How We Work

At Edge, our commitment is to help protect companies, business owners, and individuals against a variety of risks they might face, through customized products and services, access to several top-rated insurance companies, and competitive, fair pricing.

Perseverance, innovation, and unparalleled expertise fuel our efforts to solve problems and achieve real results. We persist to improve the way we serve clients by enhancing the efficiency and effectiveness of our processes, systems and operating models. Our backbone for success continues to be driven by our “Client First” approach.

As an independent broker, we are not limited to one company’s products; rather, we have access to an array of insurers and coverages sufficient to meet any customers’ specific situations and needs. Our business is to provide sound insurance solutions for businesses and individuals alike. We emphasize on designing personalized solutions to meet the requirements of our customers, quantify and manage risks in a professional way and establish long-lasting associations with our partners.

Edge utilizes a team approach to address our clients’ insurance and risk management needs. An in-depth working knowledge of the insurance market, enables us to provide professional objective advice on identifying risks and exposures, and recommending cost-effective solutions. Briefly, here’s how assist our clients:

A ‘Get to Know’ Session

we will conduct an initial discussion to establish a proper understanding of your insurance requirements and help assess your risks to determine the level of insurance cover you may require, limits to be sought and cost.

A ‘Gather Information’ Meeting

we get together with the key people from your company to agree the scope of data required from you and obtain all material risk information.

Broker of Record

You must then execute a “Broker of Record Letter” in favor of Edge Insurance Brokers LLC. The BOR will be presented to the insurance companies to allow them to recognize Edge as having the authority to represent you, act on your behalf to communicate with them for the purpose of negotiating rates, plan options, claim assistance and has your authority to bind coverage on your behalf.

Placement

We will discuss premium payment terms and take diligent and timely measures to implement your instructions to bind coverage. We will complete the placement of the required insurances with the Insurers which you have agreed to be used before its intended date of inception, renewal or extension

Results Meeting

We will negotiate with Insurers on your behalf and present the quotations received and terms indicated in the form of a comparison, in such a manner as to enable you to evaluate the options and make an informed decision on which insurance to purchase. Any additional options or cover improvements will also be supplied along with our recommendations.

Risk Presentation to Market

Upon receipt of information from you, we will review the risks to be insured, claims profile, potential insurers and options, then prepare and present an insurance submission to a selection of appropriate Insurers, to obtain best cover and terms available.

 

Post Placement Services

We welcome you as a valued client of Edge Insurance Brokers and will build a long-term relationship with you, constantly exceeding service standards and expectations

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