Contractor Reduces Premium 25%, Avoids Coverage Gap
Hylant quickly helped this growing business avoid exposure, maintain compliance, and secure a cost-effective program tailored to its evolving risk profile.
Challenge
A high-end custom roof contractor faced a challenge: rapid expansion exceeded their insurer’s geographic limits, prompting a non-renewal notice and a looming 40-day countdown to avoid a coverage gap.
A lapse would have risked liability exposure, regulatory issues, and forced entry into a costly, restrictive assigned insurance plan with long-term consequences.
With time short, the company’s risk manager turned to Hylant for expert help.
Solution
Hylant launched its rapid market selection process and tapped its construction practice—experts in high-risk roofing. The team initiated a competitive bid strategy tailored to the client’s risk profile.
Working late into the night, they analyzed policy language and built a custom insurance program to meet underwriting demands and real-world risks. Each submission met the risk manager’s high standards for documentation, exposure clarity, and broad coverage.
The result: timely coverage, improved risk posture, and a 25% drop in casualty premiums.
Partnering with a broker specializing in your industry can save you time and money and position you for long-term growth and resilience.
Results for the Client
25% Saved
Casualty premium was significantly reduced.
$100K Additional Cost Avoided
A niche workers’ comp solution was secured instead of a JUA plan.
Broadened Coverage
The business remains secure as its footprint expands.
Trusted Advisors
Hylant team members are ready to advise you and help you confidently address your needs.
