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Fourth Quarter 2017 Real Estate and Hospitality Market Update

2017 has thus far been a $125BB (and counting) year of property disasters ranging from the floods of Biblical proportion with Harvey to the devastation of Irma and the categorical wipe out of Puerto Rico inflicted by Maria. These events aka “HIM” are roughly estimated in excess of the $125bb of insured losses and don’t take into account the $3.3bb of wild fire losses in Northern California.

Tag(s): Real Estate & Hospitatility; Real Estate; Hospitatlity;

Client Improves Claims and Loss Control Services with CORE360

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.

Tag(s): Food & Agribusiness;

A Change in Brokers Can Mean Over $500,000 in Savings

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.

Tag(s): Energy; CORE360;