Risk International grew much faster during the recent economic downturn because our risk management services were needed more than ever before
Akron, OH (Vocus) December 7, 2010
Risk International, an industry-leading risk management consulting firm, was named as one of the 100 fastest growing companies in the northeast Ohio region. The award was based on revenue growth over a five year period and presented by Case Western Reserve University’s Weatherhead School of Management with Ohio’s Council of Smaller Enterprises (COSE).
“Risk International grew much faster during the recent economic downturn because our risk management services were needed more than ever before,” said Michael D. Davis, Risk International’s President and Chief Executive Officer. “We helped new clients, global firms with intense cost pressures, cut their cost of insurance while reducing risk. Current clients also added services to ensure their risks were appropriately managed.”
The northeast Ohio region includes the Cleveland and Akron, areas that have been particularly hard-hit by declines in manufacturing.
"We are pleased to present Risk International with this honor in reflection of the work they are doing in our local economy," said Steve Millard, president and executive director of the Council of Smaller Enterprises. "Bright points like Risk International's business growth point to hope and an example of a company creating jobs and opportunity in a tough business climate."
Risk International has been recognized as one of the top three risk management consultant companies in the U.S. for the past four years by Business Insurance magazine and leads the industry in managing total cost of risk, saving over $763 million for clients to date.
PolyOne Corp., a multi-billion dollar provider of polymer materials, also headquartered outside of Cleveland, Ohio, has been a customer of Risk International for over 10 years.
“Risk International has been a trusted and valued partner of PolyOne,” said Robert Patterson, PolyOne Senior Vice President and Chief Financial Officer. “They provide expert counsel in the area of risk management and behave more like an employee/owner than a supplier. I sleep better at night knowing they are looking after our risk management activities and I would recommend them to anyone.”
“This honor is a reflection of the exceptional value Risk International creates for its clients,” said Davis. “As more firms evaluate areas for savings, they seek out our services and benefit tremendously from the team and expertise we have assembled.”
About Risk International
Risk International specializes in risk management consulting and outsourcing. It also provides insurance archaeology, claims mitigation and recovery services. Its independence from insurance brokers and carriers allows Risk International to deliver risk management solutions that benefit its clients without competing interests. Every year it negotiates over $9 billion of insurance coverage for mid-market and large cap companies that are seeking to improve the management of their risk and reduce associated cost. Risk International has also negotiated over $590 million in insurance claims recoveries for clients and located or reconstructed over $41 billion in historic policy limits. Founded in 1986, Risk International is headquartered in Fairlawn, Ohio, with offices in Charlotte and London. For more information go to http://www.riskinternational.com.
# # #