Service Area: Other G&A
Client Type: Portfolio Company – Computer Hardware
Service Provider Type: Outsourced Risk Management and Benefits Advisory Firm
Industry: Technology – Hardware
A computer hardware portfolio company needed to reduce its insurance costs while maintaining the current terms. The firm sought expert advice to achieve cost savings without compromising coverage.
The primary challenge was to find a solution that would lower insurance expenses without altering the existing insurance terms. The company required a specialized firm with the expertise to identify cost-saving opportunities in their insurance and benefits programs.
BluWave connected the portfolio company within 24 hours with a shortlist of outsourced risk management and benefits advisory firms. These firms were capable of analyzing the company’s insurance programs and identifying ways to reduce costs while maintaining coverage.
The chosen firm from BluWave’s short list provided the portfolio company with valuable insights and strategic advice. As a result, the company was able to significantly reduce its insurance costs without adjusting the terms, leading to improved financial performance.
