|York International’s RADAR (Risk Assessment and Data Analysis Review) process utilizes four-steps to identify, understand, implement and monitor the risk management strategies for you and your business.|
|Step 1 – Identify Exposures
During this crucial initial phase, we will invest the time to understand every facet of your business in order to help you and your team identify the risks which face your business. By evaluating the effectiveness of risk management programs, practices and resources under “real world” conditions, we assure that your assets receive precisely the right type of protection.
|Step 2 – Define Strategies to Handle Risk
Once we have developed a thorough understanding of your business, including your industry, corporate culture and operating procedures, we are ready to explore a spectrum of proven alternative strategies to minimize risk and reduce insurance costs. Our comprehensive understanding of your business (see Step 1) will pay huge dividends by enabling us to precisely tailor your strategies to fit the unique needs of your business.
|Step 3 – Implementation of Programs
During the implementation process we put in place specially tailored programs and strategies designed to protect your assets while reducing insurance costs. A strong belief in our process motivates underwriters to offer much lower insurance costs on your behalf.
|Step 4 – Ongoing Monitoring & Adjustment
You and your business are dynamic – what works for you today might not work as well tomorrow. For this reason, we will continue to monitor and adjust your risk management programs to ensure a perfect fit as your business evolves and changes. This is where our comprehensive understanding of your business (see Step 1) can pay huge dividends, by enabling us to precisely tailor your protection to fit the unique needs of your business.
|We apply this process in all Commercial Insurance coverages including Property and Casualty Insurance, Co Op Insurance, Condo Insurance, Real Estate Insurance, Executive Liability and Captive Insurance.|