For years, insurance brokers have been telling you the best way to reduce your costs is through policy changes, deductible options, or new funding mechanisms.
None of these “solutions” gets to the heart of cost control.
They’re all VARIABLES in the cost of the commodity that the marketplace typically determines. When you go this route, you’re chasing the wrong bogey.
Instead, let’s focus on the cost structure that you CAN control. Specifically, it’s time to focus on the Financial Leakage that stems from claims events. These costs are usually a 30% to 60% additional load ABOVE your insurance premiums*.
What can you do to stop your Financial Leakage?
- Measure the areas where it’s occurring inside your cost structure. You need to know where the problem areas are.
- Determine how this Financial Leakage is eroding your profits, margins, EBITDA, and budget surplus (non-profits), so you can budget accurately.
- Work with a broker who understands how to recapture these costs using specialty resources designed to improve your business performance.
As an Analytic Broker™, we’re uniquely qualified to help you achieve these steps. We’ll measure the impact of these exorbitant costs on your financial statement and build a strategy to help you reduce them over time. The end result?
- Improved profits
- Improved EBITDA
- Accurate Budgeting
Let’s get started...
Contact us today for a complimentary Financial Leakage Report™!where we’ll assess your current Financial Leakage and make some recommendations to improve your numbers. We offer the report as part of our complementary consultation, so you have nothing to lose.