Strategic Advisory for Companies

Insurance, Surety and Risk Management in Puerto Rico

Your business changes. Your exposures can change too. RiskOne Group helps companies in Puerto Rico evaluate insurance, surety bonds, and risk management options.

Overview

An Approach That Starts With How the Business Operates

At RiskOne Group, we start by understanding how the business operates: its contracts, assets, processes, and daily activity across departments.


Exposures can relate to property, liability, vehicles, technology, or construction projects, and they tend to shift with operational changes such as growth, new contracts, additional staff, or new equipment.


From that context, we help identify the areas that need attention, assess mitigation and risk transfer alternatives, and determine whether to develop a new structure or modify the current insurance structure based on the business’s actual operations.

how we help

How We Can help

Each conversation adapts to the company’s operations and to the areas that need closer attention at that moment.

01

Understand the Business’s Exposures

We analyze the business’s operations, assets, contracts, and activities as a starting point for identifying and assessing the exposures that may need attention.

02

Connect Coverage With Business Operations

We connect new or existing coverage with how the business actually operates, developing or evaluating the insurance program and identifying relevant questions or possible gaps.

03

Prepare for Important Decisions

We help the company prepare for important decisions by evaluating commercial policies and mitigation or risk transfer alternatives based on each situation.

04

Receive Support During a Claim

We support the company during the applicable stages of a claim, with guidance, organized information, and communication with the corresponding insurer.

Analysis Areas

Areas We Can Address

Every business situation is different. These are the specific areas RiskOne Group can analyze, develop, or evaluate based on your company’s needs.

1. Risk Identification and Analysis

We analyze the business’s exposures based on its operations, assets, contracts, and current activities as part of the risk identification and assessment process before important decisions.

2.Insurance Program Development and Evaluation

We develop or evaluate the insurance structure to understand whether coverage responds to the business’s real operations, assets, current needs, priorities, and exposures.

3. Property and Business Interruption

We evaluate property and business interruption coverage, considering how these risks could affect operational continuity and the potential financial impact of an interruption on the company.

4. Commercial Liability

We evaluate general liability, commercial auto, and product liability coverage, considering third-party claims that may arise from the company’s operations and services.

5. Professional and Executive Liability

We evaluate professional liability, Errors and Omissions, and Directors and Officers coverage based on the services a company provides and the responsibilities of its executive leadership.

6. Cyber Liability

We evaluate coverage related to cyber incidents, considering the exposure of a company’s systems, data, and information and their possible impact on operational continuity and daily activity.

7. Surety Bonds

We evaluate bid, performance, payment, license and permit, and judicial bonds based on the requirements of contracts, permits, or processes applicable to each business situation.

8. Construction and Specialized Programs

We develop or evaluate coverage and programs for construction projects, including Builder’s Risk and programs such as OCIP and CCIP, depending on the type, size, and scope of each project.

9. Claims Support

We support the company with guidance and organized claims information and documentation, along with communication support with the insurer during the applicable stages of a claim.

Camalis sentada con una tableta en sus manos, ofreciendo asesoría a un hombre en una oficina luminosa.

ongoing support

Support During the Claims Process

A claim can require clarity, organization, and follow-up, especially when multiple parties are involved, deadlines are tight, or documentation is still being gathered.


RiskOne Group supports the company with guidance during the applicable stages of the process, helps with information and documentation, and communication with the corresponding insurer, based on the need and scope of service.

This support does not imply approval of a claim, specific amounts, legal representation, or a determined outcome. Its purpose is to provide greater clarity and organization as each particular case moves forward.

Situations That May Call for Attention

Certain situations may signal that it is time to evaluate the insurance structure and its coverage.

Before major changes to the current insurance program.

When operations, services, or business lines change.

When acquiring new assets, equipment, or property.

When starting a new construction project.

When a contract requires specific coverage or a bond.

After recurring or significant claims.

When the insurance structure no longer clearly reflects current operations.

When there are questions about limits, exclusions, or exposures.

How We Approach Risk and Coverage

Our process begins with a strategic conversation to understand the business’s operations before evaluating risk mitigation and transfer or developing possible program adjustments.

1

 Understand the Operation

We learn the business context: its assets, activities, contracts, and current exposures. This first conversation helps identify which areas need closer attention before continuing.

2

Analyze the Current Situation

We analyze the current insurance structure, claims history, and areas that may need further attention. The level of detail depends on the information available and the complexity of the organization.

3

Evaluate Options

We evaluate mitigation options, risk transfer, and possible adjustments to coverage relevant to the company. The scope of this evaluation varies based on the industry, size, and priorities of the business.

4

Support the Next Steps

We help with implementation, preparation for program changes, or support during claims processes, based on what the company needs. The next steps vary depending on each organization’s situation.

Practice Contact

Let’s Discuss Your Company’s Needs

Eduardo Martí, Esq.

Insurance, Surety and Risk Management Area Leader


Eduardo Martí, Esq. leads RiskOne Group’s Insurance, Surety and Risk Management area. Share information about your company’s operations, exposures, insurance, or bonding needs to begin a conversation about the areas worth addressing and the appropriate next steps.


Email: emarti@riskonegroup.com


Eduardo asesora a una mujer en una oficina luminosa usando un mapa de Puerto Rico en la mesa.

Frequently Asked Questions

Frequently Asked Questions About Insurance, Surety and Risk Management

  • What Does Risk Management Consulting Include?

    At RiskOne Group, we identify the company’s exposures, develop or evaluate its insurance structure, and consider mitigation and risk transfer alternatives based on how the business operates. The analysis may also include claims history, depending on the available information, the industry, and each organization’s particular needs.


  • What Is the Difference Between Purchasing Insurance and Having a Risk Management Strategy?

    Purchasing insurance addresses a specific coverage need. A risk management strategy begins by analyzing the company’s exposures and how the business operates, then considers mitigation, risk transfer, and commercial insurance as related alternatives for managing the business’s exposures.

  • What Information Might RiskOne Group Need to Get Started?

    RiskOne Group may request general information about the company’s operations, relevant assets, contracts, current policies, and claims history, when available. This information helps us understand the business context and identify the areas that need closer attention before defining the next steps.

  • When Should a Company Evaluate Its Risks and Insurance Program?

    It may be appropriate to evaluate risk and the insurance program before major operational changes, when assets are acquired, or when starting a construction project. It may also be useful after significant claims or when questions arise about limits, exclusions, or current exposures.

  • How Does Claims Support Work?

    RiskOne Group supports the company with guidance during the applicable stages of a claim, helping with information, documentation, and communication with the corresponding insurer, based on the need and scope of service. This support does not imply approval, specific amounts, legal representation, or a determined outcome.

  • What Coverage or Bonds Can RiskOne Group Evaluate?

    RiskOne Group can develop or evaluate commercial, liability, property, and cyber coverage, as well as different types of bonds, including bid, performance, payment, license and permit, and judicial bonds, based on the requirements applicable to each project, company, or industry.

Protecting Your Business as One

Evaluate Your Company’s Risks and Coverage With More Context

Let’s talk about your company’s exposures, insurance structure, claims, or bonding needs. The first step is a strategic conversation about what your organization needs to develop, evaluate, or address before defining the next steps.