Risk Solutions

Optimize the way you identify, quantify, mitigate and finance risk

Overview

Delivering integrated insurance and risk management solutions to some of the largest and most respected companies in the world, Brown & Brown’s Risk Solutions team aims to create value beyond placing your insurance. Your service team will be comprised of engaged professionals who will work to understand your values, goals and objectives. Using evidence-based insights, our team will help you better understand how different risk management decisions could impact your business.

How We Can Help

Brown & Brown’s Risk Solutions team challenges the status quo with our proprietary methodologies and tools to help optimize the way you identify, quantify, mitigate and finance risk. A thorough analysis of your overall insurance program will be done to confirm that your insurance program meets your organization’s total risk appetite and aligns with your strategic business goals. Once your risk portfolio has been quantified and the risk appetite defined, we help you design an optimized risk financing strategy with the goal of minimizing the total expected cost of risk.

Strategies to consider include:

  • Stochastically modeling hazard risk portfolio to help to determine if current insurance structure aligns with hazard risk appetite
  • Stress testing various program structures to determine impact on hazard risk appetite
  • Utilizing captive to reduce premium and various frictional costs
  • Re-directing premium dollars from more predictable risks to more volatile risks
  • Re-designing pre-loss and post-loss activities to drive down retained loss costs
  • Optimizing global program to reduce costs while ensuring local compliance