Total Cost of Risk Analysis

Fortify Risk’s Total Cost of Risk (TCOR) Analysis provides businesses with a comprehensive assessment of major risk-related costs, including insurance premiums, retained losses, administrative expenses, risk control investments, and indirect impacts such as business disruptions and reputational damage. By evaluating these factors, our analysis helps organizations identify the cost of risk in product lines, corporate divisions, and also for future acquisitions and merger opportunities.

Our structured approach includes categorizing and evaluating risk management expenses, analyzing historical loss data, benchmarking against industry standards, calculating the cost of employee response and mitigation time, and developing tailored strategies to reduce future financial exposure.

By regularly conducting TCOR analyses, we empower organizations to more effectively evaluate the profitability of their different departments and product or service lines. This allows them to focus on more profitable and less risky activities going forward. With measured and reduced risk, comes the confidence to expand aggressively.Fortify Risk continuously monitors and evaluates effectiveness through key metrics, such as reduced incident frequency and severity, improved operational safety, and enhanced financial stability. By proactively addressing root causes, we help organizations foster a risk-aware culture, optimize workflows, build long-term resilience against future losses, and increase employee retention and corporate profitability.