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Looking Beyond Insurance
We at Le Dieu listen to what you say; we focus on your priorities. The strategy we apply is proactive; we don't expect you to accept a pre-packaged insurance product. Instead we harness the expertise and innovation of our team to deliver you with an outstanding insurance solution.
Buying an insurance scheme may not be the best use of your funds. You may be able to reduce your dependence on conventional coverage and minimize your exposure by avoiding or controlling certain risks or exploring alternative risk financing vehicles. We may recommend safety programs, employee education, property improvements, enhanced security, and other measures to reduce loss.
If you own or operate a business, large or small, you know the importance of insurance to protect yourself against financial losses. What you might not know, however, is how to decide on the right amount of coverage for your business, or about the small changes that can make your business safer and lower your insurance premiums. This knowledge can make the difference between not being protected and truly having peace of mind. A broker is qualified to advise you on how to make the most out of your insurance. Businesses require insurance in order to:
- Protect their physical assets, the investments they’ve made in technology, equipment, etc.
- Protect them from legal liabilities to third parties and to provide them with legal assistance and defense in the event of a lawsuit;
- Protect their financial balance sheets to give owners peace of mind. Knowing their physical assets can be replaced, and knowing lawsuits will be defended, provides stability to the balance sheet so that an owner is not vulnerable to having to self-insure;
- Finally, thanks to the peace of mind provided above, to reinvest profits into their businesses, employees or research, this in turn is good for the economy and health/welfare of any business.
As insurance brokers, we know that every business is different. As a result, the type of coverage you need and your insurance premiums may vary. It is our job to help you understand insurance. We can help you assess your business, identify the risks you are exposed to and make recommendations to protect your assets – employees, building, equipment, merchandise – in other words your bottom line. With our help, you can decide on the right type of coverage for your business, and with our advice you can make necessary changes so that your business has lower insurance risks. ASK A BROKER
Risk management Transferring your risk through insurance coverage is likely to be the major component of your risk management plan. Depending on the unique requirements of your business, we can probably help improve your insurability and stabilize your risk transfer costs. We start by learning about your business. We identify and quantify potential risks and exposures you may face, then we recommend insurance coverage and other options from which you can make an informed choice. Together, we can develop a risk management program that works for you.
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