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Need a quick turnaround? Book a single location review now!
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. Let Roper Valuation complete the analysis on behalf of both parties. Purchase a Hospitality Desktop BI Review TODAY! The practical result is a short, detailed and well-organized report that replaces the traditional worksheets and provides the information required for any underwriter submission. We have worked on many program renewals and recognize tight timing that often exists. We can provide a quick turnaround to meet renewal deadlines on all of our reviews! Information required: We typically require the following information in order to complete our reviews. - Policy documents including full policy wording - Copy of the last full year’s financials (audited/reviewed) - Detailed income statement for the last full year (audited versions are not detailed enough) - Forecasted Revenues (*ideally considering 24-36 months out) - Any existing ordinary payroll calculations used (we can develop this further if needed) - More information may be requested Price is per hotel or restaurant location. Not applicable to casinos, resort style or other more complex operations. 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