Business Details
20 Years
experience
Emergency
services
Trusted Public Insurance Adjusters in Louisville, KY
Founded in 2006, RISCO Services was established to advocate for policyholders navigating complex insurance claims. With over 30 years of industry experience, our team specializes in public adjusting, risk management, and insurance consulting. We provide tailored solutions for residential and commercial clients, ensuring fair settlements through expertise in policy analysis, claims negotiation, and dispute resolution. Our mission is to demystify insurance processes while prioritizing client needs during stressful times. Backed by certifications including Certified Insurance Counselor (CIC) and Certified Risk Manager (CRM), we combine technical knowledge with hands-on support. From initial claim submission to final settlement, we guide clients through every step, leveraging relationships with legal and industry professionals.Our track record includes recovering millions for clients through audits, appraisals, and litigation when necessary. We operate on a contingency basis, ensuring our success aligns with client outcomes. With services spanning property loss assessment, risk mitigation strategies, and policy reviews, we serve as a trusted partner for individuals and businesses nationwide. Our commitment to transparency and client education has earned recognition from legal firms and commercial clients who rely on our expertise to maximize insurance recoveries.
Services
Public Adjusting
Risk Management
Insurance Consulting
Claims Audits
Appraisal Services
Details
- Year established: 2006
Highlights and features
- 30+ years of insurance industry expertise from former carrier-side professionals
- Certified Insurance Counselor and Certified Risk Manager on staff
- Contingency-based payment structure aligns with client success
- Proven track record recovering millions through settlements and audits
- Comprehensive support from claim initiation to litigation resolution
What people say
Increased settlement by $152,000
Impressed with work
Handled claim successfully
Invaluable asset
Thorough and professional
Services
Public Adjusting
We advocate for policyholders during insurance claims, ensuring fair settlements through expert policy analysis and negotiation. Our team handles residential and commercial property losses from initial assessment to final payment. With deep industry knowledge, we identify undervalued claims and dispute resolution pathways to maximize recoveries.
Risk Management
Our risk assessment services help businesses identify coverage gaps and implement cost-effective protection strategies. We analyze organizational operations to determine optimal risk transfer solutions through customized insurance policies. This proactive approach minimizes potential financial exposure while optimizing premium spending.
Claims Audits
We conduct comprehensive insurance policy audits to identify overpaid premiums based on revenue or categorization errors. Our process recovers mispaid funds through carrier negotiations while implementing systems to prevent future overpayments. This service particularly benefits businesses with fluctuating revenue streams.
Appraisal Services
When policyholders and insurers disagree on loss valuation, we utilize policy appraisal clauses to determine fair settlement amounts. Our experts coordinate independent assessments and negotiate with carrier-appointed appraisers to resolve valuation disputes efficiently without litigation.
Insurance Consulting
We provide expert guidance on insurance policy interpretation, coverage evaluation, and endorsement recommendations. Our consulting services help clients understand policy limitations while identifying protection gaps. This includes second opinions on existing coverage and recommendations for improved risk management strategies.
People
Richard Michelson
President and Founder
With over 30 years in insurance, Richard transitioned from carrier-side roles to advocate for policyholders after Hurricane Katrina. Certified in insurance counseling and risk management, he leverages deep industry knowledge to maximize client recoveries through negotiated settlements and litigation support.
Questions
How does RISCO differ from insurance company adjusters?
We exclusively represent policyholders, while insurance adjusters work for the carrier. Our contingency-based model ensures we only get paid when you receive fair compensation.
What services does RISCO offer?
We provide public adjusting, risk management analysis, insurance policy consulting, claims audits, and appraisal services for residential and commercial property losses.
How are RISCO's fees structured?
Our fees are percentage-based from recovered settlements. For audits, we charge a percentage of overpaid premiums recovered, ensuring our interests align with client outcomes.
What claim sizes do you handle?
While specializing in claims over $50,000, we assist with residential and commercial claims of all sizes, including multi-million dollar complex losses.
Do you operate nationwide?
Yes, we serve clients across the United States, with particular expertise in high-value claims from Florida, Kentucky, and California.
