Our services and procedures include identifying risk exposures and providing you with an analysis of both insurance and loss mitigation solutions that will better protect you.
Insurance Marketing & Placement
• Review COPE underwriting of all elements of your property.
• Review, analyze and present info on all significant property losses.
• Discuss account with all viable underwriters for commitments of consideration.
• Deliver complete submissions to all committed underwriters.
• Provide matrix comparison of all quotes showing coverage, terms and
conditions.
• Provide our recommendation
Documentation and Policy & Endorsement Review
• Written documentation of all quotes, agreements and
negotiations completed with underwriters are kept in an organized fashion for reference
and disclosure.
• Review of policy coverage, terms and conditions for accuracy to coverage
quoted and bound.
• Requests for corrections and follow-up until all endorsements are received
and approved.
• Changes to the policy during the year are sent to the insurance company
same day. Expectation for endorsement receipt is 30 days. Follow-up is continued
until an accurate endorsement is received.
Contractual Concerns
• Review of Condo Association Declarations and Bylaws
for of association and unit owner responsibilities
• Review of lease agreements, easements and service/contractor agreements
for clarity of language of the insurance requirements.
• Fulfill role as advocate in negotiations to achieve the most favorable mix of risk
transfer and insurance requirements.
• Assessment of insurance market restraints relative to insurance requirements
(i.e. building ordinance, certified and non-certified terrorism).
Certificate of Insurance Concerns
• Same day certificate issuance service.
• Automatic issuance of certificates at renewal.
• Flexibility of distribution of certificates per instructions specific
to each need.
• Review of certificates of insurance provided by lessors, service providers
and contractors as needed.
Communication Concerns
• Semi-annual review of the insurance account activity and
losses more frequently based on activity.
• We are available to our clients during normal business hours. We will
accommodate off-hour needs with the use of pagers, cell phones and prearrangements.
• We will provide analysis of insurance market changes that will affect
pricing and availability on an ongoing basis. We will provide you with our renewal
recommendations based on our expectations of the coming year in advance.