they will provide the expected services.
- claims management (all lines). claim audits including quality of investigations, evaluating reserve adequacy on individual claims and globally. Determining if your claims administrator is giving you value for your dollars. Recommending efficiencies in process and cash flow.
- managed care, Loss prevention and control, return to work programs, and all other aspects of operational risk managment.
Services are also available for entites interested in transitioning to enterprise and strategic risk managment. As public entities become more aware of the financial requirements of Sarbannes - Oxley and Dodd - Frank and their impact to the private sector, it is only a matter of time before ratings agencies will require public entitities to comply with some portions of those requirements.
- Former President of Risk & Insurance Management Society (RIMS) 2010
- Former President RIMS Potomac Chapter 2008 & 2009
- Former President Maryland Chapter of Public Risk Managment Society (PRIMA)
- Member by legislative appointment to the Maryland Legislature's Workers Compensation Oversight Committee - 2011 -12