Risk Retention Services began over a quarter century ago when a group of product manufacturers got tired of paying insurers (when they could get insurance) who simply settled cases – and then raised rates. This group formed a captive, and hired our company to investigate and handle claims under one mantra – “No Liability – No Payment.”
We have expanded since then. We understand that some clients prefer to have claims settled for customer service or other business reasons. Recognizing these realities we have grown to be able to fit our program into your needs.
Our Client Is the Expert in their Business and Products.
Risk Retention Services is expert at administering claims. Risk Retention Services is an expert at litigation management. However, we recognize that the client is the real expert when it comes to its own products or services.
You know your business; we know claims. We use your expertise to ensure that you can concentrate on your business with confidence that the claims and litigation are being handled in a manner consistent with your goals.
Tender Claims with a Strong Defense Posture.
Risk Retention Services ensures that there is effective management of the claim through the Self Insured Retention limits (and above), before the insurance company takes over financial control of the claim. This ensures that defense dollars are wisely spent, the case moved toward trial, and sets up the claim for a strong defense. Or, it ensures that the claim is properly investigated and evaluated, and early settlement is reached before spending unnecessary defense dollars. Either way, with Risk Retention Services on your side, you know that you are being protected.
Protect our Client’s Reputation.
Risk Retention Services is in business to add value to your business and protect your company’s good name. Our client’s appreciate that the “no liability, no payment” philosophy protects their reputation and in the short and long term helps save them money.
