How Metro Insurance Covers the Toughest Risks

Metro Insurance Services understands the importance of providing coverage for a diverse range of businesses. While many agencies focus on low-risk businesses, Metro Insurance Services takes pride in writing policies that aren't "low hanging fruit". This means that we focus on writing policies for high x-mods and businesses that have issues with work comp fraud, niche industries, excessive claims, hard-to-classify businesses, and other hard-to-write risks.

Writing policies for these types of businesses requires a unique set of skills and expertise. At Metro Insurance Services, we have a team of dedicated professionals who have the experience in helping these businesses get the coverage they need. Here are some of the strategies we use to write policies for hard-to-write risks.

Understanding the Business

The first step in writing policies for hard-to-write risks is to thoroughly understand the business. We take the time to learn about the business, including its operations, risks, and challenges. This helps us to identify the specific risks that the business faces and develop a policy that provides comprehensive coverage.

Conducting Risk Assessments

Once we have a good understanding of the business, we conduct a risk assessment. This involves analyzing the business's history of claims, safety records, and other factors that could impact its risk profile. By conducting a thorough risk assessment, we can develop a policy that is tailored to the specific needs of the business.

Developing Custom Policies

At Metro Insurance Services, we believe that there is no one-size-fits-all approach to insurance. This is particularly true when it comes to hard-to-write risks. We develop custom policies that are designed to meet the unique needs of each business we work with. This may involve incorporating specialized endorsements or exclusions, or developing coverage options that address specific risks.

Providing Risk Management Services

In addition to providing insurance coverage, we also offer risk management services. This includes providing advice and guidance on how businesses can reduce their risk profile and minimize their exposure to potential losses. By working closely with businesses to identify and mitigate risks, we can help them to avoid costly claims and reduce their insurance premiums over time.

Building Long-Term Relationships

At Metro Insurance Services, we believe in building long-term relationships with our clients. We work closely with businesses to understand their evolving needs and adjust their policies accordingly. This ensures that businesses have the coverage they need to protect themselves, even as their risk profiles change over time.

In conclusion, writing policies for hard-to-write risks requires a specialized set of skills and expertise. At Metro Insurance Services, we are committed to providing comprehensive coverage for businesses that face unique challenges. By understanding the business, conducting risk assessments, developing custom policies, providing risk management services, and building long-term relationships, we help businesses to manage their risks and protect their assets.