Most companies don't have a strategy in place that links insurance to their culture or employee benefits to their people strategy. This lack of strategic focus creates dependency and prevents you from taking control of your insurance destiny.
SIGNS OF DEPENDENCY
You expect to be in control of all aspects of your business. But when it comes to insurance and employee benefits, you feel like insurance companies have all the power to determine your costs for the next 12 months.
When you perform well, you expect to be rewarded for your hard work. But it doesn't always work that way with insurance and employee benefits.
For reasons ranging from "market pressures" to "5-year loss ratios", when you are dependent on insurance you're subject to whatever increase they give you.
Traditional insurance brokers have a goal of renewing your insurance, because their world revolves around a 12-month insurance policy.
But this annual renewal process doesn't do anything to help you reduce costs or make your company better.
The cost of employee benefits is going to keep rising. The strategy you put in place today will dramatically impact your costs over the next 5 years.
Unfortunately, most companies are encouraged to try short-term tactics rather than executing a multi-year strategy that can actually make an impact.
Leading companies are taking ownership of their risk and DE-RISKING their company. We work with our clients to build a multi-year strategy to inspire their people, outperform their peers, and break-free from insurance dependency.
Drive a multi-year strategy that will grow and protect your business.
DE-RISK your business and take more ownership of your risk.
We help you break-free from insurance dependency.
Put simply, insurance dependency is the result of a system that was built for the insurance companies - not for you. It is the lack of control you have over your cost of risk, how claims are handled, and everything else in between.
We work to help our clients break-free from insurance dependency by helping them de-risk their business and take back control.
We work best with mid-sized organizations that are on a mission to get better and grow. Specifically, we work with the Chief Business Builders – the individuals that have a passion for craftsmanship and building their business.
As a risk advisor, we are most successful when we have the opportunity to influence change and drive a long-term strategy with leadership teams.
Business leaders that are reactive and focus on 'low beam' activities, instead of driving towards a better long-term solution, end up frustrated with the lack of progress towards reducing insurance dependency.
Getting insurance quotes is important, but without a higher level strategy to de-risk your business you won't be able to drive down your insurance costs and reduce your dependency on insurance companies.
In order to de-risk your business, you have to consider more than just safety and risk management. And the age-old 4-step risk reduction process isn't going to cut it either.
Our approach is known as Swarming. Swarming is for the wickedest problems - deep-rooted ones that frustrate leaders and hold companies back. It's an intense, cross-disciplinary collaboration where experts share their unique perspectives and challenge the status quo.
We always strive to measure and quantify the value of our efforts. Our de-risking process includes a periodic 'Progress Report' which measures the results of our work.
Additionally, we've highlighted a few of our clients' stories here.
We are 140 people, $30 million in revenue, and $325 million in insurance and health premiums.