UIC has advised ten portfolio companies of a PE firm with assets over $20 billion, yielding savings of $50 million over the past seven years.
An additional audit of exposures revealed duplicate coverage with return premiums being issued to one portfolio company going back several years. UIC’s audit for another portfolio company captured retroactive insurance premiums that were due back to the client for purchases made on exposures that no longer existed and coverages that were not required. The brokerage firms in both scenarios were two of the three largest national players. The insurers were also top-five domestically in terms of gross written premiums.
OTHER CASE STUDIES
UIC supports the Private Equity community with risk management consultation. Included below are four examples of how UIC has garnered savings for Private Equity firm clients and their portfolio companies. The below ROIs do not take into account loss prevention, best practices instituted, or ongoing consultation that UIC provides throughout the risk management process.
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. was retained to provide an independent risk management audit and was given complete access to all requested 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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