GNA GREGORY NEIL
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Save up to 40% on insurance premiums!

Construction Business Professionals– I am getting so many calls about the ICRS team– Insurance Cost Reduction Services. So let me tell everyone that yes, they really can do what they say they can do. I have talked to a few of their clients and heard first hand of savings up to 40%. When I find something this good I think we should let everyone know. So please take a moment to read this and please pass it on to another business owner that you think may benefit from paying less in insurance premiums.

Here are the two main questions people are asking:

QUESTION: How does ICRS reduce premiums by so much?

ICRS does a better job of negotiating with insurance brokers than the typical buyer can ever hope to accomplish. Buyers enter insurance negotiations greatly disadvantaged, while for years ICRS has been doing nothing but perfecting the art of negotiating with insurance companies. Most people don’t grasp how negotiable rates and terms are.

The insurance industry unfortunately isn’t like other markets where shopping around and getting quotes is a fairly simply matter (like buying your company trucks, for example). The insurance industry is frought with complication and inefficiencies that cause unnecessarily inflated premiums to occur. In fact, in 9 out of 10 cases, ICRS finds that client premiums are significantly higher than they should be—often to the tune of 20-50%. They act for you as an independent, impartial renewal management consultant with vast expertise in how the insurance industry works, and on your behalf, collect and assemble complete, accurate insurance bid information for your business and then utilize that information to find the true bottom of the market. More importantly, they do so while still enabling you to retain the same level of insurance coverage and service (in fact, coverage often increases along with the price reductions that result).

Here are some examples of buyers' disadvantages:

  • Too busy doing other things / limited time to deal with insurance renewals and negotiations.
  • Lack specialized knowledge and training for negotiating with brokers. Don’t know what questions to ask, or what they should/should not do.
  • Lack a systematic approach and are not organized or prepared.
  • Expiration dates work against them, narrowing choices and options as renewal dates approach.
  • Can’t separate noise from signals. If 10 brokers call, perhaps one of them has a real opportunity, but gets rejected with the rest.
  • Lack comparison and reference points to know what is a good deal, and what isn’t.

Unfortunately, other negative forces also work against buyers including the following:

  • Brokers can be too busy to really focus on your case.
  • There is a disincentive for a broker to work harder and longer to drive down premiums, only to diminish the broker’s commission check.
  • Brokers can lose control of a case, and fail to seize opportunities for you, due to their own quality control issues.
  • Underwriters are still asking brokers where they need to be price-wise, and brokers are still telling them.
  • Brokers continue to try to monopolize client’s access to the marketplace, and eliminate real competition for business.
  • There is still plenty of danger for deception and misunderstandings.
Lastly, here are a few other reasons why an insurance renewal management firm such as ICRS can save contractors so much money:
  • They handle hundreds of renewals for each one that a clients handles.
  • They have a $100,000 custom-built software system that was designed to make sure they deliver a controlled and systematic process, all aimed at helping you negotiate effectively.
  • They have a large and growing base of existing quotes they can use for reference and comparison, allowing them to gauge which are 'good deals' and which aren't.
  • They are constantly negotiating with brokers on behalf of their clients.
  • They are constantly accumulating market intelligence, and have many sources of help and information throughout the insurance community.
  • Their work is 100% focused on helping clients control their renewals.
  • It is their intense focus, accumulated resources, growing knowledge, and extensive connections that give them such a large advantage over the typical CFO or business owner, when it comes to negotiating renewals.

QUESTION: Why shouldn’t I wait for my renewal dates to start using ICRS' services?

Although policy renewal dates are a convenient time to implementing a renewal management process to control costs, it is by no means the only time to do so. In fact, the sooner you begin getting a handle on your insurance renewals and engage ICRS' services, the sooner ICRS can begin the critical steps of building your insurance buyer profile and specifications, which is a critical step in getting true “bottom line” quotes from insurance companies. Even in cases where you may have recently renewed, the savings on a particular policy type may be so enormous that you will still save significant money by renewing to a more competitive policy early. The really good news is that either way, you have nothing to risk, since if you don’t stand to save money, you don’t end up paying/risking anything to have them involved.

ICRS' proposition is one of delivering control and power at zero financial risk to their clients. Expiration dates are important in many people’s minds because brokers have trained them to think that way. That is the time of year buyers are used to experiencing crisis. In contrast, ICRS advocates preparation and organization, and work to minimize crisis and excitement most people associate with renewals.

They much prefer to start working on a case far ahead of the renewal date, and use that time to get fully engaged and well-prepared, while auditing for hidden opportunities to save money. Just as would be the case with a CPA right at a tax deadline vs. after the deadline, the quiet time away from the hectic expiration cycle allows them to do their jobs most effectively. They need to plan and organize our resources to serve their clients. Sooner is always better to get ICRS on the case

Here are some testimonials from happy ICRS customers!
Click here, or copy and paste this url into your browser: http://www.gregoryneilassociates.com/ICRS_Testimonials__original_.pdf

Here is an article about a book by ICRS founder Don Bury.
Click here, or copy and paste this url into your browser: http://www.gregoryneilassociates.com//inc_mag_excerpt.pdf

Don Bury will be a guest at the next North Bay NARI meeting in January!
Click here to read the flyer, or copy and paste this url into your browser: http://www.gregoryneilassociates.com/NARI_Meeting_Flyer.pdf
To RSVP for this meeting, please email me.


Gregory Neil Associates
415-258-2873 or 415-699-8512


The Bay Area's leading provider of Education, Consulting,
and Coaching services for the Construction Industry


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