| Powter Insurance Case Studies |
| |
Challenge-
Employees with after-hours injuries needed to
reach the insurer in order to obtain immediate
treatment. |
Action-
Because a live Powter representative is available
24/7 live, injured employees can page our office
and have an answer within five minutes. |
Results-
Our instant response has lowered claims; thus,
the insured’s total premium is lower. |
| |
| Technology Services
Company |
| |
Challenge-
Problem was high insurance requirements but
had to fit within their startup budget constraints.
|
Action-
We created a customized insurance portfolio
to manage specific risks such as professional
liability to cover their exposure, then financed
the premium through our own internal finance
company. |
Results-
We reduced finance costs by 55%. As a result
of being able to be more competitive, the company
is winning larger contracts. |
| |
| National Wine Distributor |
| |
Challenge-
The company needed to be able to bind coverage
for its franchisees within 24 hours. Because
the franchisees are all over the country, they
needed a provider who understands the different
states requirements and who can coordinate the
appropriate coverage.
Action
We centralized an insurance solution that coordinated
the franchisees' requirements in order to bind
the insurance within the specified time frame.
|
Action-
Coordinated the insurance requirements and we
able to bind the accounts within the time requirements,
consolidated and centralized a insurance solution |
Results-
Management's time and the risks associated with
multiple state ownership have been dramatically
reduced. |
| |
| Construction Company |
| |
Challenge-
After hours employee injury |
Action-
Took advantage of our 24/7/365 live operator
answer service, they paged our office and we
were back to the insured within 5 minutes. |
Results-
Powter Insurance’s instant response has
lowered the claims and the insured’s total
premium. |
