Reducing Insurance Costs for Computer Hardware Company

Service Area: Other G&A

Client Type: Portfolio Company – Computer Hardware

Service Provider Type: Outsourced Risk Management and Benefits Advisory Firm

Industry: Technology – Hardware

The Need
Reducing Insurance Costs Without Adjusting Terms

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 Challenge
Balancing Cost Reduction with Maintaining 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.

How BluWave Helped
Connecting with a Specialized Risk Management Firm

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 Result
Achieved Significant Insurance Cost Savings

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.

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