Central Bedfordshire Council
We’ve worked with Central Bedfordshire Council for more than 5 years now. Our insurance alchemy began with a thorough audit of current covers and a review of historical claims. We quickly got to work, removing any and all inappropriate cover and incorporating elements of self-insurance. The council could then efficiently undertake procurement processes. We enabled direct access to markets, reduced costs and enabled high-quality consultative advice when necessary.
What did Central Bedfordshire Council have to say about us?
The Risk Factor;
- evaluated the lines between risk and insurance strategy and core stability
- gave us advice and recommendations on ways to reduce cost with the correct cover which led to savings
- evaluated the fees we pay to brokers to demonstrate the inappropriateness of cover and the cost we don’t need to pay
- provided a detailed analysis of the organisation and past claims to support either the renegotiation of terms or lead to alternative methods of risk transfer