Property & Casualty risk profiles change almost daily, and no two are exactly alike. The legal and regulatory environments constantly evolve. Product liability, mold, asbestos, terrorism, the effect of employee concentration on Workers’ Compensation coverage, and risk appetite – these are among the Casualty insurance¬†issues that can weigh heavily on a company’s future.
Our Property & Casualty Insurance Division engages with clients in the formulation, design and execution of complex risk management programs to address these risks. Our risk evaluation process and assessments are all customized for each client’s situation. Through ongoing dialogue, we attempt to fully understand your goals, and from this viewpoint present a variety of alternatives and options that best meet your long-term objectives.
Our firm stays fully abreast of changes in the marketplace and in the legal and regulatory environment affecting our clients’ coverage. We share with our clients any insurance product news, insurance coverage news, insurance carrier news, and other timely updates. Using our marketing model, the same team that designs a risk management strategy approaches the markets on your behalf. This keeps you close to the process and helps bring about the best possible placements.
Working with clients in highly customized property & casualty programs enables us to provide solutions that require responsive and creative risk management program alternatives that can cover a spectrum of varying needs that the public sector, and private entity businesses,¬†demand. Whether the exposure is generated from unusual exposures, product liability or a volatile loss history, our goal is to understand your needs and formulate individualized solutions that help protect your organization’s bottom line.
Property & Casualty Services
- Account Management Team – Direct contact with the service team for handling of all request relating to insurance policy changes, endorsements, preparation of binders, certificates of insurance, invoices, auto insurance¬†ID cards, loss runs, and similar items.
- Claims Handling¬†– Claims servicing involves referral to insurance carrier, documenting a carrier claim number, handling questions, reviewing coverage and performing an insurance¬†coverage analysis, and communicating when needed with the insurance carrier and the insured.
- Marketing – Market all lines of Property & Casualty insurance coverages, as requested by your business, utilizing the broadest, viable spectrum of insurance marketplace and all funding options requested.
- Renewal – Request renewals for all lines of insurance coverage, review renewal policies for accuracy, negotiate with the insurance carrier(s) on behalf of your business¬†for the most competitive rates and terms, provide insurance coverage and carrier alternatives when applicable, as well as review and analyze insurance policies, endorsements and forms for accuracy, recommending changes or amendments as necessary.