Loss control

At PA&T, we approach our client relationships with the idea that insurance is one of a series of steps that an organization can take to its overall risk of loss. That is, insurance is not and should not be considered the first, or only option for businesses. This is a practice known as Risk Management. Within sound Risk Management doctrine are non-insurance practices known as “Loss Control.”

Loss Control can take many forms, but boiled down to its essence, it is a systematic series of methods that an organization can take to reduce its exposure to risk. It may take the form of employee safety training, examining a manufacturing process to make certain that appropriate safeties are in place on machinery, discussion of materials used, examination of electrical systems to make certain that circuits are balanced and not overloaded. Very simply, it is collectively an extensive, almost infinite methodology to prevent employee injuries, driving accidents, fires, etc.

PA&T can work with your organization to help you identify aspects of your operations that would benefit from Loss Control services and then build a Loss Control program around your needs. Speak with your PA&T professional today about establishing a formal Loss Control program.