Study shows KMRD delivers immediate savings in the short term when selected as exclusive representative to the insurance marketplace

A recent analysis confirmed KMRD delivered an average savings of 19% when clients select KMRD as their exclusive representative in the insurance marketplace.  This compares with a 7% industry-wide published standard reduction. (per MarketScout's Barometer).  This finding includes all middle market and large account transactions since the company was founded 2005.  

Furthermore, the study showed that in 2010 KMRD delivered an average savings of 21% on first-year accounts when KMRD was assigned as the Broker of Record versus MarketScout's reported average reduction of 4%.

"Our insureds typically appreciate the peace of mind resulting from better coverage and risk management support. This study demonstrates how the additional resources we provide our clients also delivers immediate value. The average reduction of 19% is inclusive of any risk management fees we charge!"  said Bob Dietzel, Managing Partner.

Kevin McPoyle, President explained, "Our goal is to educate insurance buyers on the merits of selecting one strong and trusted partner to represent them in the insurance marketplace. This approach ensures a consistent and effective message to insurance company underwriters. The use of several brokers to approach many insurance companies has been repeatedly demonstrated to be less effective. It is difficult for the typical buyer to determine which option really delivers the most value (best combination of price, coverage and service). The disciplined and thorough way KMRD secures coverage and drives down average losses is well known in the insurance community. Our reputation for information integrity and deep knowledge of exposures makes it easier to convey to underwriters that past loss experience is not a good predictor of future loss experience. Underwriters believe KMRD clients will improve their risk profile based on our service model and hands on approach to risk management."

About KMRD Partners, Inc. – KMRD Partners, Inc. is a full service Risk Consultant and Property & Casualty broker.  Their mission statement, “Making a difference by Managing the Cost of Risk”, is a unique approach that focuses not just on insurance placement, but coverage expertise, service accountability, client education and risk management. For more information please visit http://www.kmrdpartners.com/

2600 Kelly Road, Suite 300, PO Box 755
Warrington, PA 18976
1-866-957-KMRD (5673) Fax 267-482-8431
www.kmrdpartners.com
Reducing the Cost of Risk - One Client at a Time