Issue
Utilizing technical knowledge of the variables affecting the EMF to reduce the client’s Experience Modification Factor.
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Experience MOD,
MOD,
Construction
Issue
Commission based compensation can create an inherit “conflict of interest” in that agency compensation will increase commensurate with premium increases received by the insured. Also noteworthy is the fact that carriers quotes can vary greatly in terms of the commission percentage. These issues, if not addressed in a professional manner, can result in the insured questioning whether the current broker is working in the insured’s best interests.
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Construction
Issue
A servicing contractor’s (roofing company) employee while working on the client’s premises falls from an elevated work station. We work with clients to structure their contractual relationship with servicing contractors so that the financial consequences of this accident will remain with the servicing contractor’s insurance program and not affect our client.
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Construction
Issue
Work with clients to review their subcontractor agreement with respect to the insurance requirements and indemnification language, with the goal to equitably allocate risk between the client and their subcontractors.
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Construction
Issue
Review, analyze, and respond to contract insurance requirements and indemnification provisions.
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Construction
Issue
Providing clients with a customized “Contract Review Template” which identifies the various coverage aspects of the clients CGL/Auto/WC/Umbrella.
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Construction
Issue
This 1 ½ hour training session was developed to provide technical knowledge to clients in the area of the various contractual relationships the client enters into. Topics such as insurance terminology, Additional Insured endorsements and the various types of indemnification are covered. The training session concludes with case examples using actual contracts that the clients has recently entered into.
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Construction
Process
Services created to assist clients in the area of Contractual Risk Transfer:
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Topics:
FOCUS on Risk Management,
Risk Management,
R&R Insurance Services,
Construction
