Understanding that the cost of insurance is not the Total Cost of Risk (TCOR) incurred is critical for businesses. When you know your TCOR, you can invest your risk management efforts more effectively. We break down your total exposure by examining risk transference (insurance), risk retention, risk avoidance strategy and more to give you a 360° view of needed coverage and risk cost drivers.
We start the TCOR analysis process with a Park and Company Insurance Agent getting to know the operations of a business in detail. There may be risk drivers that require more or less attention that we can help you identify. We’ll empower you to control risk associated costs separate from your insurance premium. Our TCOR Analysis goes beyond price shopping to give you best in class service and expert insurance advice.