Strang & Associates

No matter what
you use:

CONSULTING SERVICES

Expert Assistance

We provide a value-added benefit to attorney's clients through assistance during trial preparation and through litigation support.

Review & Negotiate Insurance Language

We prepare appropriate insurance language in contracts regarding:

* Acquisition of new entities,

* Divestiture of existing entities,

* New clients for existing product lines,

* Services supplied,

* Leases of real property or equipment.

Our services include negotiations with vendors or legal representatives.

Self-Insurance Plans and Captives

We review self-insurance plans or captive insurance companies to determine if they still benefit the corporation and will perform self-insurance and captive feasibility studies.

Professional Services Corporations

We act as advisors to CPA firms, law firms, merchant and investment bankers on business insurance and risk management issues. We focus on the due diligence process for mergers and acquisitions and our involvement results in value-added benefits. The professional's clients receive the benefit of in-depth, hands-on insurance expertise. The professional and his/her firm benefits from a potential reduction in professional liability (E&O) claims involvement.

Ongoing Services

We provide complete ongoing risk management services, which include renewals, review of all policies, negotiations with brokers and insurance markets, review or preparation of contractual language and status reports to management.

Analytical Audits

A thorough audit of the current insurance program consists of an evaluation of risk exposures (past, present and future), and a comprehensive review of all insurance policies concentrating on adequacy of limits and coverages. We provide a detailed, written report analyzing the current program including findings and practical recommendations for improvements.

Focused Reviews

An example of this type of project is the review of workers' compensation premiums and loss experience resulting in the development of techniques to reduce both.

Broker/Market Selection

We set the competitive "stage" necessary to select prospective brokers and/or markets, assuring all parties involved that the final decision is based on the successful bidder's ability to produce the best results.

Short-Term Services

We provide risk management services on a short-term basis filling in for individuals as needed, or when hiring a risk manager, we develop the unique qualifications necessary for candidates to possess based on the specific company's insurance administration needs.

Support Risk Management Staff

We provide support to understaffed risk management departments by performing projects that cannot be completed within the established timeline, or that require a different type of expertise, thereby complementing the current staff's experience.