Bankers Insurance re-engineered the insurance process from start to finish. We broke the mold on the flawed “Quote my coverage at renewal” cycle and instead approach the subject as if manufacturing a product. Read on to learn how our product stands out from the crowd.
Multiply Your Effort!
Manufacturers utilize levers every day. Apply force to one end and, utilizing a fulcrum, it will be multiplied at the other. They are used in various forms in production machinery, stockrooms, and even facility maintenance. Levers exist in manufacturing insurance as well. If you apply a little force in one direction, it will multiply results through greatly reduced premiums. We call these “financial levers” and every manufacturer should ask their insurance agent about them.
As part of the re-engineered insurance process, Bankers Insurance explores the financial levers available, identifies the ones desired, and helps to implement them. This way, when quoting insurance coverage, the manufacturer is already situated to shine in the eyes of the insurance companies. This is why we emphasize the old grind of “quote my insurance at renewal” is simply unprofitable. Renewal is too late! However, positive changes implemented ahead of time reap rewards. For this reason we invest significant time prior to renewal with each client in our program.
A few examples of financial levers available are:
- Written and documented safety programs
- Return to work program
- Formalized claim reporting and tracking procedures
- Driver and fleet training
- Active Motor Vehicle Record (MVR) monitoring
Bankers Insurance not only identifies desirable financial levers, but also provides tools and resources to help implement them. For example, we can provide employee manuals and safety programs that are specific to the manufacturing industry.
Thank you for your time. For more information, visit manufacturers insurance. If you have questions or would like to speak with a manufacturing insurance agent, contact us at sales@bankersinsurance.net or (800) 541-1419.
Manufacturers Insurance Quote.
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