Scope of Services Provided by Haymond Insurance, Inc.
Risk Management Services
- Conduct exposure identification and analysis surveys and report to client.
- Perform retention analysis for SIR and deductible selections.
- Conduct coverage audits and make suggestions for improvement.
- Assist with Loss Control - interface with company.
- Assist with vendor selection.
- Perform loss analysis.
- Review and make recommendations concerning contractual(hold harmless) agreements.
- Assist with program design.
Marketing Services
- Prepare and/or assist with the preparation of Insurance Specifications.
- Select appropriate underwriting companies.
- Negotiate coverage and pricing with selected markets.
- Prepare concise proposals for insured's review.
- Provide an explanation of coverage and offer suggestions for improvement.
Ongoing Customer Services
- Conduct policy reviews to verify accuracy.
- Request policy change requests.
- Verify accuracy of endorsements and policy changes.
- Prepare billings/answer inquiries.
- Monitor carrier performance against expectations.
- Prepare certificates of insurance.
- Review and verify accuracy of premium audits.
- Provide annual Policy Summaries of Coverage.
- Monitor and Manage pending claims.
- Conduct annual renewal update meetings with client.
- Assist with allocation of premiums.
- Verify Experience Modifications.