 Insurance costs are a major portion of overhead for most businesses.
Each industry has its own unique set of exposures that they must
protect from loss. We provide our clients with a comprehensive
review of their exposures and make recommendations regarding what
coverages are needed, what limits and deductible levels are
appropriate and what exposures may be best controlled in ways other
than insurance. This process is the Risk Management function that we
provide our clients. We don't just price policies. We educate and
then advise our clients. For us to be successful we work to become a
partner in your business, a trusted and respected part of the team.
At Phillips Insurance we provide the following services:
- Risk
Management Review
- Loss control
Analysis
- Claim handling
overview
- Flexible
financing options
- Alternative
risk transfer options
CONSTRUCTION
(see surety section)
Contractors face a wide array of exposures each time they set foot
on a new project. Whether you are a general contractor, heavy
highway or subcontractor, you have unique exposures. We deal with a
number of insurance companies that specialize in the construction
industry. We are able to provide exceptionally broad property and
liability coverages. We can assist you in choosing the best loss
sensitive plan for your workers' compensation program. We will
thoroughly explain all coverage enhancements and exclusions so that
you are not caught in a uninsured situation. We have an experienced
staff that is used to handling the paper flow associated with
contractor accounts.
Some of the services provided include:
- Assistance on
workers' compensation audits
- Environmental
coverage
- Builders' risk
coverage
- Program for
general contractors to control their subcontractors exposure
- Clarification
of workers' compensation options
TECHNOLOGY
We have the expertise and the carriers to handle the complex
exposures that exist in the world of manufacturing equipment,
components, the development of software, and computerized
instruments. We have customized package policies that cover
everything from liability to errors and omissions. Our carriers
offer in-depth loss control services that will help you identify
your exposures and control them, which will result in lower
insurance costs.
Some of the services provided include:
- Worldwide
coverage
- Workplace
safety programs
- Research &
development coverage
- Product recall
protection
MANUFACTURING
Whether you manufacture masonry blocks or windows, we can provide
you broad coverage options on your plant and equipment as well as
business interruption and business income options. Phillips
Insurance has a number of aggressive workers' compensation programs
available and all our carriers offer excellent and productive loss
control services.
Some of the services provided include:
-
Recommendations on written safety programs
- Aggressive
dividend plans or workers' compensation
- Claims
handling guidelines
FOOD
PROCESSING
A custom program for the unique exposures faced in the food
processing business. Whether you manufacture pasta or distribute
fruit, this is the program for your business.
Some of the specialized coverages include:
- Peak season
inventory coverage
- Market
price/Selling price valuation of your product at time of loss
- Change in
temperature/humidity
|
