Bickmore Risk Services and Consulting

BRS is synonymous with comprehensive and objective risk management studies, audits, and benchmarking. Our studies provide clients the ability to anticipate emerging issues, establish angles of inquiry, and map territories for response.

Addressing both low-probability/high-consequence events as well as high-frequency/low-severity events, our definitive research engages multiple viewpoints, and analyzes components of risk in a unparalleled manner. We build on the disciplines of economics, decision sciences, finance, insurance, and marketing, providing critical information and innovative solutions to complex business challenges.

What We Do

A nexus of experience risk management consultants and researchers, BRS completes risk management studies, audits and benchmarking projects for top-level representatives in insurance, industry, academia, law, and government. Our studies, audits and benchmarking projects support good decision-making, make a significant contribution to public interest, and provide insight into the convergence of public and private sector trends.

• Cost benefit analysis of implemented risk management programs
• Cost benefit analysis of risk management programs under consideration
• Cost allocation plans designed to equitably distribute the cost of risk and provide incentive for safety
• Review of insurance programs — including deductibles/retentions, staffing, work flow, cost drivers, etc.
• Review of third party vendors — including claims administrators, outside legal counsel, brokers, etc.
• Financial reviews — analysis of actuarial reports, fund adequacy, and accounting procedures
• Benchmarking — risk data and industry trend comparisons to best practices of peer groups
• Benchmarking costs — comparisons of risk related costs over time or to peer groups
• Key benchmarking debriefs — focus on frequency, average claim size, loss rates, cost of risk

Facilitating Decisions

BRS basic and applied research studies, audits, and benchmarking programs gather and disseminate information to help solve problems and protect assets. Our focus is on increasing awareness of risk management concerns and outcomes, laying the groundwork for improved organizational performance.

Supporting Growth

BRS basic and applied research studies, audits, and benchmarking programs are geared to drive change and to share information on trends and issues to support growth, enhance business performance, and assure continuity of operations.

Contact us today to find out more.