A market-leading consumer products manufacturer and distributor with revenues totaling over $500 million, operating over 200 locations, and a fleet of over 1,500 power units was preparing for an IPO. The company originally retained UIC Inc. on the primary basis of implementing a public directors and officers program to confirm adequate insurance levels for proper asset protection to withstand capital market scrutiny. The assignment then transitioned into a review of their entire property and casualty program.
UIC Inc. was retained to provide an independent risk management audit and was given complete access to all requested information. Within several days, it was able to provide a high-level report on the company’s current insurance program, identifying salient coverage weaknesses and gaps, and developing a strategy that, if properly executed, would meet all agreed-upon goals.
With UIC Inc.'s involvement, the following results were achieved
UIC has been and continues to be the leading mining consultant designing its first bespoke manuscript property policy in 1984 for Dome Mines Group.
UIC has provided its consultative services to the largest marina operators in the world and currently advises over 175 marinas.
UIC in the past several years has provided its contract review, risk strategy, and sourcing for various construction projects from 1 billion dollar commercial office building and hotel and convention centers to the latest multi-use residential and commercial in New York City.
UIC has been instrumental in establishing the proper Risk Management foundation for Biotech companies in their early stages.
UIC, Inc. performed an independent risk management review and was provided complete access to senior management and all appropriate information.
The commercial property insurance market is witnessing a challenging landscape characterized by capacity limitations, rate increases, and ...
Security breaches are prevalent in all industries and often go undetected and wreak havoc for extended periods. These breaches not only cause irreparable reputational damage but also have signiﬁcant monetary considerations in the form of class-action lawsuits.
At UIC, Inc., our team represents a new paradigm in the insurance market—a truly independent consultant providing our clients with the guidance, knowledge, and resources to negotiate the right amount of coverage while minimizing premiums.
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