In the latest episode of The Legacy Lab, hosts Megan Davis and Ashley Simpson from RMC’s Marketing Department sit down with Tom Bacharach, VP of Sales, and Mark Elwell, EVP of Risk, to answer a critical question for every business owner: Are you truly protected?
This episode dives into the power of a Risk Review—what it is, how it works, and why it can make all the difference in safeguarding your business and your legacy.
What Is a Risk Review?
A Risk Review is a comprehensive evaluation of your business’s insurance coverage and employee benefit programs. It’s about understanding your current exposures, identifying any gaps in coverage, and making sure your protection aligns with your goals—not just your premiums. In the podcast, it is explained as a physical.
This isn’t about selling you something new—it’s about making sure what you already have is working for you, not against you.
How the Risk Review Process Works
Mark and Tom break down the step-by-step process:
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Introductory conversation – a 30-minute call to learn about your business.
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Document gathering – provide copies of your current insurance and benefits policies.
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Specialist review – RMC’s experts across property, casualty, health, and retirement dive into the details.
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Findings and recommendations – receive a customized report and actionable insights.
It’s a collaborative, educational approach designed to empower business owners.
What’s Included in the Review?
Property & Casualty Insurance:
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Business liability, property, auto, workers’ compensation, cyber coverage, and more
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Are you adequately covered?
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Are you unknowingly overpaying?
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Do you have hidden vulnerabilities?
Employee Benefits:
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Health, dental, vision, voluntary benefits, and retirement plans
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Is your program compliant and cost-effective?
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Are your employees actually using the benefits you offer?
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When was the last time you asked them what they want?
What Do You Walk Away With?
After your Risk Review, you’ll receive:
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A personalized risk report
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Clear, strategic recommendations
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Either validation that you’re on the right track—or a plan to improve
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And there’s no obligation to make any changes or work with RMC afterward
Ready for Your Own Risk Review?
If you’re ready to gain clarity, avoid costly gaps, and ensure your coverage aligns with your business goals, now’s the time to schedule your Risk Review.
Resources
- Meeting Link for Tom Bacharach
- Meeting Link for Mark Elwell
- Follow us on social networks at @rmcgp on LinkedIn, Facebook and Instagram
The information provided in this podcast is for informational purposes only and does not constitute legal, financial, or professional advice. RMC Group recommends consulting with qualified professionals regarding your specific needs and circumstances.
