Risk Management Consultants

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The Risk Specialty Group is your go-to for risk management and insurance solutions. We cater to design professionals by providing guidance and access to specialized carriers that your current agent might not even know exist. Thanks to our extensive network of insurance carriers and global markets, we help businesses like yours upgrade their insurance coverage while reducing associated costs.

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Risk Management Solutions

Our approach is driven by you. We can be as hands-off as you want us to be, or we can provide you with tailored advice throughout your customer journey.

Many businesses view their insurance agent as a “vendor”. That is not us. We are a “guide” in helping you navigate the complex world of risk management insurance.

Think of us as your outsourced Insurance & Risk Management department. By simplifying the complex, we can help you reduce risk and increase profit.

All Business Insurance Solutions

Our comprehensive risk management services safeguard your assets, employees, and profits against unexpected challenges.

Types Of Business Insurance Offered

We offer a full range of business insurance solutions. Each policy is designed to protect your business from specific risks, ensuring comprehensive coverage and peace of mind.

Commercial Automobile Insurance

Covers your business vehicles against accidents, liability, and damage with specialized commercial automobile insurance.

Business Personal Property Insurance

Protect your business equipment, inventory, and furnishings from loss, damage, or theft with comprehensive business personal property insurance.

Cyber Liability Insurance

Defend your business against cyber-attacks and data breaches with robust cyber liability insurance coverage.

Directors and Officers (D&O) Liability Insurance

Safeguard directors and officers from legal claims related to business decisions with directors and officers (D&O) liability insurance.

Employment Practices Liability Insurance

Ensure coverage for claims related to wrongful termination, discrimination, or harassment through employment practices liability insurance.

Environmental Liability Insurance

Secure your business against environmental damage, cleanup costs, and related legal expenses with environmental liability insurance.

Fidelity and Crime Insurance

Protect your business from financial losses due to fraud or theft by employees with fidelity and crime insurance.

Fiduciary Liability Insurance.

Provide coverage for claims arising from the mismanagement of employee benefit plans with fiduciary liability insurance.

General Liability Insurance

Obtain fundamental protection for bodily injury, property damage, and advertising injury claims with general liability insurance.

Inland Marine Insurance

Cover your business assets in transit or stored off-site with inland marine insurance.

Kidnap and Ransom Insurance

Get comprehensive coverage for ransom payments and crisis management for high-risk operations with kidnap and ransom insurance.

Professional Liability Insurance

Protect your business against claims of negligence, errors, or omissions in professional services with professional liability insurance.

Surety Bond Insurance

Your business meets its contractual obligations with surety bond insurance.

Umbrella Insurance Policy

Extend your coverage beyond standard policy limits for added protection with an umbrella insurance policy.

Workers Compensation Insurance

Cover medical expenses and wages for work-related injuries or illnesses with workers compensation insurance.

FAQs about Risk Management

What is risk management?

Risk management involves the identifying, assessing, and prioritizing of risk exposures, followed by coordinated efforts to minimize, monitor, and control the probability or impact of these exposures.

Why is a risk management plan important?

A risk management plan provides the blueprint on how to proactively manage risks, and gives direction to all employees related to carrying out the risk management game plan. This includes stating the specific goals desired; a step by step guide for achieving those goals; and practical ways to measure progress on an on-going basis.

What services are included in risk management?

Risk management services encompass risk assessment, mitigation strategies, insurance solutions, and ongoing monitoring to protect against financial loss, bodily injury or property damage.

How does risk management benefit businesses?

It helps businesses limit their exposure to risks of financial loss, bodily injury or property damage, which helps increase their profit and safeguard their assets.

How is insurance related to risk management?

Insurance does not keep an unfortunate event from occurring, but it does help pay for it. Risk Management is split up into two (2) buckets; Risk Control and Risk Financing. Risk Control helps to “control” the exposures in a business’ operations. Risk Financing is how the losses will be paid for if/when they occur. Insurance falls within Risk Financing since it is a way businesses can transfer the payment of expenses associated with a loss over to the insurance carrier.

Why consider risk management consulting?

Risk management consulting provides guidance to businesses on identifying, assessing, and managing financial risks. You can do it yourself, but wouldn’t you prefer to work with an insurance agency that already works with firms just like yours?

How much does risk management consulting cost?

If you work with our agency, we can often provide risk management services for free, since they are often included in the premiums you pay for insurance.

What are effective risk management solutions?

Effective risk management solutions include risk assessments, placing or revising insurance coverage, contingency planning, and proactive monitoring to minimize potential threats.

What areas of a design firm need risk management?

We have classified three broad areas within a design firm where Risk Control and Risk Financing can be utilized: Finance, Legal and Operations.The area of finance may not seem relevant to risks associated with design firms, but this includes borrowing money to meet payroll, investments the firm has made, employee benefit plans, and aging accounts receivables.

Design firms are required to maintain a level of skill and care ordinarily demonstrated by members of their profession under similar circumstances and at the same time their services are performed, in the area that they practice. The law does not require perfection, just reasonable skill, and care. Failure to meet this “standard of care” is a necessary element for establishing negligence.

Lastly, there are many various risks associated with operating any type of business. Many of these operational risks can be mitigated using insurance policies. Others require the firm to create policies, processes and procedures around the various practice areas to increase the odds of favorable results.

Which risk management tools are recommended for businesses?

Risk assessment software, financial modeling tools, and enterprise risk management (ERM) systems are recommended.

Get more answers to your professional liability insurance questions by contacting Risk Specialty Group today.

Why Choose Risk Specialty Group?

At Risk Specialty Group, we’re not just an insurance agency – we’re your guide in navigating the complex world of insurance and risk management. Unlike many agents who act as “vendors,” we partner with you to ensure your risks are covered while minimizing insurance costs. Here’s why businesses choose us:

Industry Expertise

We bring deep knowledge across industries, tailoring insurance and risk solutions to your unique needs.

Customized Solutions

We craft personalized strategies to address your specific business risks.

Proactive Approach

We identify and mitigate risks before they become costly issues.

Comprehensive Coverage

We offer broad protection, from property and liability to employee coverage.

Trusted Partnerships

We work with top-rated carriers to provide the best coverage at competitive rates.

Ongoing Support

We’re with you every step of the way, offering continuous guidance and policy reviews.

At Risk Specialty Group, we’re more than just your insurance agency – we’re your risk management partner.

What Our Clients Are Saying

     EXCELLENT  
  18 reviews

    
 
 
      Posted on Google  
   
   Bobbie Llenz 
 20 December 2023
 
 
  I cannot say enough good things about Risk Specialty Group.  Their team is professional, and they have your best interest in mind.  I highly recommend them.   Our agent is Travis Landers and his team always take care of us every step of the way through the renewal process down to a dreaded claim.  We have been in business 27 years and believe me you want these people on your side.
  
 
     Posted on Google  
   
   JMD Engineering LLC 
 27 November 2023
 
 
  Couldn't be more pleased with the level of service and competitive pricing.  I have a niche business that falls outside the norm of most. Risk Specialty Group took the time to understand my business and provide the perfect solution of coverage for me. I highly recommend them to any small business in need of coverage.
  
 
     Posted on Google  
   
   Jill Bard 
 20 November 2023
 
 
  When I started my business 4 years ago, the team at Risk Specialty Group was recommended to me by a long-time colleague to handle business and professional liability insurance.  I could not be happier!  Travis, Deanna, and the entire team are wonderful to work with.  They consistently provide excellent service and go above and beyond to make sure I have what I need, when I need it.  One example: I purchased a new vehicle for the business and was signing paperwork late on a Friday afternoon not realizing I would need auto insurance before I drove it off of the lot.  Travis and his team took my call at 5pm and made sure I had coverage so I could drive home before 6pm, on a Friday!  Just one example of their excellent service and responsiveness.
  
 
     Posted on Google  
   
   Chris Abell 
 17 November 2023
 
 
  I've been partnering with Risk Specialty Group for last few years, and they consistently deliver exceptional service. The team's responsiveness is truly commendable being both prompt and efficient.

The account managers at Risk Specialty Group are clearly experienced, making the process of navigating insurance requirements seamless. I appreciate their attention to detail and the assurance that my business is in capable hands.

I highly recommend them to any business in search of a reliable insurance partner.
  
 
     Posted on Google  
   
   Blyss 
 16 November 2023
 
 
  I would highly recommend Risk Specialty Group to anyone looking for reliable and helpful insurance professionals who go above and beyond to ensure customer satisfaction. Travis and Leah have consistently shown exceptional reliability, proving to be significant assets in navigating the complexities of insurance policies. Their unwavering commitment to providing assistance is evident in prompt and thorough responses, along with valuable feedback. Barron Engineering appreciates all of your help and support!
  
 
     Posted on Google  
   
   Nicola Hartman 
 15 November 2023
 
 
  The Risk Specialty Group was recommended to TTL by another client of theirs. We have not been disappointed! Both Travis and Candi have been wonderful to work with - the communication is exceptional and the overall switch from a different company has been seamless. I look forward to working with them for many more years to come.
  
 
     Posted on Google  
   
   Real David N 
 12 October 2021
 
 
  Risk Specialty Group has handled my micro-company's insurance for almost five years.  They have consistently provided prompt, professional, friendly, and effective customer service. I am always sure that I have access to their "A" team and that they are in my corner.  Of all my service providers, they are #1 in that department.  6 stars if I could.
  
 
     Posted on Google  
   
   J Smith 
 31 January 2019
 
 
  Prompt, knowledgeable, and courteous. Enjoyed working with the Risk Specialty Group team.
  
 
     Posted on Google  
   
   Brian Richardson 
 28 January 2019
 
 
  My company, EFR Contracting LLC, uses Risk Specialty Group because of their industry expertise, professionalism, superior customer service and attention to detail. I highly recommend them.
  
 
     Posted on Google  
   
   Elizabeth Schlitzberger 
 17 January 2019
 
 
  Very professional group with great attention to detail. They care about their customers! I highly recommend them!

Contact Us Today

Ready to take the next step? Contact Insurance Firm today and experience the trusted support of Risk Specialty. Whether you need expert guidance or have questions about your professional liability insurance, we’re just a call or click away. Let’s connect and secure your professional future today!

Risk Management Blog

Stay informed with industry insights and expert analysis on professional liability insurance. Visit our risk management blog for valuable resources and updates from Risk Specialty.

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David Nelson

15:10 01 Apr 19

Risk Specialty Group has handled my micro-company's insurance for almost three years. They have consistently provided prompt, professional, friendly, and effective customer service. I am always sure that I have access to their "A" team and that they are in my corner. Of all my service providers, they are #1 in that department. 6 stars if I could.

Todd McMakin

16:00 04 Dec 18

We have been using the Risk Specialty Group for our company insurance for two years and have been very happy with our rates and with the customer service that we have received. They are always quick to respond to questions and requests. Highly recommended!

Su Young

18:52 04 Dec 18

Risk Specialty's owner is great to work with, excellent knowledge of the marketplace and clients' insurance needs. The staff is thorough, experienced and friendly. Great shop to consider for your insurance needs.

Elizabeth Schlitzberger

15:23 17 Jan 19

Very professional group with great attention to detail. They care about their customers! I highly recommend them!

Parallax Consulting Group

01:30 19 Dec 18

I am currently renewing my coverage for year (2) of my business. Everyone at RSG has been extremely helpful, while also being clear and concise with all my options and/or questions through every step of my growth, risk management and company success. I would highly advise and/or recommend RSG to anyone looking to find a firm you can count on...but most importantly, trust!