Why Choose Stern Risk Partners?
Stern Risk Partners employs experienced product specific claims professionals with specific expertise in either Property or Casualty lines. Each is devoted to servicing claims from start to finish as well as helping to aggregate and provide historical claims data and analysis. Every one of our clients can expect our claims representatives to provide them with the following services:
- Initial Claim Receipt and Evaluation of Applicable Coverage Parts
- Filing Claims with the Carrier
- Following Up for Adjuster Assignment and Prompt Claim Review
- Discussion of Claims with the Client and Adjuster
- Advocating for the Client and Their Needs
- Helping to Facilitate a Quick Resolution with the Best Outcome
- Providing Overall Claims Reports and Analysis as Needed or Requested
- Working with Carriers to Setup Claims Management Procedures and Service
Stern Risk Partners prides itself on providing our clients best in class service and product specific expertise. In addition to analyzing a client"s risk exposure to deliver the best available coverage and price, we place significant importance on our approach to claims management.
While they are never desired or welcomed, claims are inevitable, and when one does occur proper claims management is important to a quick and seamless resolution. At Stern Risk Partners, we are focused on providing our clients with exceptional claims service, where our goals are advocating for our clients and minimizing disruption to their business.
Why Choose Stern Risk Partners?
At Stern Risk Partners our team of seasoned industry professionals has been designing, forming, licensing and managing captive insurance companies for over 25 years. We maintain the necessary relationships with key insurance regulators and have created over 200 captives in domiciles like Arizona, Bermuda, Cayman Islands, Delaware, Georgia Hawaii, Nevada, North and South Carolina, Utah, Vermont and Washington DC.
- We"ve spent our careers in corporate conference rooms all over America consulting CEO"s, CFO"s, Risk Managers, captive owners and prospective captive owners on the best ways to maximize captive underwriting results.
- We implement real world solutions that lower a client"s total cost of risk.
- We help our clients find new sources of income by capturing underwriting profit and investment income from affiliated customer and supplier exposures - providing your business with more control of your risk financing program.
- The world of captive insurance can sometimes seem a bit overwhelming. At Stern Risk Partners we don"t try to confuse or mystify you with technical captive jargon. We provide a simple, uncomplicated approach to delivering the most appropriate captive insurance solution for your organization.
- We provide straight forward, results-driven answers that help you make intelligent and informed captive insurance decisions.
Offerings Specific to Property Claims:
- Upon receipt of Loss Notice we will interpret and discuss any immediate needs for Emergency Services, Building Stabilization, loss mitigation and protection to avoid additional damages to the insured property.
- Review and discuss the insured's current Contingency Plans for improvements to the current protocol that might further enhance emergency responses, timely measurement of the scope and cost of damages and building damage restoration.
- Assist the insured with coverage questions and policy interpretations and any Coverage Positions that are asserted during the adjustment of a claim.
Offerings Specific to Liability Claims
- Review post-accident procedures to ensure it captures all necessary information and preserves all evidence required to defend or mitigate your claim costs. This can include improvements to internal incident investigations as well as assisting with selection of external vendors when needed.
- Assist with policy interpretations and provide a recommended response to any carrier coverage position letter.
- We act as your advocate to ensure you receive all policy benefits to which you are entitled.