1. Non-Insurance transfer of exposures should be pursued wherever possible and enhanced where they already exist. Some of these types of transfers are as follows:
   
   
   1. Purchase and Sale Agreement.
      
   2. Lease Agreements.
      
   3. Finance Agreements
      
   4. Contractor and Sub-Contractor Agreements.
      
   5. Purchase Order Agreements.
      
   6. Personnel Employment Agreements.
      
   
   The changing of a few words in certain types of agreements can significantly modify an exposure and assist in having an insurer wrap around the more definitive exposures and be more comfortable that they will not be dragged in as often or as severely and perhaps, they may have been in the past.
   
   
2. Increase loss prevention awareness amongst all areas of operation and target those specific areas of frequency with the most effort. This plan should be documented and communicated effectively, with the accountability clearly defined.
   
   
3. Loss Control – Once an incident has happened, a written Loss Control procedure should be in place, communicated to appropriate operational personnel, measured, monitored and accountability should be on a direct line basis.
   
   
4. Disaster Recovery Plans should be instituted if they have not been and reviewed if they are already in existence. When possible, a “test run is to be performed”.
   
   
5. When budgeting costs, seek areas where the potential increases in insurance can be passed on, or identified as a specific surcharge, if possible.
   
   
6. Identification of those operations, which may cause disproportionate abnormal increases in insurance costings. These operations can be reviewed with respects to their profitability in light of such increases, if they cannot be passed on.
   
   
7. Effective Risk Due Diligence should not be overlooked when considering expanding into new business opportunities, whether it be an acquisition or a start up of a new service or operation. All must be scrutinized for risk and associated costs to utilize the most effective transfer.
   

UIC can assist in any or all of the above as desired. Your communication with your UIC associate is critical in achieving the strategic goals set forth in your Risk Management Program. We will use our resources to give you that competitive edge and desired bottom line results.