Empowering you to protect your business
With all the commercial coverages out there, it can be virtually impossible to navigate the business insurance market on your own. Today’s market requires an independent, experienced risk advisor who will protect you from buying coverages you do not need and uncover exposures that you are not insuring. We believe you deserve an insurance advocate who will represent your business in the insurance market. Becoming a CIA Insurance client grants you a team of insurance professionals. We listen to your business needs and advise you of coverage that is tailored to the risk that your business faces. With CIA Insurance, you gain the tools and resources you need to take control of your insurance coverage.
Below we share some of the experiences we have brought to our clients.
Tool and Die Manufacturing Company
Upon our initial engagement, we took the owner and his management team through our Pathway Process and Risk Assessment. After doing a coverage analysis we uncovered the tools and dies insurance coverage was only at a $150,000 vs. the true value over $8 Million. If they would have had a major loss, it would have devastating and may have cost them their company of 30 years.
Again, I personally want to thank you both for opening our eyes to the values in our shops. We have NEVER had an insurance agent [let alone two] guide us thru the process as you have.
Skilled Home Health Care Company
When we first engaged in 2011 they had a high MOD (Modification Factor) for their workers compensation a 1.44 they were very frustrated with their high premiums and claims being open for a long time with no resolution. At the time they told us “there is nothing you can do for us, it is the nature of our business, we cannot accommodate and bring our employees back to work light duty.”
After taking them through our Pathway Process and identifying areas of risk, we were able to show them how much more control they have over their claims and the cost of insurance. We then developed a plan that focused on educating their entire management team on what are the drivers of workers compensation insurance premium, we established training designed specifically for them and their employees and developed a process on how to handle a claim when it happens.
Within that first year of working with us they had a claim free year and continued on year after year. They now have maintained a .66 MOD for 4 straight years. This translates in thousands of dollars in premium savings, safety of their employees and their clients which reduces the potential of not just a work comp claim but also a professional liability claim, and savings in the overall indirect cost associated with a claim from HR time to employee morale.
This is all because of you and the hard work you did and continue to do with our management team. We truly appreciate you and all you do for us!
Non-Medical Home Care Company
Our client sold her company over the summer of 2018 as a stock sale where the new purchaser inherited all the liabilities. Some of their policies were written on a claims made form which means once canceled, coverage will stop and will not trigger when a claim is reported.
We worked diligently with both our client and the new purchaser along with their attorneys to make sure they both had the proper insurance coverage and limit their liabilities. We were able to have the insurance company extend the reporting period and honor the retro dates on these policies with no additional cost. This closed a major gap for both.
Thank you so much for all your hard work and the time and effort devoted to this matter. It is appreciated more than words can say!
The Pathway Process
Through our innovative Pathway Process we build strategic insurance and risk management programs for our clients.
This Process is based on two primary objectives: Determining an organization’s strengths, weaknesses, threats, and opportunities; and using this information to create a targeted risk management and coverage solution for your business.
As mentioned above, part of our Pathway Process is creating a unique risk management strategy for your business. We kickstart this process by investigating every facet of your organization and its operations. We determine the threats that your business is subject to and then offer you tools and strategies to help you address these risks. Throughout this process, we make sure that you are aware of our findings and understand our reasoning behind every risk management tactic that we suggest. With our in-depth analysis and dedicated reporting, you can manage your company’s risk exposure with purpose and confidence.
Custom Coverage and Education
Sometimes, accidents are simply unavoidable. This is why it’s vital to have the right commercial coverages to rely on. Unfortunately, many business owners do not have the experience or the resources to efficiently navigate the insurance marketplace. We at CIA Insurance offer you the education and tools that you need to regain control over your company’s insurance. With our tailor-made insurance options and our dedication to honesty and transparency, you have the power to secure the customized coverage that your company needs.
Ready to take your business’s insurance needs into your own hands?
Then don’t hesitate to contact us at CIA Insurance. Our experienced team is ready to assist you with all your business assessment, risk management, and commercial coverage needs today.