Leveraging Our Partner Network To Lower A Start-Up’s Risk

Client Advisor: Jake Ieuter

The CFO of a physicians’ group consulted us about the insurance coverage needs for a new company that would provide billing and consulting services to doctors’ offices and clinics.  His goal was to get the right coverage for his business while staying within his start-up budget.

Resolving A Start-Up’s Unique Challenges

Many carriers are reluctant to offer coverage for start-ups, so getting the right insurance can be harder. On top of that, companies that deal with billing services present a higher risk because they are more vulnerable to lawsuits alleging costly mistakes, negligence, or failure to give correct advice.

The strategic partnerships and deep relationships we have with different carriers allow us to advocate on behalf of our clients and identify ideal fits for just about any business type, start-ups included.

The comprehensive package that we were able to create ultimately gave this client more protection than what he had initially thought possible. 

The package included all the basic types of coverage the business needed: General Liability, Property, Workers’ Compensation, Cyber Security, Errors and Omissions and Directors and Liability Insurance. This was everything the client needed to operate his start-up business with peace of mind.

The Takeaway

For start-ups, it is crucial to have access to experienced insurance advisors who:

• Know how to identify the business’ unique exposures

• Have a strategic understanding of the carriers

• Have the capability to advocate for their clients.

These strengths make it possible for Secure Futures to find the best-fit solutions for all types of businesses. They also allow us to more effectively and efficiently streamline the new insurance process, which can otherwise be challenging for start-ups.