Insurance
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White Paper
The Insurance Market Explained
Many insurance purchasers have come to believe that their organization is in control of their insurance premium pricing because multiple carriers are bidding for their insurance. However, without fully understanding the dynamics or the terms associated with the insurance market, purchasers find themselves at the mercy of it. The terms “hard market” and “soft market”, for instance, are frequently tossed around the insurance industry but often without much accuracy or consistency. Few people fully understand what characterizes a soft or a hard market, let alone what creates these conditions. In this article, we’ll sort through the insurance industry jargon, explain the insurance market cycle, and examine some indicators of coming market changes
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White Paper
NCCI Experience Modifier Explained
For the vast majority of employers in the United States, the premium they pay for workers’ compensation insurance is primarily determined by something called the NCCI (National Council on Compensation Insurance) Workers’ Compensation Experience Modifier. This number is meant to be a “predictive indicator of future losses.”
Learn more about this important component of your risk management plan by downloading our whitepaper.
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White Paper
Redefining Risk, Insurance and Cost
By redefining risk, cost and the tools used to address risk, you will open the door to significant improvement to your business and its bottom line. An effective plan of attack on your organization’s risk should not only include a comprehensive insurance program but it should also include proactive insight and solutions that holistically address your company's risk. Utilize the information in this white paper to gain knowledge and control of your organization's risks and make significant improvements to your profitability.
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White Paper
Dangers of Quoting
Getting lots of insurance quotes is a no-cost way to save money on premiums….or is it?
The practice of “quoting” without conducting a thorough risk assessment can be highly flawed and dangerous for your business. This white paper illuminates some of the dangers and provides some case studies for your reference as well as the groundwork for an alternative method of reducing cost.
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White Paper
831(b) Captive White Paper
Are you faced with increasing tax liabilities, complex estate planning needs and catastrophic business risk? If so, you might consider an 831 (b) captive as a solution to these problems. Click the link below to learn how successful business owners utilize this alternative form of risk financing to protect, leverage and maximize opportunity.
