Our commitment to providing the best products and services available is characterized by a comprehensive, client-focused approach that is fully integrated into our business.
The unique research and testing capabilities of The Titanium Risk Group ensure consistent and up-to-date loss prevention engineering standards. Regular on-site assessments, combined with our risk analysis expertise, provide an accurate assessment of potential loss and its impact.
Our loss prevention and control expertise provides dependable, scientifically based solutions that go beyond insurance to impact the cost of risk equation. We help clients select the best options, execute them, and manage change.
A clear assessment of underlying risk will help determine whether to accept or transfer risk. When transferring risk, The Titanium Risk Group is the ideal carrier because of its financial strength, willingness to pay claims, and ability to provide a capacity commitment with proven reliability.
The key to business continuity is visiting each major facility we insure to give clients a clear, consistent view of the hazards they face. This allows The Titanium Risk group to offer customized, practical and scientifically proven solutions; identify risk-improvement priorities and help manage change; and provide the foundation for good loss control decisions.
The clear view of risk afforded by The Titanium Risk Group engineering allows our underwriters to select risk and responsibly expose more capital. The reduced losses that result from our clients' loss-prevention efforts generate a performance differential we share with our client-owners in the form of more capacity, broader coverage, competitive terms and conditions, and periodic membership credits in the form of substantial premium discounts for our clients.
The Titanium Risk Group proactively works with clients to ensure a common understanding of coverage, terms, and conditions that result in less downtime, faster claims settlements, and fewer surprises. Our claims people prepare our clients for the unexpected, and work to mitigate loss and restore business operations quickly if a loss event occurs.
In addition to facilitating the necessary legal, accounting, licensing and support functions, The Titanium Risk Group is available to assist our clients in performing:
When a single interruption can have rippling effects throughout the organization, it can also wash away customer satisfaction, damage a company’s reputation and drive down its profitability. The Titanium Risk Group’s business risk consultants help our clients tackle these issues. Business risk consultants work with clients to develop a deeper understanding of their business vulnerabilities and exposures so they can protect key revenue streams, minimize business interruption and preserve reputation.
The cornerstone business risk consulting service is the business impact analysis (BIA), a study that helps our clients understand and assess processes that drive their business and require careful management. A BIA also typically assesses critical suppliers and the exposure they represent.
In addition, the team offers consultation ranging from values analysis, which helps to improve the consistency and accuracy of business income values collection, to specific exposure analysis and business continuity management support.
Supply chain risk is recognized in today’s economy as a major threat to business continuity. A break in the supply chain can reduce a company’s revenue, decrease its market share, inflate costs, or threaten production and distribution.
As our clients' businesses change, so do their risk transfer needs. As companies outsource supply globally, revenue generation is increasingly tied to the external portion of the supply chain. This has increased client vulnerability to disruptions involving key suppliers, contract manufacturers, service providers and, ultimately, customers.
The Titanium Risk Group Solution combines market-leading coverage through our Advantage policy with awareness, assessment and risk mitigation resources designed to assist clients in better understanding how to identify and mitigate their own risk.
In order to provide increased capacity for supply chain exposures, we partner with our clients by providing them with expert engineering advice at their suppliers’ locations. As we do with our client locations, The Titanium Risk Group has the ability to assess the supplier’s risk and recommend mitigation solutions. This improved understanding of supply chain exposures allows us to provide additional coverage.
