With operations under financial pressure, a large energy exploration & production company found its insurance purchase elevated to a boardroom issue. Cutting costs was critical – but leaving its balance sheet vulnerable in an already fragile economic environment was not an option. The company hired Gallagher to save them premium AND improve coverage. Here’s what we achieved for them over the course of our first two years as their broker.
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Gallagher contacted a large food manufacturing client to discuss their overall risk management program. During the discussion, we learned that the company was experiencing issues with their current carrier and the management of their claims. Gallagher did a full analysis of their risk management program with special attention paid to mitigating claims.
We received an opportunity to review the insurance program of a hotel REIT when there was a shift in their management team.
Gallagher received a call from a bank CEO who was exploring brokers, as they had received several recommendations to contact Gallagher regarding the bank’s insurance program.
A member of the Gallagher Financial Services Practice contacted an independent securities broker-dealer (consisting of approximately 500 registered representatives/financial advisors) and inquired about their current E&O program.
Directions newsletter is a monthly publication of the Benefits and HR Consulting practice of Arthur J. Gallagher & Co. The November 2017 issue includes articles about IRS indexed dollar values for 2018, IRS guidance on QSEHRAs, disaster relief following California wildfires, the withdrawal of one HIPAA regulation, the delay of a DOL regulation, a retirement savings checklist, a state law update, and several important reminders.
Please join us for the third session in our new multi-part webinar series, “Navigating a Food Safety Crisis: What to Do (And What Not to Do) Before, During and After”.
This Weekly Market Update reviews the top 3 market headlines: Saudi Crackdown Sends Oil Higher; Eurozone Growth Prospects Rise; Americans Feel It’s a Better Time to Sell a Home
Our Technical Bulletin includes a high level overview of the 2017 developments that affect employer-sponsored health plans, several year-end reminders, a look at what’s ahead, action steps, and information about additional resources.
A publicly traded, multi-national manufacturer had worked with a global insurance brokerage for the past 20 years. Recent personnel changes at the broker prompted the client to interview other insurance brokers.