Insurance Program Design & Monitoring

By: Corporate Protection Group  09-12-2011
Keywords: Risk Management, Insurance Program

Insurance programs have been the Achilles heel of many a CFO. Both the design and monitoring of those programs seems to have become a secondary priority to the day-to-day operation of any business. Rarely is the time taken to review an insurance program design and establish a regular monitoring process.

Our role with CPG is to provide the appropriate platform to discuss risks and business strategy and connect them to a comprehensive insurance program design that properly protects the company and helps to drive profit to the bottom line. Generally, annual policies are not adequately examined for any changes that may have occurred to the business during the year. At CPG, we have established a review process that ensures your insurance program is constantly monitored so that any changes to your business will correlate with the coverages you have been provided.

The benefit to the customer of our service and support includes an increase in accountability from both the broker and the insurer to respond to client needs. We also provide clarity around the confusing issues that sometimes accompany insurance policy documentation, and more importantly, coverage explanations and changes that are required to support the business. CPG is an extension of your risk management operation — available at a fraction of the cost — with a very high focus on the future.

Keywords: Insurance Program, Risk Management

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