Property and Casualty Risk Management Solutions

Independent Professional Consulting

Because we don’t sell products, you can rest easy that our advice is centered on YOU and helping you through your next big business decision to success. Contact us today to find out how we can help.

Clients Served

Did you know that Sigma serves a broad range of both private and public sector businesses including: Energy / Oil & Gas, Environmental, Transportation, Government, Not-for-profit and Public Healthcare Systems, Public School System, Real Estate Management, Financial Institutions, Insurance Funds.

Perfect match?

Find out if your Risk Appetite and Risk Program are! Call us to find out how we can help.

Call Us At: 504-598-0111

Are you ready to go the Self-Insured Route?

Our team of insurance specialists walk with you down what may seem a daunting path as business risk and organizational culture align, planning, preparing, and positioning you for success. Call us to find out how we can help.

Call Us At: 504-598-0111

Cost of Risk

How do you calculate your organization’s Cost of Risk? Do you spread this cost across various groups? Sigma can help you calculate your Cost of Risk and design the optimal model for allocating the costs across your organization to encourage continuous risk improvement.

Property Services

Are your properties valued at a realistic replacement cost value? Are you properly insured? Have you experienced challenges getting paid what you are due as a result of a loss? Call Sigma to find out how we are helping our clients.

Call Us At: 504-598-0111

What is the Risk Management Process?

The process of managing risk should be consistent, complete and continually monitored.  Generally, the risk management process includes identifying, analyzing, controlling, financing and implementing the most cost-effective solutions that maximize opportunity for and minimize downside risk to assets of an entity.


The risk management process is designed to identify and analyze potential risk, upside and downside, that may affect an entity. Sigma utilizes fundamental techniques to manage risk and applies a risk management strategy across the organization’s units and operations, ensuring continuation of the entity’s mission and organizational strategic objectives. Sigma’s experienced professionals tailor the methodology employed to the entity’s unique culture, management strategy and risk appetite.

Risk Administration

  • Insurance Certificate Management
  • RFP & SOQ Document Development and Process Administration
  • Risk Management Manual Development
  • Claims Handling Protocol
  • Job Description Development
  • Claims Third Party Administrator Selection & Evaluation
  • Insurance Producer of Record Selection & Evaluation

Risk Analysis

  • Asset Exposure and Risk
  • FEMA Insurance Waiver Analysis
  • Commercial Building Replacement Cost Valuation
  • TPA Auditing
  • Workers’ Compensation Experience Modification (E-Mod) Rating Analysis
  • Claims Analysis and Auditing
  • RMIS/CMS Evaluation and Recommendation
  • Merger & Acquisitions
  • Insurance Archaeology

Risk Control

  • Contract and Lease Negotiation and Review
  • Litigation Management
  • Loss Control Evaluation and Recommendation
  • Safety Workplace Analysis
  • Safety Training
  • Safety Incentive Programs
  • Field Safety Audits

Risk Financing

  • Insurance Specification Development and Renewal Analysis
  • Insurance Policy Review and Recommendation
  • Total Cost of Risk Development and Analysis
  • Alternative Risk Financing Study
  • Captive Feasibility Study
  • Risk Budgeting