RESULTS

Bedding Manufacturer Recovers $1 Million After Risk Evaluation

Services Provided
Risk Management

Industry
Manufacturing

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Valued at $2 Million, the Bedding Manufacturer wanted help to streamline and evaluate their claims processes.

They consulted with Risk International to help with several strategies to keep costs down and recover money in legacy claims and collateral.

The Stats

850 Employees

10 Months
Speed of Capture

$10+ Mil
Shareholder Value Creation

Engagement

  • • Engaged to evaluate risk and insurance programs
  • • Benchmarked Total Cost of Risk (TCOR) relative to peers
  • • Evaluated and streamlined all claims vendors
  • • Pursued recovery strategies for legacy claims and collateral
  • • Created competitive tension and implemented best practices to optimize results

Premiums Lowered By $1 Million

  • 33% TCOR Reduction
  • Recovered $1 million in collateral and claims
  • No incremental cost to company

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