Babcock Insurance
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Risk Management Approach


 

If risk is uncertainty, management is planning, organizing, implementing, and controlling.

 
 

Contractors should consider specific operations, financial position, business plan and direction, and appetite for risk.


 
 

Step one:

Identify and analyze exposures with consideration to property, liability, personnel, and net income.  

step two:

Integrate safety into well-organized, planned, and efficiently executed work using extensive knowledge of construction regulation compliance.

step three:

  A detailed risk profile is created for presentation to insurance companies, resulting in secured policies.

step four:

Continual evaluation of changing legal conditions and assistance in the implementation of improved work zone safety measures.