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 Responsive,
creative problem-solving skills. Clients count on their
Wortham advisors to tackle difficult issues with expertise
and innovative thinking. As a large distribution company
added more warehouses, it encountered increasing property
insurance premiums. Focused on the client’s budget goals,
Wortham’s fire protection engineers analyzed the various
buildings and contents and identified a key problem: an
assortment of facilities with inconsistent fire protection
systems and construction combined with numerous, complicated
municipal codes. Wortham recommended steps to improve
the company’s fire and loss protection, which in turn
would qualify for lower insurance rates and premiums, and
the selection of an underwriter experienced in highly protected
risk property. Our specialists worked in tandem with the underwriter
and developed an extensive program, including new sprinkler
systems, updated construction specifications and detailed
surveys. The outcome: safer operations, lower premiums
and a positive relationship between the client and its insurance
carrier. |
Wortham brings years of experience and knowledge to
companies in the retail and wholesale distribution industries.
Our clients range from local and regional firms to industry
leaders. We understand the challenges that retailers
and distributors face, including the competitive nature
of these businesses and the drive to be cost effective
in all aspects of your operations.
An essential service that Wortham provides to our retail
and distribution clients is extensive expertise
in risk management. In particular, our specialists
in property and casualty coverages play an integral role
in assisting clients with large retained loss and risk
transfer programs. We develop risk management strategies
for clients to help improve operations and lower costs
through retention analysis and projections, fire protection
engineering for facilities, claims support and advanced
risk management information and related services.
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