The Context
A broker approached SWG with a unique insurance request for a tattoo risk that included five locations in and around Southern Ontario. Each location was owned by the same individual but operated under different numbered companies, necessitating separate policies for each.
The Business Needs
The broker’s primary objective was to secure affordable insurance solutions for their client, covering both liability and property. Given the separate entities for each location, individual policies were required. The broker aimed to find a provider that could offer competitive rates, potentially lower
deductibles, and favorable policy terms to ensure comprehensive coverage for all five locations.
Our Solution
SWG addressed the broker’s needs by offering tailored insurance solutions. For liability coverage, SWG provided unique deductible options. SWG also reduced the policy fee due to the number of liability policies required. SWG’s property coverage offered better rates than the expiring MGA. These benefits led to the issuance of five liability and property policies. A year later, SWG successfully renewed the policies, showing client satisfaction and retention.
