How Well Does Your Insurance Stack Up?
The intended outcome is to put negative pressure on costs. It drives down costs by strengthening your position of negotiation at time of renewal. You better understand industry standards, norms and will have external benchmarks as market comparable. Regular audits help verify that coverage aligns with current operations and exposures. As businesses evolve, new risks emerge while others become obsolete. An audit ensures protection matches actual risk profile.
A secondary outcome is for us get the opportunity to demonstrate our expertise. We are not entitled and do not expect your organization to move it’s plans under our administration, but we are eager to quantify the additional services we perform.
Having established a relationship with demonstrated expertise on the sidelines will put pressure on your next renewal to be maximally competitive. Take me up on a free audit so I can show you my work.