What To Expect With IIB
IIB’s service offerings include program design and placement, continued program support and service, claims advocacy as well as risk management consulting services. The IIB professionals are highly trained and knowledgeable allowing them to develop optimal risk management solutions for each client.
The IIB Risk Management Process is a system by which we assist our clients in understanding their potential exposures to all kinds of loss and then determining the most cost efficient methods of dealing with the potential loss. During this process, we work with our clients in analyzing classes of exposure and identifying their specific risks. We then work to quantify loss potential, formulate treatment methods and implement a risk finance program that best suits their needs. The risk finance program may include various components including but not limited to self-insurance, insurance placements, appropriate retentions or deductibles, alternative risk transfer, multiyear funding and re-insurance.
Commercial Property and Casualty:
Companies today face an increasing array of risks that can be complex and interconnected especially as companies grow and do business globally.
IIB is committed to tailoring risk management programs and insurance products and services to meet the complex and individual needs of each IIB Commercial Client. Our Commercial Property and Casualty team is staffed with professionals experienced in servicing a broad spectrum of industry segments including Energy, Technology, Transportation, Educational Institutions, Contractors, Non-Profits, and Health Care to name a few. We will help you identify exposures which may have an adverse effect on your business including loss of assets which are exposed to damage or loss of possession, loss of income, increased cost to continue operations and liability to others.
IIB is contracted with approximately 80 carrier partners and work closely with them to provide products for all of your business needs. Our product offerings include but are not limited to General Liability, Workers Compensation, Business Auto, Errors & Omissions, Director’s & Officers, Employment Practices Liability, Crime & Fidelity, Cyber Liability, Business Interruption, Products Liability, Equipment Breakdown and Operators Extra Expense.
IIB has a strong position in the marketplace to better serve our clients. Our long term relationships and book of business with our Carrier Partners allow us to negotiate the best rates for our clients, provides us an upper hand in negotiations and allows us to be able to develop innovative plans and solutions for our clients. Some of the services offered under Group Benefits are employee health and welfare plans, healthcare consulting, COBRA consultation, FMLA consultation, ERISA consultation, compliance service support and open enrollment service support.
With the broad portfolio of business and individual financial products and strategies, IIB offers solutions to help clients provide retirement for their employees, achieve their financial goals and provide security for their families and companies. Our goal is to help people make the right financial decisions to meet their needs. These offerings include Retirement plans, Life Insurance, Annuities, Disability Insurance, and Long Term Care plans.
Personal Risk Management:
IIB’s Personal Risk Management Department’s unique approach and breadth of resources allows us to bring you a powerful, comprehensive risk management program that will protect your family or Family Office assets while simplifying your life. We partner with carriers who exclusively cater to highly successful individuals and families. Our tailored solutions are created to match your custom lifestyle – maximizing your family’s safety while minimizing your risk. Products offered under this service include: Personal Liability/ Excess Liability, Homeowners including Earthquake/Hurricane/Flood, Condominium/Renters, Automobile, Aviation, Collections, Watercraft/Yacht, Employment Practices Liability, Background Investigations, Directors & Officers Liability, Farm & Ranch, Identity Theft, Kidnap & Ransom and Group Personal Excess.
The IIB Difference:
Professionals from each of the above disciplines are salaried members of a team who work together daily for the best interest of our clients. When an IIB team reviews your company you they see things from a 3D 360° perspective unlike any other organization. The programs they design incorporate a multi-disciplined approach which simply is not available from other firms. Additionally our clients benefit from the savings achieved from consolidation of services and the single point of delivery offered by IIB.