Archives for September 2018
RISK ROUNDUP—Knowledge is power and American Risk Managers has an experienced and professional staff that knows the ins-and-outs of the insurance and Risk Management worlds through decades of dependable service to its many clients.
As experts in the field of Risk Management, you could say they are the “Ninjas of the Risk Management World.”
And with business risks increasing on a daily basis, you definitely need Risk Management Ninjas on YOUR side.
Here are some top reasons why:
1. Because Risk Management Ninjas Know Their Stuff
Risk Management Ninjas specialize in determining the level of exposures and dangers your company faces in its operations and assets.
They determine the types and amounts of insurance that will best fit your company’s needs and then write customized specifications, all catering to YOUR concerns (and savings).
Insurance agents, brokers and carriers ultimately work for themselves and their companies, earning a percentage of premiums, and therefore, BENEFITTING from higher premiums.
American Risk Managers is an Independent Risk Management Firm that acts as an advocate and advisor for its clients, with complete and continuous insurance and Risk Management advice and services—AND $AVINGS!
2. Because You’ll Get More Bang Out Of Your Insurance Buck!
Most of the clients of American Risk Managers experience (and enjoy) insurance premium savings of at least 25% or ONE-FOURTH of their insurance costs.
Some clients have even saved more, including several who saw premium reductions from 35% to 47%.
How can they do this? Savings like this are made possible because these Risk Management Ninjas work for YOU!
Since they are not affiliated with any insurance agent, broker or company, American Risk Managers serves only you and your best interest—helping bid out your insurance coverages, collecting the bids for you, and then providing a fair, objective and unbiased analysis of the costs and coverage.
All of this “behind-the-scenes” work allows you to make a more well-informed insurance-buying decision, resulting in better coverage and lower premiums—the most bang out of your insurance buck!
3. Because Risk Management Ninjas Speak The Language
Property and Casualty Insurance Programs are one of the most critical and costly issues of any business. Comparing costs and coverages offered by multiple companies can be like trying to compare “Apples-to-Oranges.”
But not with American Risk Managers on your side.
These Risk Management Ninjas speak the language and are known for their awesome ability to translate the jargon used in the insurance world, read the fine print—and with their excellent Ninja vision—provide you with an easy-to-understand “Apples-to-Apples” approach.
You don’t know what you don’t know about insurance and Risk Management, but these Ninjas know. And they’ve got your back!
4. Because Risk Management Ninjas Can Boost Your Bottom Line!
American Risk Managers’ Team of Ninjas found a classification error in a client’s payroll for its Workers’ Compensation Policy, which had caused this client to be over-charged more than $50,000.
Once remedied, this corrected classification resulted in annual savings of $50,000 for this client. This is not unusual. American Risk Managers always finds enough savings for its clients to more than cover its fees.
The Ninja Team begins its quest for savings with an interview and review process. Next, your company’s assets and operations are thoroughly analyzed. You are then provided with a detailed Insurance and Risk Survey.
This systematic approach reveals any dangerous and costly gaps or overlaps in insurance coverage (and costs)—providing you with not only MORE savings, but also MORE protection.
Both valuable assets you can use to boost your bottom line.
5. Because You Won’t Find A Better Safety Net
Did you know your business could be penalized at claim time if you’re “under-insured?”
One client of American Risk Managers suffered a lightning strike, resulting in a loss of $200,000 of income. Its insurance company offered a settlement of approximately $36,000, saying the client had not carried adequate (lost) Business Income limits, resulting in a type of severe Coinsurance Penalty.
“NOT SO,” said the Ninjas. During Bid Specifications, American Risk Managers had made sure this client was adequately and accurately covered for lost Business Income.
Their policy also included coverage for a forensic accountant, who was paid BY the insurance company to complete an independent review.
After the review, it was determined the client HAD been covered, resulting in a new settlement offer for more than $170,000—nearly $140,000 MORE than the original offer.
The staff of American Risk Managers knows the pitfalls of the insurance marketplace, as well as how best to evaluate the risks your company faces every day.
These Risk Management Ninjas can provide:
- Properly structured coverage;
- Property and Casualty Insurance Policy reviews;
- Assistance in setting lost Business Income limits;
- Workers’ Compensation Payroll classification checks; and
- Professional handling of the premium-saving bid process for you.
And these are ONLY A FEW of the many services offered by this Independent Risk Management Firm.
There are many other Common Types of Risk Management Issues that this well-trained Ninja Team can also take care of for your company.