'Managed risk' can reduce liability exposure

No less than once a year risk managers ought to consult with a knowledgeable loss control professional who has the depth of experience and understanding to evaluate the full range of the company's exposure to liability claims. Historically, loss control assessments from commercial insurance providers have tended to focus on a particular line of coverage, in most cases workers compensation. While such an approach provides some benefit to the policyholder, it is increasingly clear that today's rapidly changing liability environment presents a potentially greater exposure to loss.