Our Carrier Collaboration Enables Exclusive Insurance Products for Any Industry
We Perceive Risk Management as Strategy when Managing the Total Cost of Risk
Commercial insurance and risk management are fundamental aspects of successful business operations. When strategically planned, your company organizes risk into fiscal categories and can recover more quickly from a loss. Excel Insurance Group, in collaboration with domestic and international partners, is armed to help protect your business in and around your insurance and risk management portfolio. This includes protection for your assets, income, liabilities and expenses.
We are driven by advice-centric philosophies and work with our clients as trusted, outsourced risk managers and counterparts.
Dedicated account managers maintain specialized industry knowledge, offering clients partners who understand your business and industry.
Many Brokers Assume Commercial Insurance is Just a Rudimentary Practice
Insurance programs are the basics of risk management. They are the beginning of protecting your operations and business income.
Though not an exhaustive list, there are several types of commercial insurance coverage in this category:
We thrive on the challenge of working with clients to uncover risk in their business and help them to make conscious decisions about the treatment of that risk. Once risk is identified and assessed, decisions need to be made to accept, avoid, transfer – by insurance or possibly via contract – and manage that risk.
Risk advisory and management is an ongoing process and the treatment methods often involve a variety of combinations of the steps above.
Some aspects include:
- Identifying areas of risk exposure
- Loss prevention and safety training
- Development and implementation of new policies and procedures
- Incorporation of technology for better auditing, review and analysis of your operations
Excel Insurance Group can also assist in preparing Underwriting Reports and Loss Control Reports for both property and liability risk, as well as detailed review so business interruption exposure.
Risk management requirements are highly customizable depending on the nature of your business, size of operations and industry. Our skill in conducting an in-depth analysis is essential to arranging the appropriate, best-fit coverage for your business.
Excel Insurance Group provides superior Claims Advocacy Services through our standard levels of service. As your Claims Advocate, we remain close to you throughout the life of a claim. From inception through to regular review, settlement and conclusion, we combine our technical capabilities, negotiation skills, reputation and an intimate understanding of your policy in order to ensure that complex issues are appropriately managed.
Fortunately, we know how to navigate these scenarios and do so regularly. Through our partnership with the Assurex Network, Excel Insurance Group maintains extensive experience acting as the on-the-ground, local Canadian insurance broker for our Partners’ clients. We ensure the Canadian versions of your insurance programs comply with regulations while matching your existing policies, procedures and coverages. Other aspects are covered through this service offering, including Canadian-specific Workers Compensation.
Working with Excel Insurance Group, you maintain priority access to our specialized Canadian commercial insurance expertise, as well as that available through all experts within 100 Partners worldwide. There is no challenge to which we cannot rise. Through collective bargaining power and the Assurex Global 60-year history with carriers and industry influencers, you receive the benefits of cost-efficient pricing and best-fit product offerings.
Extending coverage beyond the scope of a Commercial General Liability policy, Errors and Omissions coverage offers protection in the event that one of your clients claims financial loss due to an error or omission on your part, as well as your employees. Since professionals in private practice and those companies that deliver professional services to clients are held to high standards of duty and accountability, E&O insurance can help mitigate risk associated in relevant accidental exposure.
In addition to the Excel Insurance Group standard of highly customized insurance programs, specialty insurance solutions may be employed.
Their Commercial Services include health benefits, group savings plans and specialized coverage for executives, owners, and partners. They consult on buy-sell and shareholder agreements, ensuring they are coordinated with the overall risk management strategy.
Their Personal Service area focuses on educating individuals so they understand the reasons behind the strategies their advisors recommend. They take a holistic approach to financial planning, focusing on both planning for the future (growing assets and creating tax-efficient income) as well as protecting those plans (e.g., Life, Disability, and Critical Illness Insurance, Long Term Care, and other tools).
Feel free to visit their website at www.financialbenefitsgroup.com for more information
We Touch an Unending Number of Industries
Excel Insurance Group develops comprehensive insurance programs for businesses of sizes and in all sectors. This list is not exhaustive. If you would like to know more please contact your local insurance broker. Some of the industries we service include:
- Automotive
- Aviation
- Computer & Infrastructure Services
- Condo Associations & Boards
- Construction & Contractors
- Education & Organizations
- Financial Services
- Forestry
- Hospitality, Lodging & Entertainment
- Legal Services
- Manufacturers & Wholesalers
- Marine
- Non-Profit Organizations
- Oil & Gas
- P3 Projects
- Professional Services Businesses
- Property Managers
- Realty (International& Local)
- Retail
- Small Business
- Startups and Canadian Subsidiaries
- Technology & Software Development
- Warehousing, Transportation Logistics
- And more