RISK MANAGEMENT

GSIS Risk Management and Consulting Services are offered to all our clients and include, but are not limited to:

Reviewing agreements; providing advice on amending or negotiating agreement wording to protect your business. In view of court rulings over the past several years, it is clear that contractual and other representations will be considered in determining what services a party holds themselves out to perform. Under federal law, how a party holds themselves out determines whether they have liability.

Assistance in developing a model Agreement, as needed, to provide a compass to evaluate and negotiate wording in future agreements.

Review current Broker Carrier agreements with Motor Carriers contracted to move freight. These contracts, if skillfully drafted, can assist in managing liability and have a significant impact on reducing both the Freight Broker and their client’s financial exposures.

Assistance in resolution of claims, including subrogation, as an extension of your services.

Partnership with a technology provider that provides critical data on the status of a Motor Carrier’s common carrier or contract carrier authority, their current safety ratings and status of the insurance coverage.

Assistance in motor carrier evaluation and qualification.

Development of a Risk Score Card, for ongoing use in evaluating carriers and providing a viable defense in the event of a bad claim.

Assistance in evaluating the AM Best financial rating of a Motor Carrier’s Insurer.