it's not necessary to change. survival is not mandatory. - Media ...
it's not necessary to change. survival is not mandatory. - Media ...
it's not necessary to change. survival is not mandatory. - Media ...
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usiness “checkup” — continued<br />
operations that were <strong>not</strong> contemplated by your current programs.<br />
It provides you an opportunity <strong>to</strong> gauge the effectiveness of your<br />
current r<strong>is</strong>k management plans and also uncover patterns in your<br />
loss experience that suggest the need for additional r<strong>is</strong>k control<br />
• Ass<strong>is</strong>t in creating a safer, more favorable work environment <strong>to</strong><br />
attract and retain high-quality employees.<br />
Your recommended insurance carrier, Federated Insurance,<br />
provides an Annual Client Review SM and a R<strong>is</strong>k Control Review<br />
SM for each insured business each year. These reviews are<br />
part of the Company’s Major Client Service Standards.<br />
An annual review can help you determine if you are appropriately<br />
targeting resources <strong>to</strong> r<strong>is</strong>k control programs that have the greatest<br />
impact on your bot<strong>to</strong>m line.<br />
attention. Finally, an annual review can help you determine if<br />
you are appropriately targeting resources <strong>to</strong> r<strong>is</strong>k control programs<br />
that have the greatest impact on your bot<strong>to</strong>m line.<br />
An annual r<strong>is</strong>k management review may have other indirect<br />
benefits as well:<br />
• Help protect your future insurability by controlling losses and<br />
reducing claims.<br />
• Provide cost savings through reduced insurance premiums.<br />
• Trim expenses by reducing the hidden costs associated with<br />
claims—such as lost productivity, additional costs for hiring<br />
and training, and lost goodwill.<br />
You should expect your insurance agent or company <strong>to</strong> v<strong>is</strong>it<br />
with you annually for a check-up of your insurance and r<strong>is</strong>k<br />
management programs. You may find annual reviews are the<br />
best prescription for maintaining the health of your business. <br />
Th<strong>is</strong> publication <strong>is</strong> intended <strong>to</strong> provide general recommendations<br />
regarding r<strong>is</strong>k prevention. It <strong>is</strong> <strong>not</strong> intended <strong>to</strong> include all steps or<br />
processes <strong>necessary</strong> <strong>to</strong> adequately protect you, your business, or<br />
your cus<strong>to</strong>mers. You should always consult your personal at<strong>to</strong>rney and<br />
insurance adv<strong>is</strong>or for advice unique <strong>to</strong> you and your business. For more<br />
information, contact www.federatedinsurance.com.<br />
Think changing<br />
your DMS vendor<br />
<strong>is</strong> hard?<br />
Our 10-step informational guide<br />
makes switching your DMS easy<br />
V<strong>is</strong>it au<strong>to</strong>mate.com <strong>to</strong> download our FREE<br />
eBooks <strong>to</strong> help guide you through the DMS<br />
dec<strong>is</strong>ion making and data conversion process<br />
@Au<strong>to</strong>MateDMS<br />
(877) 340 – 2677<br />
A Dealership Management System<br />
Designed By Car People, For Car People<br />
20 ILLINOIS AUTOMOBILE DEALER NEWS<br />
www.illino<strong>is</strong>dealers.com
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