Risk Management

Protecting and preserving the assets and earning ability of our clients’ business often requires special risk management techniques.  The mere act of selecting a risk financing option to protect against loss is only the first step in this important process.

Parker, Smith & Feek believes in the traditional definition of Risk Control (or “Loss Control”) as a collection of methods used to identify and correct the fundamental and underlying causes of loss.  Our practical experience has shown that successful risk control measures may be as simple as providing safety goggles to a machine operator or as complex as designing a complete risk management program for a multi-state company.

Our specialists in environmental, property, and healthcare liability work with clients to tailor responsible and efficient risk management programs.

Parker, Smith & Feek also offers a web-based package of services and software applications to effectively and proactively help our clients develop and manage safety and risk mitigation programs. The Risk Management Center is provided to our clients free of charge and is accessed through our corporate web site. For more information about the Parker, Smith & Feek Risk Management Center – Click here

Risk management service offerings include:

• Review of risk management program activities
• Coordination and review of insurance company loss control activities
• Guidelines for practical implementation of insurance company recommendations
• Development of workplace safety programs
• Development of fleet safety and driver training programs
• Hazard recognition surveys
• Risk control options for environmental liability
• Basic information on crisis/disaster planning
• Consultation on installation of fire protection systems
• Identification of exposures in high risk clinical areas – OB, ED, Surgery/Anesthesia
• Analysis of clinical documentation practices