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Overview
The Lyons Companies take a proactive approach to the design, implementation, and monitoring of your insurance program.
Risk Analysis
- Perform Lyons’ Risk Reduction Audit to fully understand the exposures facing the client, including those assumed by law or contract
- Evaluate the current coverage in the context of our assessment of the exposures
Insurance Program Design
- Based on the results of the Risk Reduction Audit, develop renewal worksheets to capture accurate values and exposures
- Make changes to the expiring insurance program to address the exposures identified during the Audit process
- Develop "top of the pile" insurance specifications for submission to the marketplace
Marketing the Program
- Discuss the insurance markets with the financial strength, service capabilities and underwriting appetite to suit the needs of the client
- Involve Management in decisions relating to the renewal marketing strategy
- Disseminate timely and complete submissions to the insurance marketplace
Proposal of Insurance
- Provide an Executive Summary that highlights changes in program and price
- Present a comprehensive summary of the terms and conditions of the proposed program
Servicing of the Program
- Manage the program from a team concept to maximize access to Lyons’ staff
- Provide binders, invoices, certificates of insurance, and automobile ID cards, and respond to all service requests in a timely and efficient fashion
- Thoroughly check all insurance contracts to ensure their accuracy
- Perform regular meetings to review the program and meet customer needs
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