Don't wait until Labor Day to begin reviewing your risk financing program. Get ahead of the game by assessing the Total Costs of your current and future risks. Also, don't...
This is a busy time of year for you. Aside from year-end tasks and holiday events, many of you are also managing your insurance renewals. In the past, it was good enough to ask...
For years, insurance brokers have been telling you the best way to reduce your costs is through policy changes, coverage comparisons, deductible options or even proram risk...
Your continued success in business demands that you continuously monitor your EBITDA. You already know this and have edvised many different strategies to improve your results...
Whether you call it CAPEX (Capital Expenditures), your budget for equipment purchases, or funding for your business improvements, it's basically the same thing. You scour...
If you are like most closely-held or private corporations, your most valuable asset is your shareholder/ownership valuation. This multiple of your EBITDA is what investors...
If you are like most buyers of risk financing and insurance services, it is difficult to tell when you should consider a change. You are being called regularly and told that you should consider...
Your Key Performance Indicators (KPI's) are the lifeblood of your management process. If you are like most entities, you have KPI's and analytics on many different aspects of...
As a non-profi (or not-for-profit) organization, you know the importance of responsible financial stewardship. Your budgetary surplus (if any) is dependent upon you making choices...
For decades, Buyers of Insurance and brokerage services have used various techniques to choose their Broker. The three main processes are as follows: 1. The Market Selection Process...
Right now you are probably planning for 2019. You use metrics, benchmarks, and KPI's for strategizing and measuring your outcomes. As the year unfolds, they are your lifeblood...
The way you operate your business has changed rapidly. You are now measuring many different results. You have Key Performance Indicators (KPI's) that flow from many directions into...
As a buyer of risk management and risk financing services, you are being inundated with brokers who all claim to provide specialized services. In fact, most of them have gone to the...
Have you ever considered your insurance program or risk management expenses as a Return on Investment? No? You're not alone. Simply put, traditional insurance brokerages do not...
Fact: Loss costs of accidents and liability claims erode your productivity goals. Here's the truth: For every $100 you incur in losses, you suffer an additional $100 to $125 in lost...
To improve your financial results, you've implemented strategies to recpature wasted captial. But, you may have missed one of the most important factors leadign to controllable...
The largest expense inside your risk management and financing program is the Financial Leakage that exists inside your business. These indirect loss costs rob your business of productivity...
Unchecked financial leakage (or Enterprise Cost of Claims) is your largest uncovered risk. While most insurance brokers won't (or can't) address it, our firm is uniquely qualified...
Your organization is likely hemorrhaging a tremendous amount of capital inside of your healtcare costs. Most organizations have financial leakage that adds an additional 40% to...
Manay organizations are not aware of their true cost savings potential, because insurance providers only focus on a single aspect of their Total Cost of Risk: the cost of insurance...
As a buyer of risk financing and risk control services, you should know this: Fee-based broker compensation is the only fair way to remunerate your broker. Notice I said fair...
One of the quickest ways to improve your margins is staring you in the face. It goes unnoticed by many, and yet it's one of the simplest to execute as you recapture costs and boost...
There are only three ways that a successful organization reduces its risk financing and risk management program costs. Our firm is extremely focused on each. To represent you correctly...
For decades, Buyers of Insurance and brokerage services have used various techniques to choose their Broker. The three main processes are as follows: 1. Market Selection Process. This...
For years, insurance brokers have talked about "Value-Added Services." Most of the time, they speak in theoretical jargon without providing tangible results. Most brokers...
Analytic Brokers are among the top performing insurance brokerages in North America, certified by our client performance record using the Analytic Brokerage Platform. We understand true...
As we have stressed in other posts and messages, we caution Buyers that they should not focus on market selection and carrier representation, as virtually all Brokers now represent...
If you are like most organizations, your largest source of unchecked profit drain lies right before your eyes. It's eroding your efficiencies, capital, productivity and...
If you are like most businesses, you are now working on your financial planning for next year. Of course, a huge part of that is yuor budget for financial expenses that will drive...
Contact a Bowermaster and Associates representative today and we will connect you with one of our insurance brokers.
888.825.4322
