RMIS includes years of experience in a very broad array of industries and products, but of most importance are the actual, measurable ROI’s for our clients which include, but are not limited to:

• Successfully placed property insurance coverage for a large health-care client with several billion in property values throughout the Gulf Coast states via a layered & quota-shared program utilizing 15 domestic and off-shore insurance carriers – negotiated shortly after the 2004-2005 hurricane season
• Restructured a steel manufacturing client’s insurance program, reducing annual insurance premium by $500,000 – part of the re-structure included the use of Loss Limits for the property program, where property values were distributed over multiple locations along the Eastern seaboard
• Provided M&A due diligence to clients, which discovered unfunded and under-funded liabilities in potential acquisitions, allowing Definitive Agreements to be renegotiated; also discovered a client’s potential acquisition had an undisclosed liability, allowing them to “walk away,” preventing them from seriously jeopardizing their balance sheet
• Implemented and fine-tuned Loss Control and Claims Management programs allowing clients to specifically identify problem areas, apply risk control techniques in a specific way to those areas, and thereby reduce ultimate costs, providing a significant return on investment
• Through a process of actuarial and financial analysis, reduced a client’s insurance program collateral by $300,000 annually
• Modified temporary employment contracts for an inter-rail transport client to transfer liability to the employee leasing company – which saved them the defense costs associated with a subsequent employment practices lawsuit via the hold harmless verbiage integrated into the contracts
• Designed a workers’ compensation program for an employee leasing firm that provided a separate revenue stream, generating an additional $1MM annually; reduced another employee leasing company’s workers’ compensation insurance funding rate by demonstrating an actuarially sound loss projection to the insurance carrier, increasing the client’s profit margin by 3 points
• Successfully provided a Professional Liability alternative to a healthcare client, by offering a traditional insurance product over the existing captive – the ultimate program costs for the traditional approach was over $500K less than the annual captive premium & assessments
• Integrally involved in adjusting First Party (property) and Third Party (liability) claims; able to review insurance contracts for applicable coverage; specifically managed the settlement of large ($5MM+) property claims (pursuant to 2005 hurricane season) by working with the carrier and forensics CPA to determine covered amounts for both direct & time element coverage
• Assisted a telecommunications client to create a Contracts Department by teaching contract review to newly hired legal staff as it applied to the risk management of the corporate operations; originally, provided all contract review for the client, then mentored internal legal staff in risk management (client grew from 50 to over 5,000 employees and was subsequently purchased by a larger publicly-traded firm)
• Created a complete operational agency infrastructure by establishing formal processes and procedures; implemented an electronic Agency Management System by defining the architecture of the system to encompass all current and future joint ventures, and customized the system’s general ledger files to the agency; created and maintained the agency’s actual and pro-forma financial statements, identifying monthly burn rates, areas of greatest expense, and benchmarking employee productivity to industry standards; recruited, managed, trained and mentored skilled employees
• Created a business plan for an HVAC sheet metal fabrication company, allowing them to obtain an SBA loan of almost $4MM; the strength of the business plan resulted in the bank inviting the owners to be filmed in one of the bank’s advertisements