Discover how an aluminum products company transformed their property insurance program through strategic risk management with Cottingham & Butler.
The Situation
After two decades working with their previous broker, an aluminum product manufacturing company sought a new direction for their insurance program by partnering with Cottingham & Butler. They were looking for more than just a broker change – they needed a complete program overhaul, from enhancing their market presentation to creating forward-thinking risk management solutions.
Key Wins
Why They Needed Change
$75M of unsprinklered TIV in a location with high tornado activity
Experiencing 15-40% increase in pricing terms annually
Long-term property insurance challenges
Cottingham & Butler's Strategy Focused on Two Key Elements
Craft a more compelling narrative for insurance carriers
Implement targeted improvements to strengthen risk profile
By rebuilding their program from its foundation, we could address both immediate needs and long-term strategic objectives.