Risk Management is defined as the systematic Identification, Measurement,
and Analysis of Risk & Crisis Issues facing a firm. Once identified,
each risk is assessed and managed in a variety of ways: from transfer
through insurance or contract, internal control processes, or a
decision to avoid particular risk issues. Clarity Concepts has extensive
expertise in corporate risk management and related insurance strategies.
Clarity Concepts provides a variety of risk consulting services
to large organizations. Jane M. Downey earned her BA in Risk Management
and Insurance, with a double major in Accounting, from Temple University.
Her work experience includes positions in Risk Management with PaineWebber
and West Pharmaceutical Services as well as insurance brokerage
experience at Hobbs Group. Jane has taught Risk Management in Temples
Fox School of Business and Crisis Management at Penn States
Great Valley Graduate Program.
Jane brings a unique blend of her work in leadership consulting
with her risk expertise. Projects that combine this knowledge of
group process include:
Workers Compensation and Safety Team
enhancement and claims reduction
Executive Strategy Sessions and Corporate Governance
Corporate Risk Assessment
Crisis Management and Disaster Recovery Planning
Insurance Broker Assessment and Selection
Clients include Main Line Health Systems (now Jefferson),
Genencor International, Schott Corporation, Humphrey Systems, Riscorp
Outsourced Risk Management
Clarity Concepts has provided Outsourced Risk Management services
to Schott Corporation/Carl Zeiss, Inc. since 1996. This work includes
management of US broker Marsh, Inc, as well as serving as liaison
to the worldwide Risk manager in Germany. This work includes advising
on allocations for over 15 divisions and companies generating over
$1 billion in US revenues. Specific projects in addition to the
risk-consulting retainer include Workers Compensation Claims reduction
for specific divisions and Property claims negotiations. On going
outsourced risk consulting is available to select clients only.
Expert Witness Insurance and Risk Consulting
Jane Downey is a nationally known expert on litigated issues concerning
risk and insurance. She has worked for McKenna & Cuneo and others
as insurance expert on issues concerning insurance placement and
Technical Risk Management Workshops
In addition to university teaching, Clarity Concepts provides insurance
education to brokerage firms and internal risk management departments.
The topics for this work can range from preparation for the Associate
in Risk Management program to specific product line or risk management
studies. This work has been provided to Commerce National, Samsung,
and CIGNA International.
Broker Leadership Training
Additionally, Clarity Concepts has combined its leadership consulting
with its knowledge of the insurance industry to serve those firms
working in the field. This work can include motivational workshops,
customer service audits and executive strategy. Clients of this
work include Commerce National and NAPCO.
Corporate Governance Consulting and Training
In response to the enhanced level of scrutiny by corporate offices
and directors and a result of the Sarbanes-Oxley Act as well as
the rapidly changing conditions of risk facing all organizations,
Clarity Concepts now offers a two-day Corporate Governance Risk
Assessment package that is supported by a nationally known Business
Interruption Accounting Firm. We help your executive team brainstorm
and strategize on risk potential, focusing on "out of the box"
thinking through visioning strategies and innovation methodologies.
Once risk possibilities are accumulated, we work with an accounting
firm to measure these risks so your risk management team can assess
property and make the right risk management decisions. Our value
proposition for this product offering includes:
1. Corporate Governance Risk Analysis opportunity
for Senior Management in a short period of time
2. Opportunity to provide leadership support to Risk Managers
and facilitate their communications with Senior Management
3. Reduced time frame in producing results. Our process has been
known to reduce weeks of strategy work into a day and a half.
4. Environment to assess creative risk solutions, particularly
for uninsured issues
5. Actual forecasts of the costs of potential crisis or disaster
scenarios to increase risk management effectiveness.
6. Data provision to the company to better negotiates insurance