ABOUT
Loss Control Consulting has earned a strong reputation in the Insurance industry. Utilizing experienced industry professionals, our services include nationwide property and casualty loss control surveys and inspections, safety training, and consultative services.
On a large Commercial Auto program, FARA's Virtual Risk Services division verified application data on an entire book of business resulting in 19% premium growth.
Our nationwide network of loss control consultants are experienced and certified in a variety of areas of risk management. On average our consultants possess 9 years of industry experience with credentials / designations ranging from CSP, ARM, CHST, ALCM, to CFPS. Additionally, we commit to add and certify additional qualified consultants as required to meet a client’s growth and expansion needs.
Our Virtual Risk Services division offers a cost-effective alternative to traditional on-site inspections. Our virtual surveys are conducted by a client-certified consultant with knowledge and background relevant to a policyholder’s business operation. The virtual process combines a telephonic interview with internet research to provide verified data about a policyholder's operations, exposures, and controls.
Our virtual surveys are built to each client's specific underwriting guidelines to produce unrivaled results that allow the underwriter to quickly evaluate a policyholder's operations and make effective underwriting decisions.
Program Insurance is an industry niche that we have specialized in for over a decade. Clients that we have worked with over the years have covered industries such as the Recycling, Resorts, Artisan Contractors, Habitational Risk, Bar / Restaurant / Tavern, Retail / BOPS, Trucking, Oil and Gas Risk, and Transportation Risk.
Our Loss Control Consulting staff performs these niche industry services through either telephonic or physical surveys for programs nationwide.
Loss Control Consulting utilizes FARA's patented iAuditExpert system for its risk management needs. With iAuditExpert’s data mining capabilities and risk profiling technology, Loss Control Consulting is able to customize and tailor their services to fit all of your risk management and underwriting needs.
FARA also provides a commercial lines predictive modeling tool, Predictive Profiler, which offers risk intelligence via data mining to understand traits and characteristics that are common amongst the best and worst accounts in your book of business.
