About Fred Travis
Fred Travis has over thirty years of Risk Management and Corporate Finance experience for global industry leaders. He began his career as a Cost Analyst at Ford Motor Company, before becoming the Director of Corporate Safety & Risk Management at Anheuser-Busch Companies. In this position, Fred:
- Directed the company's worldwide property, casualty, life and disability and self-insurance programs, including the selection of brokers, underwriters, and consultants, and the negotiation of coverage and premiums.
- Oversaw corporate safety and loss control functions, including OSHA compliance audits, accident investigation programs, claims management, and safety training and awareness.
- Managed Sarbanes-Oxley Section 404 compliance projects for Risk Management and Human Resources departments.
- Supervised a corporate staff of 20 and had dotted-line responsibility for 30 subsidiary safety professionals.
From 1992 to 2005, Fred's improved risk management programs resulted in:
- Reduced annual insurance expenses by nearly $20 million, while increasing limits and improving coverage terms and conditions
- Reduced accidents and claims by more than 75% and cut Worker's Compensation costs by 50% - resulting in 10-year cumulative savings of over $200 million
- Reduced liability costs by more than $150 million
- After 25 years with the brewing giant, Fred established his own firm, Risk Management Consulting. Today, he puts his considerable experience to work for public, private and non-profit clients. Recent project highlights include:
- Comparing property and liability coverages for a multi-billion dollar merger of steel companies, resulting in reduced premiums and superior policy terms and conditions for the combined entity.
- Developing windstorm risk models and alternative financing plans for a major university.
- Creating a Risk Management department plan for a large engineering and consulting company.
- Providing risk management services to several regional supermarket and restaurant chains, resulting in insurance and loss-cost savings of nearly $1 million.
- Providing risk assessments of insurance policies and construction contracts for a large private contractor.
Contact Fred Travis today to learn more about his risk management and insurance services, or to schedule a consultation.