Modeling Enables Major Furniture Retailer To Cut Costs

Client: Major Furniture Retailer

One of the largest furniture retailers in the country was looking for a consultant to evaluate their existing insurance program. They wanted a broker with a solid track record in working with real estate clients who
really understood the nuances and risks associated with the business.

Our team rolled up their sleeves, assessed the client's situation and existing program. Sophisticated modeling techniques were utilized to determine potential exposures. Our analysis revealed that the retailer was significantly overinsured. They were able to reduce the amount of coverage they carried by 50%, leading to a substantial reduction in premium.