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     Office: 610-253-7252     
 "WE CONTROL LOSS THROUGH LOSS CONTROL MANAGEMENT, ENGINEERING AND PROGRAM EVALUATION AUDITING" 
 

Introduction

        In today's highly competitive Global business market and after statements made by Insurer Lloyd's of London Chairman Peter Levene "e; The biggest challenge facing the insurance industry today is to underwrite for profit, and not take on any business simply to collect the premium."  Many companies have changed over the years from being insured by private insurance carriers to being self insured up to certain limits. They have done so due to market forces, their increased size, exposures and due to direct and indirect loss ratios trying to protect their bottom line profitability. Thus, they have either brought claims administration in house or use third party claims administrators. However, some of these companies failed to add one very important component to their organization, that at one time was relied on heavily by experienced field underwriters to control looses by commercial insurance carriers. The Loss Control Management and Loss Control Engineering Function. Thus, if you are a manufacturer, contractor, small or large business,  hospital, school district, municipal or government entity and want to manage and reduce insured and un-insured loss in the following lines of coverage:

   

" You must know and understand the real value of Organizational Loss Control Management, Loss Control Engineering and The Advantages of Loss Control Program Auditing"

          

        Since 1989 Global Loss Control® continues performing professional loss control management services in various industries and projects. We use progressive and innovative methodologies in the areas of compliance to standards auditing, training and program Implementation assistance for accounts we have serviced. Our long term contract, mentoring by and association with Frank E. Bird, Jr. and the former International Loss Control Institute now (DNV) provided Global Loss Control® vast knowledge and experience while performing comprehensive organizational systems Safety, Health, and Loss Control Management Auditing utilizing the International Safety Rating System (ISRS). The auditing protocols and program standards we used in various industries throughout the US/Americas and Internationally were auditing systems closely resembling the approved ANSI Z10 requirements recommended promoted by the ACGIH http://www.acgih.org/about/index.htm  

        The I S R S audit program was developed with 21 program elements assisting management and employees in formulating objectives, goals, policies, standards, procedures and practices in reducing or eliminating risk and the potential for loss, in areas such as: Leadership administration, employee/contractor hiring and placement, engineering controls, purchasing controls, disaster and emergency preparedness, maintenance, off the job safety and health, critical program evaluations, environmental controls, security control, personal protective equipment, job and task hazard analysis, job and task observation, accident/incident investigation and analysis, area and equipment detailed reviews and inspection, health, hygiene and IH Controls,  etc.

 

   

 

 

          

WHY YOUR BUSINESS MUST "CONTROL LOSS"

Losses occur because of a broad spectrum of causes and root causes. When a loss does occur; people, property, profits and the overall business or entity suffers direct and indirect loss, causing a domino effect of poor efficiency, quality, reliability, unplanned costs and problems with morale, leaving fertile ground for future incidents and accidents. We assist business and organizations with the reduction of losses and the potential for loss so they reach and exceed their objectives/goals in running the business more consistently, efficiently and effectively,  With each loss an organization or business must increase sales or revenue and increase costs to make up for the loss and set up in-house SHE controls to reduce loss so they do not severely impact planned profit margins. In product research and development, manufacturing, construction projects, most project margins are tight. Thus, each accidental loss regarding people, property, equipment, materials, product. environment and customer or regulatory compliance issues, impacts the company or project bottom line profitability expectation.      

It's time for your Organization or Company Management and Employees to decide how to capitalize on the experience, knowledge of Global Loss Control® in assisting in identifying risks, controlling losses, reducing the potential for loss and adding value and profitability to your business. Like anything in business and life, knowledge, experience and results count and this is especially true in the complex field of Loss Control and performance measurement of program implementation. We have the professional loss control management tools necessary to control the variety of predictive loss scenarios and accidental losses that most companies encounter in business everyday.

" Each and every loss a business sustains decreases profitability, its profit margins, and can have a finical impact on insurance premiums. The various Loss Control Services and Audit Systems we offer are in areas that can assist your business or organization in reducing loss, maintaining or exceeding compliance and can decrease your (EMR) Experience Modification Rate." Let us take a look at how the (EMR) can impact your insurance premium.

 

Rectangular Callout: EMR If your Workers' Comp. annual premium is $500,000 And your EMR is 1.00 - premium will = $500,000 If your EMR is 1.50 - premium will = $750,000 If your EMR is .75 - premium is $375,000 Thus, the difference from an EMR of 1.5 to .75 is a savings of = $375,000 on insurance premium   Insurance Underwriters will look at 3 years of Frequency and Severity of claims to calculate your company Experience Modification Rate or (EMR)    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The following slide depicts the impact accidental losses have on a business and the amount of sales required to cover the losses.

                                                                      HOW LOSS AFFECTS PROFITABILITY

"In times of keen competition and low profit margins, Loss Control Management may contribute to profit more than your best salesman"

Frank E. Bird, Jr.

 "Loss Control Leadership"

 

 "LOSS CONTROL MANAGEMENT EQUATES TO SOUND BUSINESS INVESTMENT"

A GENERATED LOSS OF

$100

Text Box: p R O F I T   M R G N

 $200

 

$400

$600

$800

$1000

1%

$10,000

$20,000

$40,000

$60,000

$80,000

$100,000

2%

$5,000

$10,000

$20,000

$30,000

$40,000

$50,000

3%

$3,333

$6,667

$13,333

$20,000

$26,667

$33,333

4%

$2,500

$5,000

$10,000

$15,000

$20,000

$25,000

5%

$2,000

$4,000

$8,000

$12,000

$16,000

$20,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Text Box: S    R A   E L   Q E   I  S   R       E       D

 

                         

 EXAMPLE :  A company with a profit margin of 5%, would require $20,000 of additional sales or revenue to recover a $1000 dollar loss.

 

                                                              

 A company or entity has direct and indirect losses. Some of those losses are insured however, most losses are not insured.

Thus, losses have a direct impact on planned bottom line profitability.

 

 

GLOBAL LOSS CONTROL

PROJECT SAFETY AND LOSS CONTROL MANAGEMENT OVERSIGHT

MARITIME, ENVIRONMENTAL AND CONSTRUCTION PROJECTS WE HAVE ASSISTED  

 

               

   PERFORMING PROJECT LOSS CONTROL AND SAFETY MANAGEMENT OVERSIGHT

 Above photos are of heavy equipment and marine salvage of 50' X 295' sunken-barge, crude spill and product recovery                      

      

 international airport expansion 1999 to spring 2004 safety, health, security and oversight management of prime and 30+ sub-contractors contractors  

 

PRESS FOR MORE PHOTOS

 

OCCUPATIONAL SAFETY AND HEALTH REGULATORY COMPLIANCE

 Global Loss Control® has a variety of regulatory compliance audits which have been developed and updated since 1989. As with all of our audit products, we have performed loss control management auditing and controlled losses for various smaller business operations and contractors, to large multi-national and international operations for our clients. Our accounts have requested these audits to verify their position in a particular regulatory compliance area as well as, in obtaining a base line of internal standards and procedures verifying their overall implementation proficiency and program management creditability.

Global Loss Control®  PROJECT ASSISTANCE 

Our loss control project coordination can assist you in the following phases of your project:

 

OTHER COMPREHENSIVE ORGANIZATIONAL AUDITING PRODUCTS USED BY GLOBAL LOSS CONTROL    

    CAP  ™ Audit

Rectangular Callout: AUDITOR:  Dominic J. Brignola, Jr.,    A.S.A.

   

 

 

  Phone: 610-253-7252         
            "WE CONTROL LOSS THROUGH LOSS CONTROL MANAGEMENT AND ENGINEERING"

        All rights reserved. Global Loss Control, Inc. all information contained within this Document and Web Site is subject to change without notice and does not represent a commitment on the part of Global Loss Control, Inc. No part of this document or Web Site shall be reproduced or transmitted in any means, electronic or mechanical, including photocopying and recording, for any purpose without the express written permission of Global Loss Control®  P. O. Box 3085, Easton, (Palmer) PA 18043. Those who enter this Web Site for the purpose of e-commerce and intending doing business with Global Loss Control® through the use of contained services, forms, contract or purchase order are free to utilize the information contained within the Web Site at this time.

 

 

           Last Update July  2010 

©Copyright 1989 - 2010 Global Loss Control, Inc.

 DJB Jr.,  F.A.C.F.E. and A.S.A. LICENSE 85 - ACCREDITED SAFETY AUDITOR

DOMINIC J. BRIGNOLA III, C.I.A., A.S.P.

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