SERVICES

 Argentum's model for administering a client's self-insured / large deductible program encapsulates all necessary components including prevention, retention, and transfer.  In addition to providing and helping execute strategic risk management concepts, we also prepare all reports required by governing entities, lenders, auditors, and internal financial management.  We are engaged in program administration year round to easily identify positive and negative trends and we are sure to keep management abreast of program performance through customized reporting. 

 An insurance program can serve as a significant cost center for any company and the methodology used by this cost center should be challenged regularly. When considering market conditions, capacity availability, carrier capital positions, broker competition, etc., if one year mirrors the next, opportunity to save was lost. Argentum's approach to consultation includes not only a look at retention levels, policy purchase, and potential gaps in the risk profile. We consider how and why things are done and if they could be done better. Were the right questions asked? Was the right information shared? Did they buyer control the process? If not, that is what we aim for - to give you control. 

 Your risk profile is constantly evolving. What you needed yesterday may no longer suit your needs today. That being the case, making a significant change to your risk transfer strategy should not be taken lightly. Argentum specializes in helping you identify the point in time when you as a buyer are ready to graduate to a model that is as much as risk retention as it is risk transfer. We make our recommendations on topics such as self-insurance, captives, and risk retention groups based on data analysis, not benchmarks such as headcount or premium. 

 Buying or merging with a company can present unique challenges when dealing with the risk management program of each entity.  There are decisions to make going forward just as there are decisions to make based on the past.  An acquired balance sheet can carry a significant liability accrual for loss reserves or a pending payment for a filed claim could greatly impact the cash position.  Economies of scales may be present if consolidated going forward or may present challenges and best be left unbundled.  These should all be addressed during the due diligence process and should be cleanly executed following the execution of the agreement.  Argentum specializes in reviewing both programs and identifying the positives and negatives each include and helps identify the most efficient and economical go-forward strategy.