Let's discuss how we can support you or your brokerage
Business Interruption Insurance is one of the most misunderstood policies on the market today yet it is one of the most critical coverages to get right. We consistently hear from our broker partners that BI is one of the most difficult coverages to sell, explain and to get right. We strongly believe that the ability to provide ongoing proactive, confident and technical expertise to support clients in their understanding and commitment to BI coverage will set any brokerage apart from the rest! The typical starting point at every renewal is to consider what limits are required by the insured. Beyond this should be considerations regarding how the policy will apply to each client’s individual needs including coinsurance requirements, the length of the indemnity period, additional payroll coverage, required coverage extensions and identification of operational complexities. Client operations can be complex and BI is a complicated form of coverage. Getting it right requires time, attention and expertise. The standard industry approach is to ask the client to complete a BI worksheet or to provide alternative calculations. The process is flawed and doesn’t provide the broker the opportunity to be that trusted advisor and to understand the client’s business. The process requires thoughtful operational and financial analysis. It consumes a significant amount of time on the part of the client and the broker! Let Roper Valuation complete the analysis on behalf of both parties through our Hospitality Desktop BI Reviews. Contact us to learn more about how we can support your brokerage on everything from a single location review through to an ongoing engagement across your entire book of hospitality clients! There is no cost to have an initial call! You will receive an email with a Zoom link to attend. Please contact us if you do not receive this link or if you would like to set up alternative arrangements.
To cancel or reschedule, please contact us 24 hours prior to your meeting.
121b Elma Street West, Okotoks, Alberta T1S 1J8, Canada