Who We Are &
Colton Risk Management Consulting, LLC is an Insurance Consulting and Outsourced Risk Management firm. We specialize in providing advice, functional Risk Management and Claims Management services.
We offer your business the same creative thinking and high-level strategy development that we have provided to some of America’s largest and most profitable private equity firms. We have solved insurance and risk management challenges for hundreds of businesses in industries ranging from airlines and restaurants to supermarkets and real estate development.
We are also specialists in aggregating companies and assets to obtain the benefits of bulk purchasing, resulting in better pricing, improved terms and conditions and enhanced program design.
Working in partnership with our clients, we utilize our experience and understanding of the risk and insurance functions to formulate and execute strategies that will effectively address your needs and provide protection against loss to your Balance Sheet.
Our Scope of Services are tailored to the needs of each individual client. These services fall into the following general categories:
- Risk Management Administration and Consultancy Services
- Outsourced Risk Management services
- Claims Management
- Mergers and Acquisitions Due Diligence and Advisory Services
- Program Design
Richard Colton is co-founder of the Private Equity Practice in Retail Insurance Brokerage. In that capacity, he built the framework for the products and deliverables to the Private Equity community. He played an instrumental part in the Private Equity Community performing insurance due diligence on acquisitions and divestitures.
Aside from building the process and functionality of how this product could be used, Rich is responsible for many products for the industry. The best known are the Discounted Guaranteed Cost Casualty Product, The D&O towers, the current format of the Loss Portfolio Transfers, ”The Way“ claims process for Private Equity Portfolios and Portfolio Aggregation products.
Rich has built and run several Private Equity practices in the Retail Brokerage Community. His expertise focuses on
- Problem solving on Individual Deals
- Primary Casualty and Claims Management
- Background and Process Development.
He has worked in the aggregation space on the Retail and Wholesale brokerage space building large books of business in both spaces. In the wholesale space, Rich is an industry leader who has taught interdisciplinary thinking and application. Many of the practitioners in the M&A space both domestically and internationally have been taught by Rich.