The complexities of insurance can be overwhelming, but the steps to obtaining proper coverage are simple. A company’s insurance program must be linked to the unique needs and risks of the business for insurance to respond effectively. At CPG, we develop an insurance plan for our clientele by synchronizing our clients’ business strategy and accompanying risks. We assess existing exposures, analyze coverage gaps, and monitor insurance requirements to allow the insurance program to evolve with the needs of any growing business.

CPG’s Pyramid Program

Bringing your business strategy into play

CPG works with your team to better understand, package, and communicate your business strategy to your insurance representatives. This knowledge creates greater understanding and transparency of your operations, resulting in better coverage and premium savings.

Key process steps:

  • Engage your team around corporate objectives
  • Understand your business operations and exposures
  • Package information for insurance representatives
pyramid strategy

Fostering a risk management culture

Critical to any insurance and risk management strategy is comprehensive knowledge of your risks. With a clear understanding of your business, we work with your team to identify and close risk gaps and implement the required processes to ensure risk management activities are embedded into your day-to-day activities.

Key process steps:

  • Establish framework for managing risk
  • Close critical risk gap exposures
  • Leverage risk framework to lower premiums
pyramid risk

Building the optimal insurance program

With a full understanding of your business strategy, operations, and insurance related exposures, this step targets your existing insurance program. We identify coverage gaps and establish an insurance program framework for optimal protection.

Key process steps:

  • Evaluate design coverage requirements
  • Define optimal insurance program design
  • Execute and manage insurance buying strategy
pyramid design

Supporting your business objectives

Professional oversight helps to ensure risk gaps are closed and your insurance program is aligned with your ever-changing business. CPG works with your team to monitor ongoing operational exposures so you do not have to – allowing you to focus on growing your core business.

Key process steps:

  • Executive reporting and compliance oversight
  • Premium reduction planning and monitoring
  • Manage insurance risks and exposures
pyramid manage

Our Experience

Clients working through our 4-step process generally experience the following:

3x client savings in excess of our fee

10% reduction in insurance premium

Increase in our clients’ profitability

Protection of our clients’ balance sheet