We offer three distinct areas of expertise: Commercial Insurance Placement, Claims Advocacy and Risk Management.
Commercial Insurance Placement
- Secure Competitive Options
- Access to Most Commercial Insurance Markets
- Annual Comparison of Market Quotations
- Coverage & Retention Analyses
- Contract Reviews (Hold Harmless and Indemnification)
Secure Competitive Options
Our goal is simple. To deliver tailored insurance products that are competitively priced while offering the broadest protection for your business and/or personal assets.
Access to Most Commercial Insurance Markets
Whether it be direct, via agency partner, wholesaler or captive program approach, our insurance market relationships span over several decades and for a variety of industries.
Annual Comparison of Market Quotations
As licensed professionals, it is incumbent upon us to provide our customers with a side-by-side comparison of all insurance quotations; including documentation of the markets’ collective assessment of your insurance exposures in relation to your operation.
Coverage & Retention Analyses
Do you have enough insurance coverage? Do you have the right coverage? And, how much could you save if you chose to retain more risk? All three questions can have a direct impact on insurance pricing and bottom lines. By analyzing your existing insurance coverages, current exposures and claims history, we can then recommend the best opportunities to meet your risk tolerance level and/or cost objectives.
Contract Reviews (Hold Harmless and Indemnification)
A review of these provisions is essential to the protection of your business assets. Many times, the Obligee/Promisee (within a contract for service) will seek to transfer as much risk as possible. It is incumbent these agreements are mutual in nature and specific only to the service being performed.
- Process First Reports
- Handle Claim Inquiries
- Manage/Monitor Open Claim Reserves
- Detailed Claim/Incident Analyses
- Claim Review Meetings
Process First Reports
We assist our clients at the initial point of a claim (or potential claim); as the importance of early reporting includes mobilizing your insurer’s resources on your behalf which is proven to help mitigate the overall cost of the claim.
Handle Claim Inquiries
Whether we serve as your voice directly or represent your interests through an insurance company’s automated claims portal, we strive to provide timely and transparent responses throughout the life of all claim inquiries; inclusive of keeping you abreast of any status changes in open reserves.
Manage/Monitor Open Claim Reserves
We routinely provide quarterly updates on the status of open reserves and/or claim payments. Since open claims can adversely affect the cost of insurance, the goal is to have them closed out as soon as practical.
Detailed Claim/Incident Analyses
Generated annually, these reports illustrate your company’s overall loss ratio, identify incident trends, breakdown first and third-party loss dollars and individually tally all loss dollars for each claim/incident description. Collection and illustration of this data can assist you in your safety and loss control efforts.
Claim Review Meetings
Provided on an “if needed basis”, these meetings are designed to review all claims to ensure for accurate and updated information, identify status changes on open reserves, review and discuss claim adjusters’ notes, address any concerns and strategize for the next insurance renewal.
- Program Benchmarking
- Safety & Loss Control Consultation
- Digitized Learning Management Systems (LMS)
- Conduct Safety Meetings
- Creating a Framework
A well-engineered benchmark will showcase the value that comes from a sound risk management program and detect areas where additional best practices could enhance the position of your organization and/or lower insurance costs.
Safety & Loss Control Consultation
We have access to accredited industry specialists to help enhance your company’s loss control and safety endeavors.
Digitized Learning Management Systems (LMS)
We can assist in the design of online educational and training platforms which can include safety & training of employees, human resource functions, employee recruitment, industry compliance and other organizational tasks that could benefit from upgrading to a digitized LMS platform.
Conduct Safety Meetings
We work with clients by supporting their internal safety goals. We can organize meeting structure and topics; and coordinate venues through various industry specialists in loss control and safety.
Creating a Framework
We carefully analyze our clients’ overall exposures and strive to educate and assist in the areas of risk assessment, improvement, implementation and reporting. All in the spirit of assisting our clients with reducing the overall cost associated with transferring risk.