Why your company needs a trustworthy insurance broker

54624094 - commercial airplane flying above clouds in dramatic sunset lightAcross the U.S., employers routinely search for an insurance broker with the best health insurance benefits and risk assessments. Sorting through each insurance broker is a major challenge, which is one of the reasons businesses fail to get the best deal or service available.

Our background as an insurance broker tells us that it’s possible to do better—a lot better. As a data-driven risk management company, we are committed to providing our customers with more comprehensive analysis than any other provider in the marketplace.

The search for an insurance broker doesn’t have to be painful. Our company is especially proud of the fact that while the national average cost for annual health care per employee rises at about 8.7 percent each year, our rates are substantially lower in the 4.7 percent range. This helps businesses ensure they are sustainable for the long run.

Top questions to ask your insurance broker

An insurance broker that is worth working with should have an extensive knowledge of available products and accompanying rates in the insurance marketplace. Additionally, your insurance broker needs to be able to provide additional services such as:

  • human resources administration
  • benefit enrollment
  • payroll services
  • employee wellness

Our team provides this suite of services because we recognize the importance of having a comprehensive broker in your back pocket. Managing your risk means having go-to providers for the services you depend upon most.

When managing risk within your insurance portfolio, look for a broker that understands the nuances of insurance and can design cost-effective solutions to meet your needs. Within our company, we have deep knowledge of numerous insurance categories, including:

  • Aviation
  • Casualty
  • Executive risk
  • Property
  • Surety

Risk control is especially valuable because uncertainty can cost businesses to lose a lot of sleep, not to mention a lot of money. With top-shelf insurance, you can shield your organization from the hazards of your industry and adopt risk-control programs that limit your exposure to those threats in the first place. Our company has a deep understanding of risks that face an array of industries and can provide insights on best practices based on trends in your industry. We can structure programs to ensure your risk stays within an acceptable range.

Take aviation as an example of our insurance expertise. This industry is extraordinarily complex, and the results of a failure on the factory floor or elsewhere in the supply chain can be truly awful. Lives can be lost if an aircraft suddenly experiences a problem mid-flight. Vigilance is essential at every stage of the aviation industry, and we can provide the insurance services that protect the integrity of your business. Using our knowledge of the industry, we will manage multifaceted scenarios and negotiate rates that are competitive and affordable for your organization. We have worked with aviation underwriters for years and will help you attain expansive coverage.

Another example is property insurance, which protects your employees, resources and competitive edge. We can provide services such as claims advocacy, engineering and loss control, and property placement. Each business is different. Some have risks on land, others on water or in the air. Whether you are based in the U.S. or have a major global presence with offices in another country, we will ensure each contingency has an accompanying plan.

If you are looking for a dependable insurance broker Salt Lake City with deep insights into insurance and risk assessment for businesses, turn to Hays Companies of Utah. We look forward to customizing plans that will be an ideal fit for your company. Call 612-333-3323 for more information.

Group coverage for associations, franchises and other organizations

49923062 - group business people celebrating teamwork team conceptWhen it comes to insurance, there definitely is “strength in numbers.” Hays has the experience and knowledge needed to deliver cost-effective and better insurance coverage to the members of your association or business organization. We can help your group create a new insurance program or improve an existing one.

We design group insurance programs to provide more certainty of insurance availability, the right coverage and lower costs to your members. At Hays, we make the process simple by offering customized solutions and a variety of services including:

—Due Diligence

—Development of Proprietary Web-Based Communication Platforms

—Development of Insurance Coverage & Rating Parameters

—Customized Billing

—Superior Customer Support

Associations, franchises, professional organizations and other groups deserve access to quality insurance coverage at a fair price. At Hays, we work hard to provide every group with an insurance plan that addresses its unique needs. Email us today to learn more about group insurance plans at specialtypractice@hayscompanies.com. Hays Companies is one of the fastest growing risk management, insurance and employee benefits advisors in the country. Learn more about what our company can do for you at this link.