Casualty Insurance
Your Hays team provides expert consulting services from seasoned professionals with a clear vision to protect your corporate assets. Since casualty insurance often deals with working layers of loss and expected claim activity we actively engage our Claims Management, Loss Control and RMIS services to benchmark loss rates and identify areas of operational opportunity.
Your casualty team will design a service delivery plan aimed at reducing your workload while obtaining the information needed to make smart and timely decisions.
We use several evaluation timelines to organize, measure and deliver services. These tools help us learn your business and manage our consolidated efforts so we focus on the outcomes you prioritized.
We offer seasoned, outcome-oriented experience in the various casualty insurances:
- Workers Compensation
- General Liability
- Automobile
- Excess/Umbrella Liability
- Alternative Markets Captives, Risk Retention
- Specialty Placements – M&A facilitation, discontinued products, program buy outs
We access the world to find the broadest solutions, including all domestic markets, London, Bermuda and the various captive domiciles.
Our services include:
- Negotiating the broadest coverage at the best price
- Taking advantage of changes and trends in the insurance cycles
- Analyzing coverage forms to maximize application
- Facilitating direct relationships between you and the underwriters
- Partnering with WBN (World Broker Network) for global placements with offices in over 50 countries
- Benchmarking utilizing Advisen’s analytics on 1.5 million companies and 70 industries
- Loss forecasting picks, with analysis to change predicted outcomes
- Modeling analysis for experience modifications
- Processing of certificates of insurance, automobile identification cards, endorsements
- Delivering of policy summaries and loss data to the selected constituents
- Tracking loss sensitive programs and aggregates
- Reviewing contracts for indemnification and hold harmless implications
- Consulting on acquisition, merger and divestiture opportunities
- Advocating for you in claims resolution
- Mitigating risk of loss through on site inspections and data analysis
- Managing and offering alternative solutions to insurer recommendations
- Providing electronic access to your insurance program information through our proprietary ClientDirect data management system
By working with risk managers, safety, finance, legal and operational managers, we’ll assist you in program design, budgeting, and premium allocation.
You’ll have a dedicated team with extensive underwriting, brokerage, risk management, claims, loss control and legal expertise seeking out the most competitively priced and comprehensive coverage. This comes as the result of months of careful planning, listening and preparation. Once a plan is in place, we don’t stop working. We’ll continually test the marketplace to ensure you receive the best coverage, pricing, and program design.
