IRMI Releases New Cost Control For Hard Market
Release Date: Aug 26, 2002
Contact: Contact Us
DALLAS—International Risk Management
Institute, Inc. (IRMI), has recently published the Third Edition of
101 Ways To Cut Business Insurance Costs
without Sacrificing Protection, a virtual "how to" guide of cost-cutting
strategies for every major line of coverage. This popular book is designed
to help insurance buyers and their agents/brokers do a better and quicker
job of auditing their insurance program to control insurance costs without
giving up necessary protection.
"Insurance buying became so easy during the soft insurance market
of the 1990s that many insurance buyers-as well as many of the insurance
agents/brokers who represent them-forgot the fundamental steps that
can be taken to keep premiums from getting out of hand," explained IRMI
president and book coauthor Jack Gibson. "The substantial premium hikes
everyone is now seeing on their renewals has revived the need for active
management of insurance costs, and this book gives insurance buyers
the practical advice and information they need to once again take charge
of their insurance destiny."
This gold mine of 101 tried-and-true strategies for controlling business
insurance costs addresses each of the major commercial lines coverages
and is even organized by line of coverage to help you find information
easily. 101 Ways explains how insurers compute premiums, where mistakes
are often made, and how to find (and correct) these errors.
This practical guide:
- Explains experience rating, how it works, and offers five ways
to lower your modifier
- Gives five ways to cut workers compensation costs with deductibles
and loss-sensitive plans
- Provides 11 techniques for eliminating workers compensation
losses and their attendant costs
- Explains the right way to pick a professional agent or broker,
and provides five suggestions on how to cut premiums with competitive
insurance proposals
- Describes the claims adjusting process, presenting seven tips
for obtaining larger settlements and getting claims paid
- Tells how to take control of the premium audit process to make
sure your company (or your client) isn't overcharged
- Equips you with 68 more specific strategies you can use to take
control of property and liability insurance expenses
To order the new $34.95 101 Ways To
Cut Business Insurance Costs without Sacrificing Protection,
call 800-827-4242 (in Dallas 972-960-7693), or order online at
www.IRMI.com.
Founded in 1978, International Risk Management Institute, Inc., (IRMI),
is a Dallas-based research and publishing organization specializing
in risk management and insurance reference manuals, books, and newsletters.
These references and the firm's website, IRMI.com, provide practical
strategies and tactics for insurance buyers, human resources professionals,
risk managers, agents, brokers, underwriters, claims adjusters, and
attorneys. IRMI is also the sponsor of the annual IRMI Construction
Risk Conference, which is the only national symposium devoted exclusively
to managing and insuring construction risks. Visit
www.IRMI.com, or call 1-800-827-4242
for more information.