Most “Insurance Consultants” in this space use the term “Risk Management” in describing what they do. Under closer inspection what you find is that they are essentially commercial insurance buyers. They refer to their “broker contacts”, and speak at length about relationships with markets, carriers and brokers. For those keeping score at home all of this refers to “Risk Financing” which is what commercial insurance is, having nothing to do with Risk Management.

The better “Insurance Consultants” will pour through the coverage forms to help you the commercial insurance buyer better design the policy you are purchasing to cover more of your risk and exposure.

They also deal directly with the noisy commercial brokers and commercial marketplace so you don’t have to. Further they in better position to help negotiate stronger policy forms, terms and coverage and better pricing than you could do on your own. These assertions, if the consultant is strong are all true.

This is just a short example highlighting some of the suite of services we provide to better train, organize, and coach your organization around utilizing the science & art of risk management to lower your organization's overall cost of risk, which includes your annual spend on your insurance program.
The better “Insurance Consultants” will pour through the coverage forms to help you the commercial insurance buyer better design the policy you are purchasing to cover more of your risk and exposure.

They also deal directly with the noisy commercial brokers and commercial marketplace so you don’t have to. Further they in better position to help negotiate stronger policy forms, terms and coverage and better pricing than you could do on your own. These assertions, if the consultant is strong are all true.