Our client gets a better insurance policy with $256,000 savings

Construction and Engineering

Project Information

Industry – Construction
Category – Insurance
Category Spend – $800,000
Client Savings – 32%


The Situation

Construction companies, by nature of the occupation, face massive liability risks, and, if not carefully monitored, may threaten the company’s very existence.

The company’s CEO and CFO approached Expense Reduction Analysts to conduct an insurance review for reassurance that their current risk management and risk transfer (insurance) programs are sound.

In this case, the broker was the agent of the insurers but provided very little Risk Management assistance despite the wealth of knowledge at their disposal.

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"Gaps in coverage and advocacy issues removed through ERA's unique structured review process secured savings of 32% in insurance costs."

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