Press Releases


IRMI Releases Improved Tool for Finding Insurance Coverage Gaps

Release Date: May 8, 2014

Dallas, TX, May 9, 2014—International Risk Management Institute, Inc. (IRMI), has released a new and improved version of The Gapper, a software-as-a-service (SaaS) tool for identifying insurance coverage gaps in commercial lines policies.

The Gapper employs a Risk Questionnaire to uncover exposures faced by the client and then uses a coverage questionnaire to guide the agent through a coverage gap analysis. The result is a fully customizable Executive Summary Report for existing clients and new business prospects that identifies the gaps and explains how to close them.

IRMI surveyed subscribers to its e-mail newsletter and members of its LinkedIn group to identify 101 of the most common commercial lines coverage gaps faced by American businesses. IRMI research analysts then developed the questions that would be needed to determine if a business faces the exposures that relate to those gaps along with the corresponding coverage questionnaire.

The Gapper now identifies gaps in commercial auto, commercial liability, commercial property, inland marine, errors and omissions, professional liability, directors and officers liability, employment practices liability, and workers compensation insurance policies. The coverage questionnaire that guides the agent through the process of identifying gaps includes links to more than 100 “Gap Insights” that define and explain the coverage issues being considered.

The Gapper enables the agent or broker to be an effective risk consultant for customers or prospects. As a sales tool, it can identify errors in the programs competitors have sold. The Gapper can also be utilized to audit the coverage of accounts in an existing book of business to reduce the possibility of embarrassing errors that can lead to lost accounts or E&O claims.

To learn more about The Gapper, please visit

About IRMI:
International Risk Management Institute, Inc. (IRMI), is the premier authority and educator for risk management, insurance, and legal professionals. IRMI simplifies the management of risk by publishing resources for technical content and providing continuing education, certifications, and conferences. For more information, visit

Liah Wiedenfeld
(800) 827–4242



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