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Contingency Audit Plans
- Is your company paying too much?
- Are you facing a large rate increase?
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Corporate Financial provides a unique service of Contingency Auditing of existing Health and Welfare premium costs. We use proprietary data and market models to determine the appropriate rates based on risk and compare those rates to your actual rates. Once a variance is identified we negotiate on your behalf with your existing carriers to reduce prices. Savings average between 5% - 35%.
The underwriting from one carrier to the next is significantly different. These variations are often based on subjective criteria rather than empirical data. This approach has led to higher premiums and higher profits for the insurance companies. Our approach is based upon the latest industry trends, benchmarking, underwriting criteria, reinsurance and actuarial trends.
Savings will vary from client to client but 96% of the time we achieve significant dollar savings for our clients.
Click below for specific audit information request:
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