Strategy
Create a Risk Strategy with a Long-Term Focus
Strategy focuses on the long-term vision of your company and how you start building a foundation today for what you want to be in five, 10 or 20 years.
Is your growth capped in your current model? Are there inefficiencies present or developing in your business model? Where are you investing your profits and are they aligned with your long-term goals?
As a business owner, you might think your risk strategy is solid. After all, you’ve been doing this for 20 years with no problems. But as technologies develop and consumers change – so too must your business. Your overall risk management plan is how you account for every risk you face.
Why Develop a Holistic Risk Strategy?
The Insurance Dilemma
Insurance is just one part of your risk management plan, but most insurance companies want you to think it’s the only way to manage risk. A holistic plan takes every impact area into account.
Measurable Impact
Measurable Impact: Need a measurable way to account for company safety? ROI tied to your group benefits plan? Detailed assessment behind a specific risk area facing your business? Our proprietary technology measures every impact area of risk for your business – whether we act as your advisor in that impact area or not.
Long-Term ROI
We aren’t here to put on a bandage. Your risk management plan is built for the long-term, with your growth and business goals at the forefront. We start at the end goal and work backwards, while addressing your most pressing needs first.
Risk Management Scenario
You own a carpet installation business and employ 12 full-time employees, plus you have a distributor and a couple subcontractors you work with regularly. With retirement on the horizon, you’ve had a couple projects go south with your subcontractors and your distributor is raising prices, putting your retirement plan on hold.
Your risk advisor brings together a team of experts to help you deploy a business perpetuation plan, shore up your contracts to shift accountability and negotiate better pricing, and puts a holistic risk management plan in place going forward to help you protect your purpose – your business, your life and your future.
Protect Your Purpose
Guidebook
See if Ellerbrock-Norris is a fit for your business with our 60-plus page guidebook on how we help you Protect Your Purpose.
Risk Management Scenario
You own a carpet installation business and employ 12 full-time employees, plus you have a distributor and a couple subcontractors you work with regularly. With retirement on the horizon, you’ve had a couple projects go south with your subcontractors and your distributor is raising prices, putting your retirement plan on hold.
Your risk advisor brings together a team of experts to help you deploy a business perpetuation plan, shore up your contracts to shift accountability and negotiate better pricing, and puts a holistic risk management plan in place going forward to help you protect your purpose – your business, your life and your future.
Get Started Today
Whether you're looking for business insurance, group benefits or business exit planning, we're here to help. Simply fill out the form below and we'll reach out to get process started.