Insurance & Risk Consulting, Risk Financing, Captive Insurance

Risk Management Outsourcing plan

Somerset assists client organizations that require an outside source for expertise on an "as and when needed" basis in the following areas. In addition, Somerset provides support for businesses with Risk Management departments that require special projects to be completed


  • Insurance coverage review and analysis for lending institutions and businesses
  • Risk identification and analysis - including insurable and non-insurable exposures and entrepreneurial exposures
  • Insurance policy coverage review to assess breadth of cover against needs and exposures
  • Cost review and benefit analyses
  • Alternate option creation
  • Broker Services review
  • Recommendations for change and strategy for implementation
  • Strategy for cost reduction
  • Crisis Management planning
  • Insurance Tendering management
  • Alternate Risk Financing plans
  • Claims Management