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Benchmarking and data analysis deliver
right-fit insurance solutions

Benchmarking and data analysis deliver right-fit insurance solutions

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Reducing Overhead Costs
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Reducing Overhead Expenses

How Insurance Program Modifications Can Help Firms
Through the COVID-19 Crisis

How Insurance Program Modifications Can Help Firms Through the COVID-19 Crisis

With the sudden uncertainty of the current coronavirus pandemic and resulting economic slowdown, firms are aggressively moving to manage costs.

Key Takeaways: 

  • In the current environment, all overhead costs need to be reevaluated. Business and professional insurance programs are no exception.
  • Most large design firms have not been provided with insightful comparative data on the design and cost of their insurance program to identify potential inefficiencies.
  • Data from comparable firms can show that you have a fair deal, or as seen many times by Greyling, you are paying way too much.
  • Effective use of benchmark data has helped many firms save millions.
  • Long-term relationships can sometimes be surprisingly expensive as premiums drift well above market pricing.
  • Handling renewals with an aggressive timeline that allows early completion can result in savings.

Fill in your details to download the full report

Reducing Overhead Costs
SHARE:
Share on linkedin
Share on twitter
Share on facebook
Share on email

Reducing Overhead Expenses

How Insurance Program Modifications Can Help Firms
Through the COVID-19 Crisis

How Insurance Program Modifications Can Help Firms Through the COVID-19 Crisis

With the sudden uncertainty of the current coronavirus pandemic and resulting economic slowdown, firms are aggressively moving to manage costs.

Key Takeaways: 

  • In the current environment, all overhead costs need to be reevaluated. Business and professional insurance programs are no exception.
  • Most large design firms have not been provided with insightful comparative data on the design and cost of their insurance program to identify potential inefficiencies.
  • Data from comparable firms can show that you have a fair deal, or as seen many times by Greyling, you are paying way too much.
  • Effective use of benchmark data has helped many firms save millions.
  • Long-term relationships can sometimes be surprisingly expensive as premiums drift well above market pricing.
  • Handling renewals with an aggressive timeline that allows early completion can result in savings.

Fill in your details to download the full report

Reducing Overhead Expenses

How Insurance Program Modifications Can Help Firms
Through the COVID-19 Crisis

How Insurance Program Modifications Can Help Firms Through the COVID-19 Crisis

With the sudden uncertainty of the current coronavirus pandemic and resulting economic slowdown, firms are aggressively moving to manage costs.

Key Takeaways: 

  • In the current environment, all overhead costs need to be reevaluated. Business and professional insurance programs are no exception.
  • Most large design firms have not been provided with insightful comparative data on the design and cost of their insurance program to identify potential inefficiencies.
  • Data from comparable firms can show that you have a fair deal, or as seen many times by Greyling, you are paying way too much.
  • Effective use of benchmark data has helped many firms save millions.
  • Long-term relationships can sometimes be surprisingly expensive as premiums drift well above market pricing.
  • Handling renewals with an aggressive timeline that allows early completion can result in savings.

Fill in your details to download the full report

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