Personalized service means spending time with our clients and explaining the risk management process. As trusted advisors, we explain our approach to clients so they will have the necessary knowledge to make informed decisions about their coverage.
Our approach to developing comprehensive personal risk management programs begins with a complete analysis of the client’s exposures and insurance contracts. We then provide a written report with recommendations for:
- Improving existing insurance policies from a coverage standpoint
- Strategies and options for reducing the overall insurance cost
- Strategies to streamline the administrative aspects of the program
We work closely with our clients to develop an exposure profile to assess loss potential and loss control measures designed to prevent loss. We assist our clients in identifying unique exposures such as jewelry and fine arts that may require special insurance protection. BMB’s personal insurance team has access to professional appraisers for fine arts and other collectibles along with resources for videotaping and cataloging personal assets. In the event of a claim, we have access to preferred vendors who can provide emergency disaster and restoration services including smoke, odor elimination and water removal.
We have access to the leading insurance carriers that specialize in high-net-worth individuals and complex insurance needs. These firms provide clients with a replacement cost survey of their residences to document and determine their coverage needs.
One of our primary goals is to substantially simplify the administrative aspects of your insurance program. We ease the burden of program administration by developing strategies to reduce paperwork and streamline administrative tasks that are often frustrating and time-consuming. Once we have structured the insurance program for our client, we know that change is certain. Our relationship includes ongoing counsel and new product education as the insurance marketplace evolves. We continually monitor your policies and find customized solutions to your shifting needs. An annual review is included in this proactive approach, which involves a one-on-one meeting with your Client Representative to review your program.
Private Insurance Advisory Services
Leveraging the expertise of an insurance brokerage for your private insurance needs is an incredibly smart move for any individual or business. Not only do we offer a broad spectrum of insurance options, but we are also dedicated to safeguarding your best interests. We are committed to understanding your specific needs and hazards while recommending the best coverage to protect your valuable assets. Get in touch with us today for personalized, hassle-free service that gives you the protection you deserve!
