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Success Stories
During the due diligence process IAG helped a private equity firm complete an acquisition by solving an existing pollution liability issue.
IAG worked with a manufacturing customer by doing the due diligence that helped them make the decision to move from traditional insurance to a captive insurance company.
IAG was able to reduce a customer's Worker Compensation experience modification factor from 1.249 to 1.198 by its annual review of their experience modification data. The correction in the experience modification represented a $25,000 return premium to our customer.
Large multi-state retail furniture company had a claim that had been closed prior to IAG. IAG was able to get the claim reevaluated, then negotiate an additional $99,750 return to the client. This claim would never have been reopened if it were not for the proactive approach of IAG.
Large excavating contractor had received their renewal proposal before the hiring of IAG. Within one week of hire, IAG, acting in the capacity as the insurance department for the contractor, was able to collaborate with the broker and get the annual premium reduced by over $40,000. The agent nor the client had any idea of the error in the renewal proposal - the same error had been present for the last four years.
Large medical provider was confronting a 20% to 30% increase premium on renewal. This increase would have added $187,600 to $281,000 to the annual premium of the insured. Using the IAG model, IAG negotiated the renewal cost to about $140,000 less than the expiring premium
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