Commercial Risk Solutions

Solutions

CRS consultants partner with you to secure the lowest net cost insurance program for covering your risk. We think it's important to understand your business in depth to best develop alternatives for you and to present your company in the most positive manner to our underwriters. We also think it's just as important to minimize your time and resources so that you can concentrate on operating your business! We accomplish this by researching your industry and risk alternatives prior to meeting with you. Unlike other insurance brokers, we take the initiative to obtain underwriting data for you so that you don't waste your time or resources tracking down information.

Employment Practices Liability

The two common threads we all have in business is the need to hire and retain the most productive employees possible, and the need to manage the risk associated with having employees. Current statistics show that 3 out of 5 businesses will be sued this year by an employee! CRS provides the following services to help you mitigate this exposure:

  • Employment practices and procedures risk assessment
  • Supervisor and employee training alternatives
  • Loss Prevention Programs
  • Employment Practices Liability insurance marketing and placement
  • Employment claim advocacy

Workers' Compensation

While recent legislative changes in many states have resulted in a rate trend downward for this coverage across the country, it remains one of the largest cost items on most balance sheets. The good news is that the most controllable insurance expense is Workers' Compensation. The claims that impact Workers' Compensation costs can be minimized through aggressive loss prevention and claims management. CRS provides the following services to help minimize your Workers' Compensation costs:

  • Workers' Compensation Insurance Program Assessment— Guaranteed cost, large deductible, and excess Workers' Compensation
  • California Guaranteed Workers' Compensation cost market rate analysis— Immediate premium estimate from at least 10 California carriers
  • Workers' Compensation insurance program marketing and placement
  • Experience modification projections
  • Loss forecasting
  • Multiple state Workers' Compensation program administration
  • Claims management programs
  • Loss prevention and training programs
  • Return-to-work program development

Commercial Fleet

Commercial vehicles are a crucial element to many businesses. To keep your fleet operating profitably it is essential that you practice good hiring practices, provide ongoing driver training, and take a proactive approach to handling any incident or claim. CRS consultants utilize their underwriting and safety experience to make sure you have all the critical fleet risk management components in place to minimize your insurance costs. We provide the following services to help minimize fleet insurance costs:

  • Fleet Insurance Cost Assessment— Fully insured, large deductible, and self-insured retentions
  • Commercial fleet insurance program marketing and placement
  • Claims management programs and claims advocacy
  • Loss prevention and driver training programs
  • MVR analysis

Property and Casualty Group Insurance Programs

The Property and Casualty insurance market is very cyclical, and these cycles can penalize a business regardless of their level of risk. A very effective option for minimizing insurance costs is group risk transfer programs. These programs encompass traditional group insurance purchasing, risk retention groups, group captives, and group self-insurance. We are passionate about group solutions, and provide the following services in this area:

  • Group feasibility study— Traditional group insurance, risk retention, captives, and self-insurance
  • Franchise insurance program set up, marketing, and administration
  • Online service solutions for franchise groups
  • Excess Workers' Compensation program marketing for self-insured groups
  • Claims management programs and claims advocacy
  • Loss prevention and driver training programs

If you have a unique insurance need, want a fresh perspective on your current insurance strategy, or have a question regarding our services please contact us at info@crisksolutions.com.