Specialized & Comprehensive Cost-Effective Insurance

Risk Services

Not all risk management is created equal. We know how to reduce the cost of risk.

Lower risks. Lower premiums.

CPIX can help your company develop a comprehensive, active, effective risk management program that will result in lower insurance premiums. We provide comprehensive Risk Management Services in four specialized areas:

  • Safety and Loss Control
  • Support
  • Alternative Risk Financing
  • Mentoring

Expert experience. Proven value.

CPIX has decades of experience with risk management in the energy sector - as well as in transportation, retail, manufacturing and construction.
We will work with you to:

Identify and assess your risks.

We will visit your operating properties to:

  • Conduct a Risk Survey and Loss Management/Safety Audit
  • Assess the results
  • Provide feedback
  • Identify opportunities for improvement

Develop Risk Management solutions.

We will help you develop a detailed program of procedures, practices, standards and documents focusing on the best means to meet your needs, legislative requirements and industry benchmarks - all while strengthening your loss control performance.

Implement or enhance your Risk Management Program.

We will develop and deliver comprehensive training programs covering dozens of essential elements, such as:

  • Emergency preparedness
  • Development of new employee orientation programs
  • Industrial rescue
  • Hazard identification
  • Incident investigation and reporting

Provide on-going Risk Management services.

Our support services include:

  • Hazard analysis of tasks or projects before they start
  • Planned inspections to monitor and evaluate your programs
  • Written recommendations for adjustments or enhancements

Loss Control

CPIX Risk Services: Loss Control

Loss control is an organized and continuous effort to help decrease the possibility of unforeseen losses and the impact of those that do occur. Our Loss Control programs have been designed to provide you with the information you need to recognize and control the most common causes of loss.

CPIX will help identify present and potential Loss Exposure through:

  • Risk Surveys
  • Loss Control Program Audits
  • Facility Inspections
  • Hazard Analysis
  • Job Observations
  • Task Analysis
  • Impact Forecasting

Our programs range from basic Environment and Loss Control requirements to advanced Emergency Response Planning, Purchasing, Design Standards and Security.

Support

CPIX Risk Services: Support

CPIX provides conscientious, progressive Support services:

  • Training
  • Loss Investigation
  • Claims Management
  • Loss Information Sharing
  • Ongoing Audits and Inspections

CPIX will assist Subscribers in completing essential functions such as Data Collection and Organization, including:

  • Statistical Analysis
  • Presentation or Report Preparation for Senior Management
  • Graphical Modeling (Flowchart and Decision Tree Analysis) of Key Risk Factors
  • Special Project Planning, Analysis and Recommendations
  • Contract Analysis

Alternate Risk Financing

CPIX has the expertise and resources to research and design unique programs that combine traditional Risk Control and Financing techniques with innovative Capital Markets products. This service provides our clients with a fully equipped research and development team even where budget would otherwise be an impediment.

Each program is custom built; designed to address both conventional and exceptional problems including:

  • Well Abandonment Programs
  • Association Captives
  • Multi-Indexed Sliding Retentions
  • Political Risks to Foreign Assets, Net Income, Liabilities and Personnel

Consulting

CPIX offers periodic workshops, guest lectures, program structure evaluation and a sounding board for idea development and evaluation. We also encourage the sharing of non-proprietary information and ideas among our Subscribers, so they can help each other in their efforts to find Risk and Insurance solutions for commonly addressed problems.

Client Quote

“CPIX provided a considerable cost savings to us, specifically in the area of property and business interruption coverage. CPIX was also able to offer more flexibility in the terms of the coverage than the traditional underwritten policies.”

Stewart Larsen
Vice President of Finance, and CFO
Culane Energy Corp.

Risk Management PDF