WHAT'S YOUR RENEWAL STRATEGY?
TOO MANY QUOTES CAN WASTE TIME.
TOO FAST AND YOU MIGHT MISS SOMETHING.
Rikor leverages your entire franchise as purchasing power to get preferential treatment from carriers. As experts in your brand, Rikor is here to consult with you about your unique business risks. Rikor has exceptionally high close ratios. That means our rates are competitive, you can rest assured you’re getting the best option.
60+
Franchises trust rikor with their preferred broker appointment
7+
Franchise platforms trust rikor with their preferred broker appointment
8/10
8 in 10 quotes are bound
DID YOU ALREADY TRY LAST YEAR?
Every year rates change, markets change, and Carriers make big moves. In our experience the opportunity is still wide open. If we thought quoting your insurance was still a waste of our time, then we wouldn’t suggest it. Our consultants are ready to take your insurance to market and get you the best option. We strongly suggest including rikor in your renewal strategy to protect you from being under-insured, uninsured, and checking your policy for unexpected exclusions. After all, what good is insurance if it’s not done properly? Protecting your investment is paramount.
EXCLUSIONS
Our agents find exclusions in our clients’ policies that can create unexpected ‘uninsured claims.”
Service Name
UNDER-INSURED
When we review policies that are underinsured we can make recommendations that will protect the client from an ‘uninsured claim.’
Service Name
UNINSURED
If our consultants find the client is missing critical coverage, we can save the client from unintentional exposure. Protecting their investment.
HERE ARE YOUR RENEWAL STRATEGY OPTIONS...
WANT TO REVIEW YOUR OPTIONS? THERE ARE SEVERAL WAYS THIS CAN GO DEPENDING ON THE BUSINESS OWNER AND HOW THEY OPERATE THEIR BUSINESS.
FEELING LUCKY
“MY STATE DOESN'T REQUIRE WORKERS COMPENSATION”
Fair enough but hear me out. Just because a state doesn’t mandate workers compensation, won’t stop an employee from making a claim.
“ALL MY GUYS ARE 1099. WE'RE GOOD, NO THANKS.”
Be that as it may, if your 1099 subcontractor is injured, you (business owner) are liable.
“HEY, THAT'S GREAT, BUT WE'RE NOT DOING ANYTHING CRAZY. SUPER LOW RISK."
Driving without a seatbelt is risky, but you don’t have to wear it. There are airbags in cars for a reason. We hope for the best and plan for the worst. A business is the most important thing you own. Why risk it?
LOCAL BROKER
“I HAVE AN AGENT"
We assume every business has one. We are not just another agent. We are not trading out one agent for another. Rikor scales with your business, allowing you and all other owners to benefit from your purchasing power. This happens at scale, and your business reaps the rewards of collective purchasing. Something you don’t get at the local level.
“I ALREADY HAVE COVERAGE”
We completely understand you have a policy, every business owner has it. What we find is that our insurance analysis commonly finds areas of exposure. Business owners benefit greatly from a preferred broker like Rikor, who looks at the policies in depth on your behalf.
“I JUST CARE ABOUT PRICE"
We are always competitive. Our current closure rate is so high that we are confident we are totally competitive with the market. How else would we close more than 75% of open business? If we’re getting your colleagues business, we’re doing something right.
✔ PREFERRED BROKER
✔ PURCHASING POWER
Your purchasing power is diluted if every franchisee purchases insurance on the market alone. This provides short-term independence and control. But by leveraging your franchise, you pool your collective buying power. This in turn gives you (business owner); favorable terms, favorable underwriting, faster turn-around times, low friction approvals, carrier access. In the long run, you get much more than you imagined. This is one of the many benefits of “franchising” that are exclusive to your business model.
✔ EXPERTS IN FRANCHISING
Accuracy is key when insuring a business. Wrong industry classifications and a myriad of other oversights can spell disaster down the road. Insurance is there to stave off problems, but when a policy isn’t done right, audits and non-renewals are just around the corner. Get an expert in franchising. Get a Rikor Consultant.
✔ COMPETITIVE RATES
If we’re getting your colleagues business, we’re doing something right. How else would we close more than 75% of open business? In fact, market rates are the same across the board. So we’re always making sure our business owners are getting the best possible option.
