Loss Control Services
- Company typePrivate
- Founded1996
- HeadquartersMarshfield, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
Loss Control Services firmographics
Firmographics- Name
- Loss Control Services
- Legal name
- Loss Control Services, Inc.
- Website
- https://losscontrolsource.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Loss Control Services industry classification
Industry- Product category
- Insurance Risk Management Consulting
- NAICS
- Claims Adjusting (524291), Insurance Carriers and Related Activities (524), Management Consulting Services (54161)
- SIC
- Fire, Marine & Casualty Insurance (6331), Insurance Agents, Brokers & Service (6411), Services-Management Services (8741)
- akta.pro primary industry
- Loss Control & Safety Engineering (Driver Training, Policy/Program Design, Audits) (TLABANAJ)
- akta.pro secondary industry
- Claims Advocacy & Loss Recovery Services (FSAEADAH)
Keywords
Where Loss Control Services is headquartered
LocationHeadquarters
- HQ city
- Marshfield
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Loss Control Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Loss Control Consulting Services: Professional consulting services for property and casualty insurance markets, including bundled and unbundled offerings for small, medium, and large market accounts. Services include loss control surveys, account engineering, and specialty consulting.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Loss Control Services product offering
Product offeringCore offering
Loss Control Services is a privately held consulting firm that provides property and casualty loss control, engineering, and specialty consulting services to standard and E&S specialty insurance markets. The firm delivers bundled and unbundled inspection, survey, account engineering, and risk improvement services to insurance carriers, agents, MGAs, and brokers across commercial, government, habitational, mercantile, warehousing, manufacturing, inland marine, and construction segments in the United States and Canada.
Product overview
Loss Control Services provides a unified portfolio of three interconnected loss control consulting divisions: the Loss Control Division (property and casualty services), LCS Specialty Property (specialty property and inland marine services), and Specialty Consulting (specialty field and desktop advisory services). Together they offer bundled and unbundled consultative services serving insurance carriers, agents, MGAs, and brokers across commercial, government, habitational, mercantile, warehousing, manufacturing, and construction segments.
Differentiator
Problem solved
Functional benefit
Products and services
- Loss Control Division Property and casualty loss control division helping insurance carriers, agents, MGAs, and brokers identify exposures to potential loss and provide recommendations to alleviate those exposures, with bundled and unbundled offerings for small, medium, and large markets on a national basis.
- LCS Specialty Property (Property & Inland Marine Division) Specialty consulting division providing property and inland marine loss control services to standard, HPR, and E&S specialty property insurance markets across the US and Canada, including site surveys, web-based or customer-specific inspection and engineering reports, prospect telephone surveys, account engineering, impairment handling, loss estimate evaluations, business interruption analysis, and water supply analysis.
- Specialty Consulting Field and desktop consultative services delivered in partnership with insurance clients, including prospect property and casualty telephone surveys, recommendation compliance assistance and tracking, account engineering (plan reviews, renewal account reviews), fire protection impairment handling, insurance program LC management, loss estimate evaluations (MFL, PML, NLE), business interruption analysis, water supply analysis, witness fire protection testing, ergonomic and occupational health & safety evaluations, and fleet, driver, and DOT reviews.
Companies that use Loss Control Services
Customer profileSegments7 records
Ideal customer profiles2 records
Loss Control Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Loss Control Services partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Loss Control Services competitors and assessment
Company assessmentBroad incumbents
- Bureau Veritas: Bureau Veritas is a global testing, inspection, and certification (TIC) firm with significant property and casualty assessment capabilities. Although primarily known for compliance TIC work, its risk assessment service line competes for insurance-adjacent loss control engagements.
- Marsh: Marsh, part of Marsh McLennan, is a global risk and insurance services firm that operates a large property and casualty risk consulting practice. While far larger and broader than LCS, it competes for carrier and broker loss-control mandates where in-house specialty capacity allows.
- Aon: Aon's Risk Solutions arm provides property, casualty, and specialty risk consulting for insurers and large corporate buyers. It competes with LCS at the more standardized end of the loss control market and benefits from significant global scale.
- Sentry Insurance (Loss Control Services): Sentry Insurance operates a long-standing loss control organization serving its commercial policyholders. While it is also an insurer itself, its risk engineering function is comparable to LCS's consulting model in scope and structure.
Direct peers
- Hartford Steam Boiler (HSB, part of Munich Re): HSB, a Munich Re company, offers inspection, loss control, and risk engineering services to insurers and industrial clients, including boiler and machinery specialties. It is comparable to LCS in delivering property-focused loss control engineering to carrier customers.
- Sedgwick: Sedgwick is a leading third-party administrator offering claims management, loss control, and managed care services to insurers and self-insureds. Its loss adjusting and risk services directly overlap LCS's property and casualty loss control consulting offering.
- Crawford & Company: Crawford & Company is a global claims management and loss adjusting firm serving P&C insurers. Its loss adjusting and risk engineering services compete with LCS for carrier, agent, and MGA mandates across standard and specialty property markets.
- RPS Group: RPS Group, acquired by Tetra Tech, provides insurance claims management, loss adjusting, and risk engineering services, including property and specialty consulting for carriers and brokers. It is one of the closest mid-scale competitors to LCS in specialty loss control.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Loss Control Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Loss Control Services leadership team
Management profileNumber of profiles
Profiles2 records
Loss Control Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Loss Control Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Loss Control Services
What does Loss Control Services do?
Loss Control Services is a privately held consulting firm that provides property and casualty loss control, engineering, and specialty consulting services to standard and E&S specialty insurance markets. The firm delivers bundled and unbundled inspection, survey, account engineering, and risk improvement services to insurance carriers, agents, MGAs, and brokers across commercial, government, habitational, mercantile, warehousing, manufacturing, inland marine, and construction segments in the United States and Canada.
Is Loss Control Services a public or private company?
Loss Control Services is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Loss Control Services founded?
Loss Control Services was founded in 1996. It employs 101 to 250 people.
Where is Loss Control Services based?
Loss Control Services is headquartered in Marshfield, United States, in the North America region.
How does Loss Control Services make money?
One revenue line is on record: loss Control Consulting Services.
Who are Loss Control Services's main competitors?
Broad incumbents on record are Bureau Veritas, Marsh, Aon and Sentry Insurance (Loss Control Services). Direct peers are Hartford Steam Boiler (HSB, part of Munich Re), Sedgwick, Crawford & Company and RPS Group.
Does Loss Control Services have an API?
No public API is recorded for Loss Control Services.
What industry is Loss Control Services in?
Loss Control Services's product category is Insurance Risk Management Consulting. Its primary akta.pro industry code is TLABANAJ, Loss Control & Safety Engineering (Driver Training, Policy/Program Design, Audits), with a secondary code of FSAEADAH, Claims Advocacy & Loss Recovery Services. Its NAICS code is 524291 and its SIC code is 6331.