We believe some brokers neglect to recognize the value of customers who do not meet a certain revenue threshold. PLRisk Select services these accounts faster and more efficiently.
Get the complete guide to Select services.
See why PLRisk Select is your ideal partner for smaller revenue clients.
Select is a dedicated team designed to process, service, and facilitate insurance placements for insureds with premiums generally under $10,000.
PLRisk Select was developed to streamline service on these accounts as well as to assist our retail partners with those same accounts that can be difficult to place.
PLRisk Select’s experienced team brings deep product and market knowledge to each individual account.
Businesses We Serve
- 1. Lawyers
- 2. Accountants
- 3. Physicians
- 4. Insurance Agencies
- 5. Manufacturers
- 6. Processors
- 7. Wholesalers
- 8. Property Management
- 9. Real Estate
- 10. Education
- 11. Healthcare
- 12. Construction
- 13. Architects
- 14. Hospitality
- 15. And more…
Connect with an expert to discuss your smaller revenue client’s insurance needs.
PLRisk Select was thoughtfully established for smaller clients, to provide a streamlined process and maintain superior customer service and product delivery.
Unlocking Comprehensive Coverage for Evolving Businesses
Increased Services at renewal.
During the renewal process, our client expanded their property managements services to include the following:
- Construction management
- Coordinating architects, engineers, and contractors
- Overseeing third-party services (financing, insurance, asset management)
To adapt to these changes, we turned to one of our carrier partners that could solve for the additional services at renewal. Initially, a specific exclusion related to insurance activities existed, but we negotiated its removal emphasizing how our client’s expanded business warranted a new insurance approach. We presented these revamped terms to the agent at an affordable premium of $10,000 for $1 million in limits.
Given our thorough understanding of the marketplace we knew this carrier’s product offering aligned with our client’s evolving needs.
When your company partners with Select, you can expect our team to offer these tailored insurance solutions for your clients.
Coverage Solution after a Loss
Significant Security Breach
qua,,Recently, one of our clients faced a severe loss due to a cunning security breach. A malicious hacker infiltrated their network, gaining unauthorized access to emails and even created a fraudulent payment account. Shockingly, their existing cyber insurance provider left them vulnerable and refused to cover the loss. This is where our expertise shines; we partnered closely with the client’s agent to assess their network security measures, uncovering critical gaps. Our carrier’s security scan revealed vulnerabilities that, if ignored, could lead to even greater risks.
With a proactive approach, we didn’t stop at identification and made recommendations to the client. With this trusted advice, the customer took swift action, implementing additional security controls to bolster their defenses. Together with our carrier, we ensured the perfect safeguards were in place and we secured a competitive insurance option that closely matched their existing premium.
With Select, you enjoy peace of mind knowing that all your clients, regardless of size, will receive the same quality of service across the board.
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