Risk Management Services

For organizations whose risk profile has outgrown transactional insurance buying, Cory Washington & Co. LLC operates a dedicated risk management practice. Where our brokerage work places and negotiates coverage, our risk management work operates upstream and downstream of the policy — identifying exposures before they become losses, engineering them out of your operations, moving them onto the right balance sheet through your contracts, quantifying them with data, and advocating for you when a claim occurs.

These services are delivered under a separate written risk management agreement and billed as a management or consulting fee, distinct from commission-based brokerage compensation. That structure aligns our incentives with a single objective: lowering your total cost of risk — the true economics of premium, retained losses, and administrative cost — rather than simply the figure on your renewal invoice.

Engagements are scoped to your size, industry, and complexity. Our risk management clients are typically middle-market and larger organizations with multi-state operations, significant payrolls or fleets, heavy contractual obligations, or self-insured and high-deductible programs — the accounts where a few points of experience modification, a single misallocated indemnity clause, or one mishandled claim move real money.

It Starts With a Full Exposure Assessment

Every engagement begins with a rigorous assessment of where risk actually lives in your organization. We review your operations, locations, and workflows; examine the liability language buried in your leases, vendor agreements, and customer contracts; map the supply-chain and business-interruption dependencies a standard insurance application never surfaces; and analyze your historical loss data for the drivers behind your cost of risk.

The deliverable is a prioritized exposure register — a clear inventory of your hidden and under-managed risks, each matched to the right treatment: avoid it, reduce it, transfer it, or knowingly retain it. That register is the spine of everything that follows. The four practices below are not a menu of products; they are the disciplined, ongoing work of acting on what the assessment finds.

Four Practices, One Objective

Four practices, one objective — each available on its own or as an integrated program.

Structuring an Engagement

Risk management services are provided under a separate written agreement and management fee, scoped to the size and complexity of your organization. Some clients engage the full practice as an outsourced risk-management function; others retain us for a single discipline — a contract-review program, a loss-control turnaround, claims advocacy on a difficult file, or an analytics and benchmarking study ahead of a hard renewal.

We do not quote these engagements from a rate card, and we do not take them on where a straightforward brokerage relationship would serve you better and cost you less. To discuss whether a fee-based risk management engagement fits your business, contact our team for a confidential consultation.

All insurance descriptions on this website are provided by Cory Washington & Co. LLC strictly for general informational purposes. They are not intended to be, and should not be relied upon as, legal, financial, or insurance advice. The information presented is general in nature and does not guarantee the availability, terms, conditions, or scope of any insurance coverage. Actual coverage is determined solely by the specific policy language issued by the insurer and remains subject to underwriting approval. Nothing on this website creates or implies an agent-client relationship, binds coverage, or alters any existing policy. Cory Washington & Co. LLC expressly disclaims any liability for actions taken, or not taken, based on the content provided here. For advice regarding your particular situation, please consult directly with a licensed insurance professional at Cory Washington & Co. LLC or another qualified insurance professional, and always review your policy documents in full.