A coverage audit can identify missing pieces.

  • Do you have uninsured risk? 
  • Do you have unwanted exclusions in your current policies? 
  • Do you have risks that you have chosen not to insure?

When you decide to investigate alternative risk financing for your operations, we will ask to review your current insurance policies (general liability, professional liability, employment related practices, directors & officers, and umbrella). 

But, this review is incomplete until we understand 

  • what it is you do; 
  • how you do it; and 
  • why you do it.

LET’S TALK.

CASE STUDY: JEAN MANUFACTURER
  • First, jeans are cut in a facility on the West Coast; 
  • Then, jeans are shipped to a facility on the East Coast to be “distressed”; 
  • Then, jeans are shipped back to the West Coast Facility to be stitched; 
  • Then, jeans are sent off to the retail facility. 

During our coverage audit, we helped them (a) identify incomplete coverage on the loss of income if one of the facilities were disabled and (b) modify the existing coverages so that no matter what state the jeans were in, they were valued at retail selling price.