The Client |
A manager of night clubs in Los Angeles and across the nation. |
The Problem |
Client manages high-end night clubs across the country. Each night club was on a different policy, with different renewal dates, and there was no uniformity of coverage. Managing the renewal process was laborious. Furthermore, the client needed the flexibility to add restaurants quickly as they took over management operations. Some restaurants they began to manage were either not carrying the right insurance, or in some cases, not carrying insurance at all. |
The Solution |
Elkins stepped in and offered the client a master policy. Not only would they be able to leverage the size of their portfolio for better pricing, but they would have an easier time adding more locations. |
The Result |
With the master policy, the management company has cut down on time spent dealing with insurance, and has given itself a competitive advantage in the industry by having the pricing leverage of a larger policy. |
Like to read more? Find out about other Elkins Jones success stories in the following case studies: