Ensuring that your company has the best possible contracts in place is a powerful risk management tool. The Risk Performance Group’s work in the area of contractual risk transfer gives your company access to the best tools and information available on today’s common (and not-so common) contractually assumed risks.
The basis of contractual risk transfer is an agreement or contract between two parties whereby one agrees to indemnify and hold another party harmless for specified actions, inactions, injuries or damages. The risk transfer accomplishes objectives found in both risk financing—how will the cost of a claim be paid—and risk control; developing a means to avoid or lessen the costs associated with a loss.
The Sentinel team will help ensure the last word in a risk transfer scenario is yours; protecting you from financial harm today and always.