INSURANCE BROKERAGE is only one solution to the management of risk and it is called RISK TRANSFER. Other strategies exist however, that also affect the monetary and human costs of accidents, injuries and illnesses on the job. These include:
RISK ASSUMPTION (Self Insurance)
RISK DEDUCTION (protective garments, safety screens on machinery, sprinklers, etc.)
RISK PREVENTION (Safety programs, fault tree analysis, employee selection techniques, etc.)
The personnel at ALL RISK MANAGEMENT have studied these techniques with the originators of this science and have practiced it with small and large organizations. It should be an integral part of any insurance program.