Case Study

Commercial Manufacturer: Going “Unbundled”

Old Republic Risk Management (ORRM) was contacted by a major broker for a large commercial manufacturer insured who had a traditional bundled insurance program, where the insurance carrier handled all the claims and risk control services. The insured was dissatisfied with the level of service they were receiving from the incumbent’s claim operation and wanted to seek alternatives in the unbundled marketplace.

The insured interviewed several Third Party Administrators (TPA) and decided early-on in the process that they wanted an unbundled insurance carrier where they had the freedom to choose a TPA that best fit their business and operating philosophies. ORRM was eventually chosen as the carrier due to their extensive experience with a variety of TPA’s and our straight-forward responsive approach in the underwriting and quote process.

ORRM was able to put forth solutions to the insured and broker that helped facilitate the move to an unbundled insurance program. By leveraging their extensive experience customizing unbundled programs, ORRM was able to tailor a solution that assisted in streamlining the insured’s risk management program.

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