Kysar Insurance Agency
300 West Arrington St.
Farmington, NM 87401
phone: (505) 325-4561
We're all about helping people, and making businesses run more smoothly and more profitably.
What is Risk?
Risk is anything that threatens your company's efficiency, profitability or success. The concept of risk might be intuitive to you; it is much more than the premiums you pay to the insurance company and more than the coverages that policy provides - risk is essentially an unknown factor that can be prevented, detected, mitigated and transferred.
The concept of risk has expanded over the years to include almost anything that adversely affects the business you run. This can be anything from the loss of a manager's productivity after an identity theft to the amount of time you spend staying compliant with federal policies. Our approach has identified and created solutions for over 120 problem areas that are common to most businesses, and we continue to add new solutions on a regular basis.
Our process starts with an index; this is one of the things that our clients have been most excited about. This is a great filtering tool for your business that prioritizes the things that have the most impact on your clients, employees, profits and owner satisfaction. From our collective experience with our customers and underwriters, we can tell you exactly what will bring the most impact to your business. That becomes the foundation of your plan.
Where we see the potential for you spending money in a certain area, we put a written plan together to minimize or eliminate any dollars spent. The end result is a custom three year plan for reducing your cost of risk and lowering the premiums you will pay in the future. We effectively put you in charge of your risk program by being your prime resource.
The business model is deceptively simple; this approach is really the way business should be run. We look out for your business, and it helps us maintain your loyalty and grow along with your success. On an annualized basis, we are able to track approximately 6 million in savings for our customers. The Total Cost of Risk business model is one that has worked exceptionally well for our customers, and it’s one that we’d be happy to share with your business.
