VIEWING: Insurance

Loss Control

Effective loss control isn’t a cost of doing business – it’s an investment for your business’s future. At BancorpSouth Insurance Services, we specialize in helping clients proactively prevent, reduce and manage exposures while reducing the frequency and severity of losses.

BXSi_CalloutImage_Claims-Mgmt_ProtectingOrganizationsAssets

Protecting your Organization's Assets

The right risk assessment of your individual operations and safety programs can protect your company's assets.

BXSi_CalloutImage_Claims-Mgmt_RealCostRiskConsulting

Real Cost of Risk Consulting

Let our team of specialists help insulate your business’s assets by focusing on the direct and indirect costs of risk.

BXSi_CalloutImage_Claims-Mgmt_LossControlServices

Loss Control Services

Get the help you need at the time needs arise rather than by a predetermined date.

  • Specialize focus on direct and indirect cost of risk
  • Comprehensive risk assessment for your operation
  • Analyze loss trends in your industry
Contact Us Learn More
Coverage & Benefits

Available Services

  • Comprehensive risk assessment
  • Access to safety and risk management resources for continued improvement
  • Site safety meeting assistance and compliance training
  • Loss trend analysis and audit
  • Ongoing consultation to address safety and risk management concerns
  • Liaison services between client and insurer to maximize resources
  • Client-specific loss prevention programs to standardize methods of regulatory compliance
  • Facilitating best practices by participating in safety committee meetings
  • Human resources consultation, including new hire orientation, training needs analysis, substance abuse programs and OSHA/regulatory standards compliance
  • Assistance with formal accident/incident notifications, investigations and reporting for unique and potentially catastrophic events
  • Assistance with review, analytics, development and implementation of formal effective return-to-work programs
  • Participation in employee management training sessions
  • Safety-related seminars, webinars and lunch and learns for facilitating continued safety improvement

Our experts focus on five areas that impact business costs

  • Financial – accounts receivable, interest rates and nonpayment of contracts.
  • Strategic – improper business decisions, poor implementation, lack of response to industry and marketplace changes and new competitors.
  • Operational – inadequate or failed internal processes, staffing and systems that drag down productivity, including failure to maintain or upgrade equipment, supply chain interruptions and damage to your brand name.
  • Human capital – direct costs like benefits, and indirect costs like absenteeism, presenteeism and disabilities.
  • Hazard – security and loss of assets due to man-made and natural disasters.
FAQs

Q: What is the Real Cost of Risk consultation?

A: Our Real Cost of Risk consultation addresses the direct and indirect costs of risk —giving you ways to insulate your organization's assets.

Q: Why does our real cost of risk consultation matter?

A: Direct and indirect costs can have a significant impact on financial performance. Our Real Cost of Risk® approach provides a valuable yardstick for measuring brokers, quantifying their ability to control costs, improving productivity and increasing profits. We help clients gain a competitive advantage and find a hidden profit center.

Find a Location

You are leaving www.bancorpsouth.com

You have clicked on a link to a third-party website and are leaving the BancorpSouth website. BancorpSouth does not control third-party web sites or the information, products and services offered there. BancorpSouth provides links to such sites only as a convenience and is not responsible for the privacy or security of any third-party website. We encourage you to review the privacy policy and security offered on the third-party website prior to providing any personal information.

× ProceedCancel