Success Stories
Case Studies
These success stories are a testament to how the Insurica Insurance Management Network can serve the insurance management needs of a diverse spectrum of industries and client needs.
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Multi-Year Policy Term Provides Better Coverage Benefits
Environmental
Our client, a large subcontracting operation, had specific requirements for pollution coverage in relation to a project that would occur two years from the date of signing. The insured, however, had concerns about paying insurance premiums for a number of years without the benefit of coverage.
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Vehicle Transportation Plan and Driver Recruitment Policy Provide Church Peace of Mind
Ministries
Our client, the pastor of a rural church, was concerned about church members using personal vehicles to transport children and students to church-related activities. He worried that if an accident were to occur, the church might be held liable for any damages incurred.
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Fast-Acting Plan Leads to Big Savings
Construction & Loss Control
A large general contractor had been experiencing growing pains such as rising workers compensation claims, increasing insurance premiums and declining employee morale. Their biggest concern, however, was their experience modifier, which, for the first time in years, had exceeded 1.00, making them ineligible to bid on large, desirable projects.
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Construction
A very specialized subcontractor was approached by a nationally recognized general contractor to bid on a large Contractor Controlled Insurance Project (CCIP) in California. In order to determine the feasibility and appropriate bid pricing of the project, a thorough analysis of the 400-page CCIP contract would be needed. Unfortunately, our client’s small internal legal department was not equipped for such a task, thus making the client unsure of their ability to place a bid.
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Growing Contractor Gains Better Understanding of Surety Process
Construction
As a growing contractor, our client was experiencing difficulty in the procurement of bonds required for government jobs. With a minimal understanding of how surety is underwritten, the contractor’s average job size began to plateau well beneath what his knowledge and abilities would have allowed.
