Industry: Manufacturing & Engineering Exposure: $18,000,000 Coverage Benefit: On top of significant over pricing of insurance program the insured was able to insure property in a flood zone that was previously uninsured while fixing multiple other significant gaps in coverage. Savings: $39,243 or 36% Insurance Problem The engineering and Continue Reading …
A Better Blueprint for an Architecture Firm’s Risk Management Program
By on October 4, 2010
Industry: Architects and Engineers Exposure: $2 million Coverage Benefit: Consolidated coverage carrier and broadened terms of professional liability and package policy while dropping deductible from $75,000 to $15,000 Savings: $8,000 or 45% Insurance Problem An architecture firm had professional and general liability coverage with Continue Reading …
An Attentive Agent Makes All the Difference
By on September 27, 2010
Industry: Manufacturing Exposure: $20 million Coverage Benefit: Fixed Business Income Limit and Added $2,000,000 in Property Coverage Savings: $15,000 A manufacturer had properties in two states. When they brought their current agent's policies to Swingle Collins & Associates for a review, it was discovered that their buildings Continue Reading …
Rebuilding a Risk Management Culture
By on June 23, 2010
Industry: Contract Life-Sciences Manufacturer Exposure: $50 million Coverage Benefit: Health and Safety Risk Management Consulting Savings: $100,000 Insurance Problem Prior to its relationship with Swingle Collins & Associates, the insured had multiple carriers with five different expiration dates and only one named insured listed Continue Reading …
Matching your Growing Needs
By on June 23, 2010
Industry: Box Corrugator Exposure: $15 million Coverage Benefit: Corrected Limits and Added Employment Practices Coverage Savings: 30% Insurance Problem A North Texas box company had grown significantly over ten years in both revenue and employee size but had not made any material changes to their property and casualty insurance to account for Continue Reading …
If I Had a Fire, I Would Have Gone Out of Business
By on June 23, 2010
Industry: Hardware Manufacturer Exposure: $11 million Coverage Benefit: $3.5 million in Additional Coverage Savings: 18% Insurance Problem Thirty years ago, two brothers formed a hardware manufacturer to fill a growing gap in the industry. They had made a lot of changes over the years including moving all of their manufacturing to Continue Reading …
Why Should I Change if I Like my Agent?
By on June 23, 2010
Industry: Steel Fabrication Exposure: $10 million Coverage Benefit: Over $2 million in Additional Coverage Savings: $50,000 Insurance Problem The company’s management was hesitant to go through the review process because the owner had known his agent for 26 years and was comfortable with their relationship. The owner thought their Continue Reading …
Outgrowing Your Current Agent
By on March 12, 2010
Industry: Light Manufacturing Exposure: $12 million Coverage Benefit: Over $1 million in Additional Coverage Savings: $40,000 Insurance Problem In the past 10 years, this manufacturer had gone from a fledgling to a flourishing manufacturing company with 65 employees and $12 million in revenue. The management of the company was happy Continue Reading …