Across 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:
- Executive risk
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.