x137 South Street, Suite 3
xBoston, MA 02111-2838
x617-451-2140 x312
xFLicata@LicataKelleher.com

We view our clients in the light of what we've been able to do for them. Clients of all sizes and industries, private companies and public entities, have enriched and protected themselves and their stakeholders through risk management. With our guidance and execution:

A pharmaceutical firm was able to build a $180 million R&D facility on land which was formerly a landfill. The risk of discovery of additional pollutants was transferred to an insurer under a program we designed and negotiated for them.

A Massachusetts state agency redesigned their workers compensation self-insurance program to provide for reporting and accountability that had previously resided only in the private sector. Before our engagement their "pay as you go" system did not have the measurement tools to tell them where they were, much less the controls to achieve a change in direction. Our recommendations had the potential to result in savings in excess of $2 million per year.

A start-up company with limited funds got their risk management strategy off the ground and solved a nagging problem without paying a consulting fee which would have broken the bank. They were concerned about liability to their customers due to possible defects in their software product, and were also concerned about a potential law suit from a minority stockholder over alleged mismanagement of the company. We jointly developed a risk management strategy to deal with these issues for a flat fee of only $3500 under our Small Company/Start-up Program.

A general contractor solved an insurance availability crisis which would have otherwise put it out of business. A series of claims arising from the acts of subcontractors had impacted the GC's own liability insurance program. A large crane accident was the last straw causing the incumbent insurer to pull the plug. Other insurers refused to step in at any price. The solution was a new policy calling for indemnification from all subs and a religious adherence to the new contract form embodying that policy. We took the newly improved risk to the marketplace and negotiated a creative form of "loss-sensitive" coverage under which the new insurer could be comfortable that our client was sharing in the loss costs, thus dedicated to the new program. Coverage was put in place and the contractor moved ahead on solid footing.