Premier Risk Management is a fee based risk management & insurance consulting firm that focuses on providing comprehensive insurance and risk management advice to middle market firms throughout the US and internationally. Focusing our expertise in the areas of commercial insurance and employee benefits.
We bring to the table technical skills that enhance the risk management process, proper competition, independence and uncomplicated advice. Our principals are guided and proven by the multitude of everyday practical business experiences spanning from every type of market scenario.
Equipped with a combination of current market understanding and deep industry knowledge, we bring a hands-on approach, knowing that careful attention to your unique operations is the key to successful risk management which results in value creation.
Advocacy is what we do for a living. It is not a side line to supplement other primary sources of income.
We believe so strongly in the value of our service that we guarantee our work.
WHY HIRE AN ADVOCATE?
Premier Risk Management provides Independent Insurance Cost Comparisons by vetting out the buying process to derive the best price while ensuring that coverage and service are not sacrificed.
Our services have consistently helped client companies to achieve insurance premium savings averaging 33%.
We do not sell insurance. 100% of our obligation, fidelity and loyalty go to our clients allowing us to be completely objective and unbiased in the advice we provide.
Our passion and mission is to give clients the best advice and counsel on how to protect their business assets from risk at the least possible cost. We do so by developing creative and well-thought-out insurance and risk management strategies and solutions. Our many years’ experience provides efficiency in evaluation of contracts and insurance audits. We have insight on carrier positioning and are able to quickly assess bids during renewal negotiations. We are your advocate for insurance matters. Make us prove it. No risk or obligation. Ask us to review your policies today.
All of these engagements resulted in significant hard dollar premium and insurance related cost reductions ranging from 10 percent to 84 percent. In addition, all of these clients had major coverage shortfalls and deficiencies which were ultimately corrected resulting in better protection for the organization.
As a consequence of our involvement, the responsible party (CEO, CFO, Controller etc.) at the organization for the insurance oversight saved a significant amount of time by our management of the process as well as organizing documentation for future reference and use.
FREQUENTLY ASKED QUESTIONS
The biggest difference is that Premier Risk Management does not sell or place any insurance products. Therefore, the advice, recommendations and solutions we present to clients are completely objective with no conflict of interest. Organizations turn to an agent/broker to purchase insurance products. Organizations turn to Premier Risk to obtain unbiased, independent, thorough determination of their insurance needs. An insurance agent/broker is paid by the insurance company for the products that they sell, often in the form of commissions and/or over-rides. Premier Risk is paid directly by the client.
Our company engaged Premier Risk Management to assist us in determining if our overall broker relationship and lines of coverage were adequate for our business. They were referred to us by a top executive of a brokerage firm in Omaha. Premier assisted us with our renewal process which had to be publicly bid. They were able to advise us from a different perspective than our broker that we had always relied on in the past.
While on retainer, we had a major flood event. James King with Premier Risk was available every step of the way. He assisted us in navigating the submission of our claims to our carriers, the City of Omaha insurance carriers as well as FEMA. He was able to obtain reimbursement for expenses that we were doubtful would be covered. He was also very knowledgeable of the FEMA claims process. James prepared an appeal to FEMA for items that were initially denied and it was successful. With Premier’s valuable assistance, we were able to receive full reimbursement for all damages.
We continue to rely on Premier for day-to-day insurance issues. They are always very responsive and their assistance is valued.
Lea D. French, CPA – Metropolitan Entertainment & Convention Authority