The OneDigital RiskIP Framework
Total Risk Investment & Risk Consulting
Insurance should be the least impactful part of your strategy. A policy won't always make your business or people whole again, prevent disruption, or protect your reputation and culture. OneDigital does it differently. We leverage insurance and integrated risk strategies to improve how your business performs - not just how it's covered.
Understanding Your Total Risk Investment
Most organizations only look at the insurance premium. Your true risk investment is much broader, and most of it is within your control.
Total risk investment is the full set of resources your organization commits to risk. This includes premium, retained losses, deductibles, safety and prevention spend, administrative time, contract exposure, and the business disruption you absorb when something goes wrong. Most of it never appears on a renewal proposal.
A total risk outlook moves beyond the traditional insurance review because every area of risk - people, property, products, and profits - is also a growth driver. Instead of asking only, “How can we spend less on insurance?” total risk investment introduces a more strategic question: “Are we directing resources toward the risks that protect performance and strengthens resilience?”
Through this broader lens, your organization can identify the risk levers it can directly influence. Because many are not tied to insurance placement, they often sit outside the traditional renewal conversation despite their impact on business performance.
Total Cost of Risk (TCOR) is an accounting metric that measures what risk costs an organization. It combines insurance premiums, retained losses, risk control costs, administrative expenses, and indirect loss costs, typically expressed as a percentage of revenue. By providing a historical view of spending and losses, TCOR helps organizations track changes in cost and evaluate the financial performance of their risk management program.
TCOR tells you what risk costs. Total Risk Investment (TRI) tells you what to do about it. TCOR looks backward, while TRI evaluates how dollars, controls, and contractual protections should be allocated across the risks you reduce, transfer, retain, or avoid.
TCOR establishes the baseline. TRI turns that insight into action, guiding decisions over the next one to three years and helping leaders determine which levers to pull, where to invest, and what those choices are worth to the business. TCOR is typically managed by finance and risk management. TRI is an enterprise strategy owned by the leadership team.
RiskIP is an integrated framework designed to optimize your total risk investment and improve outcomes across your insurance and risk management program. It evaluates four drivers of risk and growth: people, property, products, and profits. By examining the issues, implications, and interventions across each area, RiskIP reveals where risk can affect performance and where strategic action can support growth.
An effective risk strategy goes beyond coverage. A cyber event is not only an IT problem, just as a safety record is not only an HR problem. Your business needs more than a standard checklist. Claims should be the last line of defense because even strong coverage cannot make you whole again.
The Four Growth & Risk Drivers
People: Workforce, Safety and Workers' Compensation Risk
Build a stronger, safer, more engaged team.
Talent pressure, turnover, and thin staffing don't just strain HR, they show up in your loss runs, your experience modification factor, and your premium. We connect workforce strategy to claims outcomes, so safety, retention, and cost control stop being separate conversations.
Key Considerations:
- Has competing for skilled talent made it harder to hold your safety standards?
- Has your advisor proactively flagged the OSHA, wage-and-hour, or state requirements changing in your industry this year?
The Cost of Being Underprepared.
$32.5 Million
Median cost of a verdict in 2025.One verdict can exceed your business’ entire limit structure, with injury severity, not company size, driving jury award amounts. (source; full report)
40.7% Increase
In nuclear verdicts of $10 million+ from 2024 to 2025.Costly verdicts have been rising in number, size, and geographic scope for the past fifteen years, with research indicating that juror pools have become more pro-plaintiff and less trusting of the average American company. (source; full report)
The Power of One: Risk, Benefits, HR, and Retirement on One Team
Why OneDigital
Business Insurance
Insurance & Risk Management
Protect your business and your people with smarter risk strategies.
Protect your business and your people with smarter risk strategies. We help organizations identify vulnerabilities, manage exposures, and build resilience through proactive risk planning and insurance solutions.
Workplace Solutions
HR Consulting
Productivity and your company’s competitive edge all begin with your people.
Productivity and your company’s competitive edge all begin with your people. We partner with you to build stronger teams, modernize processes, and create a people strategy that drives lasting business results.
Workplace Benefits
Employee Benefits
Data-driven strategies that help your people thrive while optimizing business performance.
Data-driven strategies that help your people thrive while optimizing business performance. We provide solutions that support employee well-being, while giving employers the visibility and tools to manage one of their most significant business investments.
Workplace Benefits
Executive Benefits
Attract and retain key leaders with tailored executive compensation strategies.
Attract and retain key leaders with tailored executive compensation strategies. We help organizations design specialized plans that attract key executives, align incentives with business goals, and strengthen leadership retention.
Workplace Benefits
Financial Education & Guidance
Support productivity and retention through financial confidence.
Support productivity and retention through financial confidence. We help employers integrate financial education, planning, and guidance into their benefits, empowering employees to make informed decisions while strengthening engagement, focus, and business performance.
Get Clarity on Your Total Risk Investment
Risk Management Consulting FAQs
Whether you’re evaluating your total risk investment or strengthening your insurance and risk management strategy, here are answers to key questions about protecting yourself, your people, and your business.
RiskIP is OneDigital Property & Casualty's integrated framework to risk management, assessing the Issues, Implications, and Interventions across four core growth and risk drivers: People, Property, Products, and Profits. This framework produces actionable intelligence that strengthens business performance and supports smarter, more strategic risk decisions.
Commercial insurance costs are influenced by factors such as industry, claims history, payroll, property values, coverage limits, deductibles, cyber exposure, safety practices, and insurance market conditions. Businesses can help reduce commercial insurance premiums by correcting classification errors, maintaining accurate property valuations, improving workplace safety and return-to-work programs, managing claims, and giving underwriters complete risk and exposure data before renewal. Documented risk controls, strategic deductibles or retention levels, and regular insurance program reviews can strengthen the organization’s underwriting profile and help control costs without creating unnecessary coverage gaps. OneDigital advisors work with clients throughout the year to build this risk story well before commercial insurance renewal.
A good insurance broker acts as a strategic risk advisor, not simply a renewal processor. They proactively identify business risks, explain their potential financial and operational impact, and recommend commercial insurance coverage and risk management strategies aligned with your goals. If meaningful conversations happen only during insurance renewal, the relationship may be more transactional than strategic. OneDigital’s advisors integrate business insurance and risk management with employee benefits, HR, and retirement insights to provide a more complete view of organizational risk.
The key difference between an insurance broker and a risk management consultant is how they prioritize risk. A traditional insurance broker focuses on placing and renewing commercial insurance coverage, while a risk management consultant works to identify and reduce business risks before they become claims. Rather than treating an insurance policy as the entire strategy, risk management consultants use loss control, risk analytics, claims advocacy, and risk financing to reduce the likelihood and severity of losses, reserving insurance for risks the business cannot eliminate or retain. OneDigital’s approach is designed to strengthen business resilience and optimize the total cost of risk, not simply renew a policy.
RiskIP can support organizations of any size, but it is best suited for emerging middle-market businesses and large enterprises seeking a more strategic, integrated approach to business risk management.
OneDigital's Safety & Loss Control services are included as part of your insurance program, helping you go beyond coverage to actively reduce risk. Our team supports your organization through three core offerings: Risk Management & Consulting, which controls costs and optimizes insurance terms by identifying exposures before they become claims; Education & Training, which equips your team with practical tools to make smarter, faster risk decisions; and Compliance & Regulatory Guidance, which helps you navigate evolving regulations with confidence and turn compliance into a strategic safeguard rather than a reactive exercise.
OneDigital's Claims Advocacy & Management services ensure you're supported before, during, and after a claim. Our team offers Proactive Planning, which focuses on preventing claims through loss control oversight, site visits, safety training, and company-specific safety programs; Responsive Guidance, where our claims and loss control experts simplify the process and work to contain costs, settle claims fairly, and minimize long-term business impact; and Timely Claims Resolution, which includes open claims monitoring, loss-trend reporting, advanced analytics, and workers' compensation reserve evaluations, all focused on achieving fair, efficient outcomes.
Visit the OneDigital Locations page to find a risk management consulting office near you. Search for a nearby office and review its listed services to connect with a local Business Insurance & Risk Management advisor.
No. OneDigital is a fully integrated insurance, financial services, and HR consulting firm. Property and Casualty is just one part of a broader platform, so clients don't need multiple vendors to manage risk.
In addition to property and casualty insurance, OneDigital provides personal insurance, employee benefits, retirement plan consulting, wealth management, executive benefits, Medicare guidance, HR consulting, HR technology, leave management, and PEO services. Our business insurance and risk management capabilities include commercial insurance, workers’ compensation consulting, safety and loss control, claims advocacy, cyber risk, and medical professional liability. This integrated approach helps businesses address workforce, financial, and operational risks through one connected advisory relationship.