When a large telecommunications company faced mounting losses to their fleet, its future insurability was in question. With claim frequency rising and severity spiking, it was at risk of becoming uninsurable and potentially losing access to the coverage its operations depended on.
Instead of non-renewing the client, our Risk Control team stepped in with a focused plan.
The result? The situation stabilized, losses declined, and the client remained in our portfolio, stronger than before.
Here’s how it happened:
We collaborated with key decision-makers from the client’s leadership team to identify the underlying root cause of their loss activity. Following the assessment, we worked with the client to develop a structured service plan to strengthen their fleet management practices. This included the development of standardized operating procedures for driver behavior monitoring and accident investigation, all supported by consistent follow-up and ongoing risk control engagement.
This wasn’t a quick fix. It was a strategic, hands-on effort that delivered a measurable impact. And it’s exactly the kind of partnership brokers can count on to help retain and strengthen challenging clients.