We cannot eliminate losses, but with practical
risk assessment and loss control techniques we
can anticipate, prepare, and develop
contingencies to minimize their effects on
business
Follow the block diagrams across to see the
potential effects of various types of losses.
Click on the losses to see prevention
strategies that clients use to minimize
the negative effects
risk assessment and loss control techniques we
can anticipate, prepare, and develop
contingencies to minimize their effects on
business
Follow the block diagrams across to see the
potential effects of various types of losses.
Click on the losses to see prevention
strategies that clients use to minimize
the negative effects
| MOL exposure WSIB premiums, high priority engineering mods, low morale, employee turnover |
| Cost for accident invest, equipment mods, retraining, WSIB admin, MOL charges & fines |
| Lost/damaged equipment, facility & inventory, time/cost for reporting |
| Lost production inventory & customer orders |
| Cleanup costs MOE penalties MOE charges legal fees |
| Increased cost of goods & lost customer orders |
| for investigation, MOL mediation, Lost time/cost for investigation, MOL mediation, production downtime |
| Lost production, low morale, employee turnover |
| Loss |
| Immediate Costs |
| Secondary Costs |
| What is the Cost of your Business Losses? |
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| Copyright 2019 Prevention and Regulatory Solutions Ltd. |
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