10 Jul Case Study: Liability and Workers’ Compensation Insurance
A large charter school in need of insurance review and analysis.
OTP’s team of analysts prepared an RFP to effectively secure coverage in favor of their client’s needs as opposed to the current broker.
Broker’s commissions are now disclosed, previously they were not. Received competitive quotes from 5 new carriers. Improved coverage and premium savings on the property and liability policy by 14%. Lowered the workman’s compensation premium by 15% by moving the policy to another carrier. Negotiated broker services, including claim reviews and loss control services, to prevent and mitigate future losses, as part of the broker’s compensation.