13100 Northwest Fwy
What we have learned over the years is that no one personally checks or reviews their insurance policies after renewal to INSPECT WHAT THEY EXPECT from their insurance broker. With the best of intentions, they prudently ask their broker to put in place the most comprehensive policies at the lowest premium, and their relationship broker does the best they can with the resources they have.
Depending on coverage part or risk class, this process unknowingly contains thousands of variables that leave clients vulnerable and exposed.
For this reason, we developed a revolutionary process that drives value and integrity in the risk management process: integRISK.
In 2018, our team results have produced the following metrics.
"Insurance is one of our highest business expenses, and yet I did not understand the major details of our various policies. Through Solv’s policy audit program, the needed policy highpoints were made understandable, which empowered me to mitigate risk by choosing the right policy with the right policy details and save money because their audit discovered that we were overpaying for insurance in multiple ways."
The Springs Wedding Venue Experts
“These guys are the best - seriously, we’ve worked with other groups and it amazes me the lack of care that others have provided. SOLV makes me feel like I’m the only client, all while providing superior service and prices that have beat the competition. “
Blue Lions Holdings
“Solv Risk Solutions was very helpful in helping us match our insurance to our risk. We thought our cyber policy covered us for hacking, but turns out, it didn't cover us for security breaches in any capacity. We had no idea our coverage was leaving us so exposed. After dealing with Solv, I cannot stress the importance of this service enough. They identified our problems and found solutions that exactly match our business model and plan. Now, we have better insurance than ever and feel completely safe with the coverage we have in the event of a disaster. Every high-risk or data-focused business needs this service.”
- Kai HuangPayment Approved
"Risk Solutions has covered our medical device company's insurance protection needs in every regard; from liability to Executive to industry-specific needs and cyber-protection. Frank and his team provide efficient, friendly, and professional service without losing their focus on competitive rates with industry-leading, best-in-class coverage. I cannot recommend SOLV strongly enough if you are a business owner or leader."
"You never know how good your advisors are until you have an audit or a third-party assessment. During my recent due diligence process, I was floored to see the difference between what Frank Barbella and the Risk Solv team provided me vs. what the other party recommended. I am blessed I got to work with Frank and team and would recommend them to anyone"
Mavens Consulting Services, Inc.
"They sat down with us, learned about our company and helped us determine exactly what coverage we needed at a price we could afford while protecting us and the new business. They were professional, knowledgeable and fast. We received a quote with all the options we asked for in less than 24 hours. We had a quote, all of our questions answered and coverage in a matter of a few days. The best part of the experience was being able to talk to an actual person and the peace of mind that we have the proper coverage.”
A law firm had us perform diligence on their Lawyers Professional program. This firm had completed an application the previous four years, documenting that 60% of their revenue came from Temporary or Of Counsel. While their broker had communicated a specialization in law firms, we found they had several significant risk factors, including an exclusion for Temporary and Of Counsel.
A mold remediation contractor, engaged us to help him understand his policies and reduce his overall premiums. We performed diligence and found several issues. He had expressed he was very happy with his current brokers service and was not looking to make a change until our diligence team found that his General Liability, Pollution Liability, and Professional Liability policies all excluded Mold.
A multi-state services contractor had multiple policies so they could maximize their premiums. During diligence we discovered only one of the auto policies was listed on the schedule of underlying limits on the umbrella, so only 25% of their fleet was covered. After taking over the policies and fixing the errors, three years later one of their drivers crossed the center line, killing a 42-year old woman.
An equipment manufacturer with over 100,000 square feet spread across four buildings assumed they were covered by a policy from one of the largest bank-owned brokerage firms. When we completed diligence, we found the proposal given by the agency had all four buildings listed, but the policies covering the buildings only had three insured.