The risk management process seeks to reduce, eliminate or avoid the greater risks inherent in an entity’s ongoing operations. However, there are situations wherein sound risk management practices also needs to incorporate a risk transfer method. This is most practically done through the placement of an insurance product.
Our agents are trained on the most effective way to place insurance for our clients. It entails gaining a thorough understanding of a client’s operations to fully convey that risk profile to an insurance underwriter in the most favorable light possible. Underwriters are in the business of accepting risk, but they want to know that the risk they are undertaking have a reasonable expectation of performing positively for the insurance company. Matching our clients risk management practices and their insurance needs with the appropriate insurance company is the key to outstanding performance.
Types of insurance placements include the following coverages:
Inland and Ocean Marine
Excess and Umbrella Liability
Errors and Omissions
Directors and Officers
Employment Practices Liability