We were employed to initially just review the stand-alone costs our Canadian client’s subsidiary was incurring in the US. We quickly ascertained that the Workers Comp element was being placed incorrectly by the existing advisors, and immediately saved the client $100k+.
We then worked with the Parent Company‘s Canadian Broker to look at options for a cross-border policy, which saved our client a further $350,000.
We continue to work with our client to provide in-house technical support throughout the year.
Riley Risk Resources were employed to assist our Canadian client as they looked to expand into the US, as well as Mexico and the UK.
The client had already purchased US insurance just prior to our involvement and we were asked to review this for suitability and costs, as well as handle the Broker negotiations on the forthcoming renewal in Canada. We were able to restructure the US and Canadian insurance program with a replacement Broker, to provide one single cross-border policy, which saved our client over $100,000.
We continue to work with our client as they look to expand into Mexico and the UK, which will involve additional expertise and technical input.
We were employed by our client who were growing rapidly and simply didn‘t have the resource or time to continue to handle their day to day insurance administration and claims.
There had been a major non-fault accident, which needed serious input and time from our client to attempt a successful outcome, however our client simply didn’t have the time Or expertise.
In addition, their renewal was fast approaching and they were unhappy with their existing Broker. Again, the client simply didn’t have the time to source other another Insurance Broker..
An alternate, more suitable Broker was sourced by us and coverage renewed. We continue to be our client’s in-house insurance Manager and work closely with the new Broker.
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