Although we work with companies from a wide range of industries, we specialize in the construction/development, manufacturing/distribution, non-profit/religious, and retail/wholesale industries. We can custom design a program to suit the requirement of companies in most any industry.
Construction & Development
Businesses in the construction and development industry confront diverse risks. Critical issues confronting such businesses range from small-scale problems to large, industry-wide issues, which not only threaten the individual business but the whole construction and development sector as well.
With that, these companies need an expert who is experienced when it comes to the needs of businesses within the construction industry in terms of insurance coverage and risk management. At HGIS, we not only provide adequate and appropriate insurance solutions but also offer a host of other activities that will help prevent or mitigate losses.
With our risk-management services, we can assist companies in the construction and development industry in addressing risks, and liability issues relative to their business and its operations. Here are some of the services we offer specifically for this industry:
Manufacturing & Distribution
If you are from the manufacturing/distribution sector, you are already aware of numerous issues confronting your industry. Some problems include:
Workers Compensation
Providing a safe working environment is imperative. You need to protect your workers as they are exposed to countless potential hazards such as electrical, chemical, and physical perils. Although that you have safety measures applied in your entire organization through policies, procedures, and technologies, there is always the risk that workers may be injured, and you have to pay not only medical bills but salaries while the employee is on leave.
Product Safety & Liability
You need to ensure that your products are produced for safe use. You have to be insured so your company is protected in cases when your products fail to deliver the goods and cause public liability. Think of losses when your products are recalled or when you have to pay medical expenses of people who were injured or got ill using your products. In addition to third party compensation, you have to include litigation cost and other legal expenses.
Non Profit / Religious Organizations
Many non-profit and religious organizations were once considered immune to litigation, but recent court decisions and statutes have greatly weakened that position. Such organizations are exposed to a wide variety of possible legal issues such as wrongful termination, tort liability, discrimination of members, personal injury, breach of contract, and parent organization liability to name some. With that, everyone behind these organizations is recognizing the legal risks involved and is interested about the extent of their liability either as individuals or as members of the organization.
As the immunity protection for non-profit as well as religious organizations are now liberalized, these organizations become vulnerable to all sorts of legal threats. Insurance coverage is one of their vital defenses to protect them against costly legal and third party claims. It is also important to take note that individual and organizations in this category are involved in various activities, which expose the entire organization and the people working individually for them their various acts of omissions, which can result to harming public interest.
To answer these questions, we have developed a coverage program that will cater to non-profit / religious organizations and examine potential liabilities their organizations and people behind it are facing. In this manner, different aspects of operations are covered and the entire organization is protected.
Retail & Wholesale Industries
At High Ground Insurance Services / United Agencies, we are concerned with risks and other critical issues concerning companies in the retail and wholesale business. Some of the common problems confronting business in this industry include inventory price and quantity fluctuations, fire and warehouse hazards, employee and worker’s negligence, product defects, among others. The potential financial loss as an effect of these risks and critical factors cannot be disregarded and if your business is not protected, you might end up losing your business altogether.
It is for this reason that businesses in the retail and wholesale industry must be covered with appropriate and adequate insurance coverage to compensate whatever losses your business may possibly be exposed with at some future point in time. Adequate insurance coverage means that every angle of your business is protected from Manpower to materials and from assets to liabilities. Appropriate insurance coverage deals not only with finding out how much insurance should be covered but also include assessments of risks, designing and implementing resolution for critical issues, including management plans and programs, contract review, insurance audit consultation, among others.