Elam Consulting, Inc.
"During my many years selling property and casualty insurance, life and employee benefit programs, I saw a vital need for an insurance consulting service. This service would provide insurance buyers with professional but hassle-free advice on how to control their costs and enhance the quality of their insurance program. That’s what we provide our clients and the business community."
Insurance Consulting
Primary Services
Risk Analysis
- Conducting Exposure Surveys on Client Premises
- Comparing Exposures Surveyed to Existing Coverage
- Written Report of Over or Under Insurance and Policy Deficiencies
- Meeting With Client on Report
Review of Policies Delivered
- Ongoing Monitoring of Policies Compared to Quoted Coverage
- Review of Interim Policy Endorsements
- Review of Interim Coverage and Premium Changes
- Monitoring of Exposure Rate Basis
Bid Specifications and Account Marketing
- Development of Written Bid Specifications
- Specifications Comprehensive to Coverages and Services Needed
- Management of Quoting Process
- Information Updates to All Quoting Agents
Bid Analysis
- Meetings With Quoting Agents Delivering Bids
- Clarification and Detailed Examination of All Submitted Quotations
- Written Detailed Bid Analysis
- Presentation and Review of Bid Analysis With Client
Contract Review
- Review for Insurance Requirements
- Defense, Hold Harmless, Indemnification, Additional Insured, Waiver of Subrogation
Secondary Services As Needed
- Coverage Determination
- Claim Assistance and Negotiation
- Expert Witness and Litigation Support
- Merger and Acquisition Review
- Audit Assistance and Verification
- Experience Modifier Assistance