Risk and Reward Models

Many suppliers have now experienced approaches by Insurers to enter into “Risk and Reward” models. However, the overwhelming feedback from suppliers is that the proposed “Risk and Reward” models are, in reality, just “Risk” models.

That is to say, there is no “Reward” to strive for, other than they won’t be exposed to a “Risk”. This essentially amounts to merely another iteration of penalty payments.

As an innovator in “Risk and Reward” models, Shorten Management Consulting Limited can design and build you a true “Risk and Reward” model which will:

  • Expose the Insurer to only insignificant financial outlay,
  • Drives the right behaviours in suppliers,
  • Fosters a much more harmonious and creative working relationship between Insurer and supplier

 

Find out how we can assist you with Risk and Reward Models by getting in touch with us here>

 

 


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