Owning and operating a business comes with a myriad of responsibilities with many stakeholders depending on you. Whether it’s the customers you supply, the employees that you support, the community in which you serve, or your family that relies on you, you make a promise to each of them — a promise of safety, security, and longevity through the operation and growth of your business.
A single loss can put any of these promises in jeopardy. That’s why PLM puts so much emphasis on consulting with insureds and educating the industry on risk management practices. We allocate much of our resources towards risk management because we understand that the cost of a loss to your business can be significant when looking beyond just the direct costs, but also considering the indirect costs, such as downtime and your reputation.
Part of this investment in risk management involves site visits from our BDRs and Loss Control representatives to evaluate and assist our insureds in maintaining a safety focus as they operate their business. Although we cannot be onsite with our customers every day, we seek addition ways to support their risk management efforts.
One way is through PLM’s Anytime Risk Management (ARM) tool. ARM is an online loss control survey that puts you in control of the risk management review process. Through a simple link, accessible on any device, you have the power to walk your operations on your own time and see them in a new light, while receiving the same consultative and loss control expertise you expect from PLM.
Adding ARM to your risk management toolbox comes with many advantages.
Works with your schedule: ARM surveys can be completed at any time of day and on any device. Rather than coordinating schedules, you can take ARM with you as you walk your operations throughout the day.
See your operation through your carrier’s mind: Your ARM survey was created by the loss control professionals at PLM. The questions you answer are ones that your insurance carriers assess when reviewing your insurance program. Get an inside look at one of the core components of your renewal.
Get expert consultation: Your ARM survey doesn’t end after you complete your walkthrough. PLM offers the same advice and consultation on risk management for your operations as it would during an onsite survey. A PLM representative will review the completed ARM survey and follow up with an evaluation of the results with actionable recommendations.
Keep your promises: Staying vigilant in your risk management practices can help protect your business and the promises of safety and continuity you’ve made to your stakeholders. ARM gives you an additional tool to stay on top of the risks that threaten your operations.
PLM recently hosted a webinar for insureds titled “Protecting Your Business Anytime with ARM.” The webinar went through the benefits of the tool and the step-by-step process of completing an ARM survey. If you would like a link to the recording of the webinar, please send an email to info@plmins.com.
If you are interested in adding Anytime Risk Management to your risk management toolbox, please contact customer service at 800-752-1895 or custserv@plmins.com.
