Insurance and Risk Management

In Times Like These, It is Essential to Apply Good Risk Management Principles.

The MHBT Construction Team works with you to manage your total cost of risk. We begin this process with a thorough assessment of your company and the risks it faces. This process entails a review of your operations, insurance coverage, contracts, subcontracts, and your prior five-year loss history by coverage.

Once the assessment is complete, we come back to you with a report of recommendations of how to deal with each individual risk you face, either by insuring it, assuming it, eliminating it, transferring it or reducing it. Our goal is for you to make an informed decision about each risk and the method you will use to handle the cost of that risk. We don’t want you to be surprised by loss from an unplanned, unidentified risk.

Our focus is to give you options that will reduce your overall total cost of risk. We walk with you down every avenue of your company, learning its nuances, preferences, plans and operations. We call our process “Financial Critical Path Partnership.”

The Financial Critical Path Partnership is our approach to working with you. First, we gather a lot of information to analyze the risks your company faces. We then develop creative solutions to handle each risk. Consideration is given to the cost of the various options, with a focus on minimizing your total cost of risk.

For this to work, our relationship has to be one characterized by trust, integrity, honesty and confidence. Our approach is truly a partnership. This approach isn’t for everyone and may not fit your company.

We guarantee if you choose to follow this method, you will have a partner/trusted advisor who considers your interests paramount. We are not order takers – we give you options understanding your specific financial condition and goals.

To set up a free review for your organization, call Susan at 972-770-1408 or email susan_thompson [at] mhbt [dot] com.