Insurance Program Health Check

See how your current insurance strategy stands up to critical analysis.

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The insurance landscape is constantly changing. It’s essential to check if your current insurance is still the best fit for your organisation – and you don’t need to switch from your current broker to find out.

Testimonial(s)
“The Lion Partnership (TLP) bring a wealth of knowledge and industry experience to the negotiating table. I found the process simple and straightforward to follow.

TLP has a methodology that works and delivered a very good outcome for the organisation. In my view, you have nothing to loose."
Tyrepower
"TLP's tender process was extremely successful. We managed to achieve material cost savings as well as an insurance programme that better reflected our risk profile. This provided a new level of confidence in our broker's services at Management and Board level, which was appreciated.

We were particularly impressed with how smoothly the process was managed with TLP doing the heavy lifting. They were professional throughout, the reporting was thorough and their understanding of the insurance broker market is excellent."
Lindis Jones
CFO
Z Energy
Testimonial(s)
“The Lion Partnership (TLP) bring a wealth of knowledge and industry experience to the negotiating table. I found the process simple and straightforward to follow.

TLP has a methodology that works and delivered a very good outcome for the organisation. In my view, you have nothing to loose."
Tyrepower
"TLP's tender process was extremely successful. We managed to achieve material cost savings as well as an insurance programme that better reflected our risk profile. This provided a new level of confidence in our broker's services at Management and Board level, which was appreciated.

We were particularly impressed with how smoothly the process was managed with TLP doing the heavy lifting. They were professional throughout, the reporting was thorough and their understanding of the insurance broker market is excellent."
Lindis Jones
CFO
Z Energy

Good brokers make a habit of tracking the latest trends and activity in the marketplace. All brokers are different; some have a wealth of resources and capabilities across multiple disciplines, others specialise in particular industries or have specific areas of expertise.

Tap into their expertise with our Statement of Capability tender management service. It allows you to compare responses from multiple insurance brokers at the same time, to assess the suitability of their different insurance strategies.

Statement of Capability Process
Our company insurance tender management service is comprehensive. Conveniently, it can run with your incumbent broker still in place. If you aren’t satisfied with your broker’s performance, have questions about your current insurance strategies, are seeking better ways to manage your costs, or simply wanting to gauge the overall efficiency of your existing arrangements, this process will give you the clarity you’re looking for.

Key benefits:

  • Allows you to capitalise on the knowledge, data, resources, and technical input of the most suitably qualified brokers in the market.
  • No need to change from your incumbent broker/advisor to benefit from the process. Many clients choose to reappoint their incumbent broker and still achieve the goals they set out to accomplish.
  • Delivers a clear snapshot of the pros and cons of your current insurance policies, and identifies opportunities to correct any newly discovered deficiencies in cover and secure better policy conditions.
  • Generates competitive tension in an open and transparent environment to maximise your chances to secure the best possible financial outcomes.
  • Enhances broker service and performance.
  • 100% flexible. Can be tailored to meet your individual needs and core specifications.
  • An excellent corporate governance exercise that demonstrates to shareholders, board members and senior executives that proper due diligence has been carried out in managing the company's insurable risks.

This tried and tested process ensures you are getting real value for money and making the best use of your insurance capital. We manage the entire process from start to finish, allowing you to focus on your core responsibilities and duties.

We have managed over 200 tender projects on behalf of organisations eager to test their insurance arrangements. Find out how we can help you as well.

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