In-House Expertise With Out-of-House Convenience
Large organizations have the luxury of hiring an experienced full time insurance and risk manager on staff to manage loss exposures; read in detail all the terms, conditions and exclusions in their corporate insurance policies; analyze contractual agreements; facilitate loss prevention programs and monitor the agent/broker. Small and medium size organizations do not have this luxury because of either budget or personnel considerations. They end up delegating these responsibilities to "non-insurance" professionals with little or no practical experience in the insurance and risk management field. Insurance Assessment Consultants (IAC) helps small and medium-size companies even the odds and gain access to large-size company resources.

By outsourcing the insurance and risk management responsibilities to IAC, you receive:

The broadest available coverage
Professional, unbiased insurance advice
A negotiator who looks after your best interest
An independent resource that works only for you and not the insurance companies
The lowest possible insurance cost
A way to close insurance policy gaps
A way to minimize the possibility of uninsured losses

A monitoring organization to watch agent/broker activities

As a result, you can obtain broader coverage with less cost and have confidence that this is not only done by an unbiased organization, but also done by one who ensures that all of your insurance needs will be analyzed - not just the ones sold by your agent/broker.

Unlike your broker, IAC is an advocate on your side
Your current agent/broker has an allegiance to a specific insurance company - not to you. They are compensated by how much insurance they sell, not on protecting your company. In fact, there is no incentive for them to lower the premium at all and you are sometimes left paying for insurance you don't need, while having gaps in coverage in other areas.

With an unbiased resource like IAC, you will obtain an independent analysis of your insurance needs and IAC will be your advocate for company insurance protection. IAC does not sell insurance - we work only as an advocate for you.

We complete several in-depth procedures to make sure your assets are adequately protected:

Analyzing your company's loss exposures and preventing gaps in coverage
Reviewing and auditing your insurance program
Preparing professional bid specifications
Sending out requests for proposals
Scrutinizing all policies for compliance
Developing and reviewing coverage checklist
Reviewing specimen policies
Preparing a bid analysis
Monitoring all correspondence
Preparing a detailed summary of your insurance coverages