Today, more than ever, businesses face increased financial losses and damage to reputation following an adverse event. Liability exposures are everywhere – from incidents experienced by customers and visitors to your office, facility or worksite; to the ever-present threat of fire or security breaches. In fact, whenever your business interacts with third parties or the surrounding environment either directly or indirectly there is potential for liability claims. Effective loss control programs can reduce these risks by reviewing current safety practices, advising of additional or upgraded safety measures, and working with risk managers to implement changes and measure their impact.
At Global Loss Prevention, we have experts throughout the world who are experts in assessing and managing liabilities across a broad range of industry sectors. We also have a wide array of training and educational materials to keep you and your staff informed of the most current methodologies used to reduce risk and create a safer environment for all stakeholders associated with your business.
Product Liability– Reviews of product protection strategies from raw material and component sourcing to product design and distribution.
Third Party Liability Audits– Identification of potential impacts on third parties and the adequacy of systems in place to manage these risks and reduce the likelihood of litigation and reputational damage.
Site Security– Review of the physical security of your premises as well as how to effectively manage and monitor visitors contract workers, and deliveries.
Emergency Action Planning– Development of programs specific to your needs that reduce risk from threats such as fire, chemical spills, health emergencies, natural disasters and terrorism.
High Risk Liability– Some businesses and operations pose fundamentally higher risks than others. Global Loss Prevention has a dedicated staff of specialists to work with customers in these areas to provide the most current risk analysis and recommendations targeted specifically to address non-traditional concerns.
Benchmarking– Use of our benchmarking software and audit protocols to establish relative performance of sites within a business portfolio or comparative performance with industry norms.