Risk Management Services

 

Our risk management and human capital services are provided by a cadre partnership of specialized partner firms that offer a full complement wide array of services products and expertise capabilities that produce best-in-class, cost-effective and measurable results.

 

Click the categories below to review core services:

 
Alternative Risk Finance

HSP and our partners provide the full spectrum of alternative risk services.  We work with leading members of the Fortune 1000, including global organizations with complex risk and insurance programs covering exposures in dozens of countries worldwide.  HSP brings premier resources to clients ranging from those entering the feasibility stage to organizations seeking an independent advisor to evaluate or expand an existing captive.  Our comprehensive service offering includes:

  • Actuarial Services

  • Annual Financial Statements

  • Captive Balance Sheet Enhancement

  • Captive Expansion (i.e. Employee Benefits)

  • Captive Investment Advisory

  • Captive Reinsurance Consulting

  • Captive Strategy & Feasibility

  • Captive Turnaround & Runoff

  • Domicile Selection

  • Global Captive Management

  • Loss Portfolio Transfers

  • Regulatory & Tax Compliance

  • Reputation Risk Analytics & Reinsurance

  • RRGs, Group Captives & Self-Insured Pools

 
Claims Management

HSP brings together recognized and accomplished claims management advisors and specialized independent service firms to deliver a wide array of objective, independent advice and claim services. Our claim management services span all types of loss including workers’ compensation, liability, property, directors & officers, environmental, cyber breaches, reputational risk and provide value to companies of all sizes, from the very large, global organizations to small & mid-size firms. Our comprehensive service offering includes:

  • Accelerated Claim Closure Solutions

  • Actuarial Consulting

  • Case Management & Life Care Planning

  • Casualty Claim Cost Containment & Mitigation

  • Catastrophe Modeling

  • Complex Claim Resolution Including Property, Business Interruption, Mass Tort, & Financially Complex Claims

  • Forensic Accounting

  • Independent Claim Audits

  • Insurance Archaeology Services

  • Loss Portfolio Transfers & Closure of Old Loss Sensitive Plans

  • Mass Tort Claims Management & Advocacy

  • Occupational Fraud Investigation & Recovery

  • Reputational Risk Assurance & Monitoring

  • Reserve & Collateral Reductions

  • TPA & RMIS Evaluation, Design & Implementation

 
Specialty Services

Our partners are experts in their respective fields.  They offer a wide array of specialty services to global corporations, small & medium-sized businesses, non-profits and municipal entities. For organizations seeking a thorough cyber vulnerability assessment to mitigate an imminent threat; forensic accounting services after a catastrophic loss; or advice on an owner-controlled insurance program (OCIP) during a large property expansion, HSP can identify a leading partner firm to meet the client's unique needs. Our areas of expertise include:

  • Actuarial, Accounting & Audit Services

  • Construction Risk

  • Crisis Management & Disaster Recovery

  • Cyber Risk

  • Environmental

  • Executive Risk

  • Forensic Accounting

  • Health Care

  • Insurance & Reinsurance Archaeology

  • Reinsurance & Catastrophe Modeling

  • Reputation Risk Analytics

  • RMIS Evaluation, Design & Implementation

  • Supply Chain & Business Interruption

  • Trade Credit & Political Risk

 
Loss Control, Environmental, Health & Safety

HSP provides the full spectrum of loss control, health, safety & environmental services on a global basis. Our senior advisors and partner firms are industry leaders and have successfully worked with clients to develop environmental risk and occupational health programs that are best in class.  We offer property loss control services delivered by professional engineers and risk management experts with decades of experience.  Whether the client is seeking site assessment/remediation services before or after a loss; workplace safety and ergonomic evaluations to maximize employee performance; or an independent firm to assist in improving a complex environmental liability program, HSP and our partners have the proven expertise and breadth of resources to deliver optimal results.  Our comprehensive service offering includes:

  • Employee Training

  • Environmental Risk Program Design

  • Environmental Site Investigation, Assessment & Remediation

  • Ergonomics & Workplace Safety

  • Fire Protection

  • Indoor Air Quality & Mold Services​

  • Loss Control Services

  • Natural Hazard Analysis, Crisis Planning & Emergency Response

  • Occupational Health & Industrial Hygiene

  • OSHA Compliance & Regulatory Support

  • Professional Engineering

  • Sustainability​

 
Employee Benefits

HSP utilizes a network of independent employee benefits and human capital professionals that provide a variety of functional and strategic advisory services. By identifying and mitigating the most pressing human capital-related cost drivers of today our clients are able to invest in their optimal workforce of tomorrow.  Whether the client is experiencing unsustainable healthcare costs or requires a complete benefits plan compliance review, HSP can identify an expert partner that specializes in the client's unique need or functional area.  Human capital services include:

  • Change Mangement & Succession Planning

  • Corporate Social Responsibility

  • Diversity & Inclusion

  • Employee Benefits Captives

  • Employee Benefits Plan Design

  • International Benefits

  • Life & Health

  • M&A Due Diligence

  • Regulatory Compliance

  • Retirement & Pension Plans

  • Self-Insurance Feasibility & Services

  • Training & Leadership Development

  • Vendor Performance Evaluation

  • Voluntary & Personal Lines