PT - JOURNAL ARTICLE AU - Michael D. Paulsen TI - Lifting the State of Siege AID - 10.3905/jpe.2006.628330 DP - 2006 Feb 28 TA - The Journal of Private Equity PG - 63--67 VI - 9 IP - 2 4099 - https://pm-research.com/content/9/2/63.short 4100 - https://pm-research.com/content/9/2/63.full AB - Today's property/casualty insurance (including workers compensation) and employee benefits environment would seem to present turnaround professionals with a bleak forecast of tight capacity, risk-averse carriers, and mounting costs. But the fact is that for most businesses in most sectors—especially those poised for a turnaround—these can be two of the most controllable and reducible elements in your total cost of risk. How can you capitalize on decisive cost-saving opportunities? This article takes us beyond the traditional shop-and-bid process to a cost-controlling methodology known as managed risk.TOPICS: Private equity, risk management, analysis of individual factors/risk premia