Total Cost of Risk (TCOR) Analysis: See the Full Picture
A Scientific Approach to Risk Management for Greater Toledo businesses.
At Park Insurance, we view risk not as a guessing game, but as a discipline—one grounded in clarity, data, and strategic foresight. Our Total Cost of Risk (TCOR) Analysis applies the rigor of risk management science to reveal the complete financial impact of uncertainty on your operation. This isn’t just about insurance. It’s about understanding every factor that influences your resilience, profitability, and long-term success.
Think of your business as a complex system. Premiums are only one variable. Beneath the surface lie retained exposures, preventable losses, operational vulnerabilities, and untapped opportunities for control. Our TCOR framework examines them all with methodical precision—blending qualitative insight with structured analysis to deliver a panoramic view of your risk profile.
The process begins where true understanding always does: with your story. A Park Insurance advisor invests time on-site—walking your facility in Maumee, reviewing contracts in a Perrysburg office, or studying workflows in a downtown Toledo retail space. We don’t assume. We observe. We ask. We listen. From there, we construct a detailed model that includes:
- Risk Transfer – Insurance placed with carriers aligned to your specific industry exposures
- Risk Retention – Deductibles and reserves calibrated to your financial strategy
- Risk Avoidance – Contract language, policies, and procedures that close gaps before they form
- Risk Reduction – Safety programs, training, and technology that lower both frequency and severity
This scientific approach transforms abstract concerns into actionable intelligence. You’ll see—not just be told—where dollars are well spent, where efficiencies can be gained, and where overprotection quietly erodes margins.
For over seven decades, Greater Toledo’s most thoughtful leaders have partnered with Park Insurance because of our ability to apply focused expertise to risk management problems. Our TCOR Analysis reflects that legacy: a disciplined, consultative process that turns complexity into clarity.
Because in risk management, seeing the full picture isn’t a luxury. It’s the foundation of sound decision-making.
