Risk Strategies On WBZ Radio. Tune In!
“What's @ Risk” airs every Saturday night from 11pm to midnight on WBZ and WBZ.com. The show revolves around commentary, discussions and interviews along with topical sound bites, comedy, and great music.
Hosted by Mike Christian, CEO of Risk Strategies Company (RSC) there is often an aspect of risk incorporated into most discussions. RSC is an insurance and risk management organization. The overriding theme of the show educates listeners and finds the opportunity in risk.
Individuals and businesses are facing significant risk. From climate change to cyber attacks to financial crisis, there is no shortage of topics. The show is a forum for individuals, local businesses, authors, and experts in various fields to talk about their perspectives, ideas, and solutions.
And it's just plain informative & fun.
A Full Scope of Analytics
In addition to our broad-based insurance experience, Risk Strategies applies an analytical focus to both private and public companies. As reporting to shareholders and external agencies falls under greater scrutiny, including casualty claims loss reserves, the accounting recognition is often misunderstood. Imprecise reserving can impact earnings and produce inconsistent financial results. Risk Strategies helps clients manage the reporting of loss reserves and assists in developing and applying consistent methodologies. We do it through tight control of the analytics, the claim audit process, construction of insurer indemnity agreements and continued involvement with the client and their external auditor.
Loss Forecasting
The financial analysis of claims; it's a Risk Strategies specialty. Since much of this work revolves around the structuring and placement of alternative risk financing plans, we have developed a breadth and depth of resources to provide a robust focus on loss forecasting and analysis. It's a specialty that supports all facets of our casualty practice including: on-going claim portfolio management, balance sheet accruals, cost allocations, buyer/seller arbitration, external audit, insurer market negotiations, loss portfolio transfers, and due diligence activities.
Analysis
- Quantitative Analysis
- Analytical services
- Loss projections
- Reserve analysis
- Loss forecasts
- Loss development triangles
- Retention analysis
- Risk bearing capacity studies
- Accrual analysis
- Frequency/severity trends
- Cost allocations
- Cash flow comparisons
- Plan Design & Cash Flow Comparisons
- Guaranteed cost
- Retrospective rating plan
- Captive/rent-a-captive
- Qualified self insurance
- High deductible
- Self insured retention
- Finite risk
- OCIP
- Loss portfolio transfer
- Risk purchasing groups
Plan Evaluation
- Alternative Plan Evaluation
- Cash flow
- Net cost
- Funding
- Claim pay-out patterns
- Net present value
- Collateral requirement(LOC, cash)
Negotiation
Negotiate Financial Aspects of Program Design with Carriers, Reinsurers, Banks, and other Service Providers