Risk Services

The mere purchase of insurance products falls short of eliminating the vast range of business risk. On its surface, most all employers would agree. However, in practice, insurance agencies all too often limit their value to their customers to the issuance of policies. Bull Valley Associates takes responsibility for extending its services to include myriad risk-based advantages uncommon in the insurance marketplace. This is the foundation for our motto: Take control of your risk. Run with the Bull.

Enterprise Risk

Enterprise risk management (ERM) involves the methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a framework for comprehensive risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress. By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners/investors, employees, customers, regulators, and other business partners (like insurance companies). Our years of experience in this field will assist your organization with starting, improving or supplementing an ERM process.

Safety

Safety is the state of being "safe" from a undesirable event or exposure. It can include protection of people or assets. Rigid, traditional risk reduction processes and procedures are not always the ideal method of achieving your safety goals. Selecting which methods will be the most effective and whether they must be customized to your specific needs always benefits from the influence of professionals. Bull Valley Associates can refine your company's plans to fit your unique circumstances, culture, physical characteristics and budget. Our decades of experience in setting up and monitoring scalable safety programs will add strength to your efforts and results that hit the bottom line.

Claims Management

While we will depend upon experienced claims handling of trusted insurers and third party administrators, Bull Valley Associates will oversee their activities and assist in areas where our firsthand knowledge of your business interests can be helpful. For some claims where litigation is involved, expert litigators or witnesses can play a crucial role in securing optimal outcomes. Additionally, certain types of businesses have unique loss characteristics where ‘common’ mitigation efforts have limited effect. Bull Valley Associates can tailor the management of individual claims using its years of experience in risk management and claims management environments. To supplement our internal resources, we provide access to professionals revered as best in their field to maximize the potential for favorable results.

Contract Review

The complexities associated with executing business agreements can easily slow commerce between companies and organizations. In some cases, contracts get a once over or the process of contract review is overlooked altogether. This often leads to unwarranted increases in risk in a worst case scenario to uninsured losses. Bull Valley Associates is experienced in examining the elements of contracts that relate to insurance and warranty matters and will coordinate with and support your counsel in protecting your company's assets.

TAME Process

Aligning business advice from attorneys, accountants, insurance agents and consultants can be a lot like herding cats. Most all business owners will from time-to-time hear contradictions advisor to advisor. To offset the confusion that can result, we encourage the use of periodic meetings organized specifically to get everyone on the same page. We call this process the Trusted Advisor Meeting Experience (TAME). TAME is used to allow clients common to each advisor to discuss current and future business activities whereby all of the advisors can listen and understand the perspective of the other. The outcome is precise advice on specific issues that have taken all business risk aspects into consideration. This efficiency allows for swifter decision-making within your organization. TAME participants are not allowed to charge the client, and must host the meeting through a rotation process.

Industry Roundtables

Finding solutions to the risk-based challenges businesses face today can be difficult. Sometimes the best ideas can come from your peer employers. However, overcoming the natural tendency of firms and management to keep business methods confidential can be a challenge in itself. Bull Valley Associates recognizes this fact and conducts industry-specific roundtable venues for companies open to the concept of sharing and collecting of valuable processes and views. Expert guest speakers are typically present at each meeting, and subjects discussed are unlimited.

Seminars - Bull Valley University

Technology and the ever-changing business environment places demands on management to stay at the forefront of new methods and processes. The risk environment is no different. Employers who see the advantage in having an edge in business efficiencies have an additional tool to stay current; Bull Valley University. Our topical seminars feature industry-leading speakers to help business leaders and their management teams minimize their risk and associated costs by staying current and aware of regulatory changes and new resources available.