Claims Management
Our goal is to provide superior claims advocacy on your behalf be it on an annual engagement or for one off, specific large claims. We can assist on all claim matters- Workers’ Compensation, General Liability, Products Liability, Directors & Officers, Employement Practices Liability, and Crime. We have particular expertise in handling property claims including Business Interruption and large losses from storms and hurricanes.
We will assist and represent you in dealing with various claim personnel from brokers, insurers, and third party administrators. We will drive to close claims, lower reserves and analyze historical claims for the purposes of reducing future loss.
BMK Risk Management will provide claim oversight in order to reduce costs and move claims to closure in a consistent manner, as well as to provide technical expertise and personal service. We will review your entire insurance program and make sure there isn’t other coverage available that is not being utilized.
We can assist with:
Presenting accurate insurance claims.
Leveraging old insurance policies.
Developing custom solutions.
Closing open claims.
Managing claim programs and disputes.
Featured Case Study
Retro Adjustment Mistake
BMK as part of their comprehensive risk management services will review Retrospective Premium Adjustments that are calculated by insurers to adjust premium on loss senstitive programs. We reviewed a large Retro Adjustment for a Manufacturing client and discovered an error in a claim value being used in the adjustment. The claim was settled and the carrier loss run incorrectly had the claim open with a large reserve. We notified the insurer who promptly corrected the claim amount resulting in a return premium of over $100,000!
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Got a project?
Whether you're planning a new construction project, navigating a merger or acquisition, or simply looking to optimize your risk management strategy, we're here to help. Our team of experts is ready to provide personalized solutions tailored to your specific needs. Let's discuss how we can support your project and ensure your peace of mind.