Risk Management and Insurance Consulting Services
Vision
Taking the mystery and perplexity out of effectively managing individual and organizational risk
Mission
The RITE Group was created to educate and facilitate individual and organizational understanding of the importance of risk management in our everyday lives and business practices in relatable terms, while cost effectively protecting personal and organizational assets and ensuring operational continuity.
Career Highlights
Risk Management Consulting
- Managed insurance process for over 30 acquisitions and divestitures valued in excess of $2 Billion
- Established and managed Captive Insurance Companies with liabilities in excess of $100 Million
- Developed computer-based applications and processes to manage underwriting submissions, policy analysis and management reporting
Property and Casualty Insurance
- Reduced annual insurance program costs by $4 million over a five-year period
- Reduced costs while enhancing coverage and increasing insurance limits by $2 Billion
- Asserted, adjusted, and negotiated claim settlements in excess of $1 Billion
Business Continuity Planning and Management
- Established and refined programs for Fortune 100 Companies
- Conducted program reviews to ensure regulatory and statutory compliance
- Managed client programs following such notable events as Covid-19, SARS, Y2K, September 11 th , Northeast Blackout of 2003, NYC Steam Pipe Explosion and Hurricane Sandy
Insurance Training and Education
- Successfully developed and instituted a Contract Management Review Policy in response to $20 million in assumed contractual risk losses
- Coordinated national legal strategy and formulated coverage positions for complex asbestos litigation
- Conducted seminars and workshops on risk identification, policy analysis, capital forecasts and allocation methodologies