Risk management is an important part of planning for businesses. The process of risk management is designed to reduce or eliminate the risk of certain kinds of events happening or having an impact on the business.
There are many different types of risk that risk management plans can mitigate. Common risks include things like accidents in the workplace or fires, tornadoes, earthquakes, and other natural disasters. It can also include legal risks like fraud, theft, and sexual harassment lawsuits. Risks can also relate to business practices, uncertainty in financial markets, failures in projects, credit risks, or the security and storage of data and records.
The idea behind using risk management practices is to protect businesses from being vulnerable. Many business risk management plans may focus on keeping the company viable and reducing financial risks. However, risk management is also designed to protect the employees, customers, and general public from negative events like fires or acts of terrorism that may affect them. Risk management practices are also about preserving the physical facilities, data, records, and physical assets a company owns or uses.
We assist our client’s in Dallas, Fort Worth, Denton and all of Texas to identify and mitigate risks. Our risk consultants listen first and then assist in developing a plan. By helping you effectively assess and efficiently manage risk, we add stability and create value for your business now and into the future.
AR Garrison has a range of products and services to help you. Whether your business needs property, casualty, automobile, General Liability, Workers Compensation or other types of insurance, we can help find the best coverage that is right for you.
The professional agents you work with is essential in helping guide you through the risk prevention strategies, innovative products, and cutting-edge resources we can provide for your business.
2925 Country Club Road • Suite 105
Denton, TX 76210
P | 940-382-4700
F | 888-708-3665