Not at all. In fact, nearly half of our clients choose to keep their agent for the renewal (while still experiencing considerable cost savings from our negotiation services). Ultimately, if you’re happy with your current broker then our goal is to keep you with them at the lowest possible cost. When our clients do choose to switch brokers, it’s because the total savings is so significant that it doesn’t make sense not to switch.

Constructive Risk is paid a flat-fee directly by you — the client — based on either a pre-set annual or project fee which is agreed upon in advance. The fee reflects the complexity of the project. Our clients have appreciated the fact that our fixed-fee is typically more than offset by the substantial insurance premium savings we secure for them.

Yes, we do. Although the construction industry is our primary focus here at Constructive Risk, we’ve worked with plenty of businesses in other industries as well. We provide our services to many industries, such as: Healthcare, Financial Institutions, Hospitality, Education, Nursing Homes, Fitness Clubs, etc.

Every project and every client is unique. However, when hired to manage an insurance policy renewal process (bid management), our clients typically average annual insurance savings of anywhere between 11% – 17%, compared to if they were to only use brokers solely. Moreover, many of our clients have also experienced additional savings from “sunk” and/or “hidden” insurance costs (i.e. retail & wholesale broker fees, state taxes and filing fees, final audits, deductibles on claims, etc.).

So, although 11% – 17% tends to be our average, the most we’ve ever saved a client — after quotes were already received and then we Renegotiated the quotes on the client’s behalf — was 55% off the total cost of their annual insurance spend.