RETAIL AND WHOLESALE

 

We have worked with retail stores and wholesale businesses in various industries, from large, one location stores owned locally to franchised retail stores. Retailers and Wholesalers are perfect candidates to receive independent risk management guidance as they typically have large insurance premiums with a good amount of claim activity but are not so large that they can afford or frankly need a full time risk manager.

 

Retailers and Wholesalers have unique risk and insurance issues that need to be identified, evaluated and managed by an independent insurance advisor such as:

 

• Exposure to Business Interruption and Contingent Business Interruption.

• Supply Chain Risks

• Large Inventory values that need to be insured properly in order to protect your balance sheet.

• Transit and cargo exposures that need to be analyzed so goods in transit are properly insured and not over or under insured.

• Worker's Compensation claim issues due to bending and lifting material.

• Exposure to General Liability claims due to slip and falls on the premises or stores.

• Safety programs that need to be drafted, implemented and monitored.

• Exposure to Employment Practice Liability claims due to the nature of the workforce.

• Wage and Hour claims.