The Context:
A broker representing a prominent life sciences company approached SWG for the renewal of an insurance policy. The company specializes in the manufacturing of feminine hygiene products, a niche market requiring tailored insurance solutions due to the sensitive nature of the products and the rigorous regulatory environment.
The Business Needs:
The broker aimed to secure a more competitive rate for their client’s Commercial General Liability (CGL) policy without compromising quality. The existing premium was high, and the goal was to obtain the same coverage at a lower cost, ensuring the client’s continued satisfaction.
Our Solution:
SWG’s underwriting team used their industry knowledge and market connections to secure a lower premium while maintaining comprehensive coverage. Through meticulous analysis and negotiation, they crafted a bespoke insurance solution, meeting and exceeding the broker’s expectations. The broker expressed immense satisfaction, praising the underwriter’s integral role in winning the account, stating, “We want you to know your underwriter was an integral part of winning this account and they went above and beyond. Their efforts are greatly appreciated. They made the win seamless, and we could not have done it without them!!”
