Risk management and coverage analysis
Many businesses learn they are underinsured only when a loss meets an exclusion. We map your exposures, review policies and contracts line by line, and document the gaps — cyber, employment practices, contractual liability — so they can be closed before a claim.
Operations change faster than insurance programs
New technology, new contracts and new service lines create new exposures, and the policy that fit three years ago may exclude your largest risk today. A systematic risk and coverage analysis maps every exposure, reviews policies and contracts line by line, and documents the gaps, inadequate limits and exclusions that can leave a business uninsured for a major loss.
Three gaps that surface at claim time
Illustrative examples of businesses that believed they were covered — and how a risk analysis would have caught the gap.
"Comprehensive" coverage, no cyber policy
A 120-employee professional-services firm storing 15,000 client records in the cloud was shut down for 11 days by ransomware. It believed it had comprehensive coverage but carried no cyber liability policy, and its general liability and property policies specifically excluded cyber.
- Business interruption$780,000
- Recovery and forensics$320,000
- Notification and credit monitoring$220,000
- Legal$80,000
Illustrative example. Real outcomes depend on the facts and your policy terms.
Six protections worth confirming
A quick discussion tool, not a coverage determination. Any item you cannot confirm is worth a closer look.
Cyber liability insurance
Ransomware, breach response and data recovery.
Employment Practices Liability (EPLI)
Wrongful termination, discrimination and harassment.
Contract and risk-transfer review
Indemnity and hold-harmless obligations in your agreements.
Business interruption and continuity
Lost income, dependencies and single points of failure.
Property valued at replacement cost
Avoids coinsurance penalties at claim time.
Professional liability (E&O)
Errors, omissions and professional negligence.
Our risk and coverage process
Four steps that turn "we think we're covered" into a documented, prioritized protection plan.
Exposure analysis
A systematic review of your whole operation — property, liability, cyber, employment, professional, contractual and emerging risks. Includes operations-wide exposure mapping, cyber and technology-dependency evaluation, emerging-risk assessment and an on-site safety and loss-control review.
Gap and contract review
A line-by-line comparison of what you carry against your exposures: exclusions, inadequate limits and missing endorsements, plus analysis of contracts, leases and subcontracts for indemnity and additional-insured obligations, and an asset-valuation review to prevent coinsurance penalties.
Benchmark and loss review
Five years of loss history analyzed for patterns and root causes, limits and deductibles benchmarked against comparable businesses, and a business-continuity and dependency assessment.
Risk report and monitoring
A written report with findings, gaps, recommended enhancements, cost-benefit analysis and a prioritized action plan with a timeline — followed by annual reviews as exposures and rules evolve.
Twelve ways we test your protection
Filter by focus or search to see what a comprehensive review includes.
Comprehensive exposure analysis
Systematic review of all operations, identifying property, liability, cyber, employment, professional, contractual and emerging risks.
Emerging risk assessment
New exposures from business change — technology, new service lines, M&A activity, regulatory shifts, supply-chain and ESG liability.
Cyber risk evaluation
Digital vulnerabilities, breach and ransomware exposure, technology dependencies and privacy liability that call for cyber coverage.
Safety and loss-control assessment
On-site review of hazards, OSHA-compliance issues and loss-prevention opportunities that reduce claim frequency and severity.
Coverage gap identification
Line-by-line policy review against your real exposures, documenting gaps, inadequate limits, missing endorsements and problem exclusions.
Industry benchmark comparison
Your limits, deductibles and protection compared with similar businesses and standard practice.
Asset valuation review
Confirms property, equipment, inventory and building values reflect replacement cost, preventing coinsurance penalties and underinsurance.
Business continuity planning
Critical dependencies, single points of failure and supply-chain vulnerabilities that call for business-interruption and contingent-income coverage.
Contract and agreement review
Client contracts, vendor agreements, leases and subcontracts reviewed so coverage matches required limits, additional-insured and indemnification clauses.
Loss history analysis
Five-year loss-run review identifying claim patterns, high-frequency exposures, emerging trends and root causes for targeted mitigation.
Written risk report
Documented findings, gaps, recommended enhancements, prioritized action items and an implementation timeline for management.
Ongoing risk monitoring
Annual reviews so the program evolves with business changes, new exposures and industry-specific threats.
Analysis through the lens of real claims
Claims experience
Having managed thousands of claims, we know which policy provisions matter when a loss hits, and we review your protection with that in mind.
Emerging risks
Cyber threats, climate risk, supply-chain disruption, ESG and social-inflation liability — we track new exposures so coverage evolves with them.
An honest picture
As a broker, we compare options across the market. We do not minimize risks to lower a premium or recommend coverage you do not need.
Request a complimentary risk assessment
We will identify coverage gaps, emerging exposures and practical enhancements to your program. Prefer email? Write to info@firstunderwriters.com.
Descriptions are general summaries for education. They are not legal, tax or coverage advice, a statement of coverage, an offer or a binder, and the self-check is a discussion tool rather than a coverage determination. Scenarios and dollar figures are illustrative examples, not representations about any business. Coverage, limits and eligibility are governed by the terms, conditions and exclusions of the policies issued and are subject to underwriting.