Request for Proposal Management (RFP) Services
Our RFP management services will assist you in selecting a competent service provider by interacting with an unlimited number of brokers using a combination of the following strategies:
- Market Selection: Brokers advise which markets they desire to approach prior to blocking them
- RFQ: Service providers capabilities and compete based on qualifications and fees
- RFP: Service providers present insurance carriers and compete based on insurance coverage and pricing
The first step in our process is determining your company’s exposures and coverage need and how much risk should be retained, should be transferred or alternatively financed.
- Determine a baseline from which to measure responses
- Development of your maturing risk management program
- Cost of risk-program development; on average, we save clients 17% in year one compared to previous insurance programs
TIME & EXPERTISE
RiskVersity clients benefit from our knowledge and experience in the insurance industry, thus saving you time and money when you trust our experts to:
- Oversee interactions between your organization and its vendors
- Return valuable time to your organization to focus on your daily operations
- Provide guidance while offering clients oversight and final approval of the entire process
If you are ready to feel secure about your coverage, contact RiskVersity at 513-644-1085.