Weathering the Storm
 

Weathering the Storm

"If you are going through hell, keep going."
~Winston Churchill

During these unprecedented and turbulent times, we are here to assist you by applying our 25+ years of experience to help you deal with the demands and uncertainties you are facing.

 

To help agencies address these issues, we are offering Zoom sessions to work one-on-one with your agency so we can discuss strategies and solutions important to you. A list of some of the special issues confronting agencies is shown below. Each one hour session is $350.

Please contact us and let us know what topics you'd like to cover and how we can help.

Surviving Challenges

Surviving Today's Challenges

E&O

  1. Handling claims and coverage questions

  2. Difference between a claim inquiry and a claim

  3. Bad faith claims when carriers are overloaded

Coverages

​Learn how to address these coverages with your clients:

  1. Business Income

  2. Contingent Business Income

  3. Property Damage

  4. Interpreting Policy Language Including the Omissions

  5. Workers’ Comp

  6. D&O

  7. Reading Contracts

Sales

  1. Is now the right time to sell the right coverages?

  2. Is it the right time to address prospective clients’ coverage frustrations?

Proposed BI Legislation

  1. Insurance Carriers Must Provide Coverage

  2. Banks will become de facto BI insurance companies to be reimbursed by the government or backstopped for loans covering BI claims

  3. Stopping insurance premium payments

Building for Success

Building for Tomorrow's Success

E&O

  1. Improved procedures after the fact

  2. Reading contracts

Agency Management

  1. Carrier downgrades

  2. Choosing carriers and how to prepare for a potential harder market

  3. Dealing with stopped commissions and premiums delays

  4. Banking Solutions

  5. Collecting money/DB vs AB/Rewrites

  6. Audit Returns

  7. Working Capital

  8. Being the best place for quality employees

Coverages

​Learn how to address these coverages with your clients:

  1. Business Income

  2. Contingent Business Income

  3. Property Damage

  4. Interpreting Policy Language Including the Omissions

  5. Workers’ Comp

  6. D&O

  7. Reading Contracts

Sales

Are you ready to be the hero?​

  1. Coverage knowledge

  2. Captives

  3. Reading Contracts (Force Majeure as an example)

  4. Risk Managers

215 S. Victoria St., Suite E

Pueblo, CO 81003

p: 719.485.3868

Burand & Associates, LLC is an advocate of agencies which constructively manage and improve their contingency contracts by learning how to negotiate and use their contingency contracts more effectively. We maintain that agents can achieve considerably better results without ever taking actions that are detrimental or disadvantageous to the insureds. We have never and would not ever recommend an agent or agency implement a policy or otherwise advocate increasing its contingency income ahead of the insureds' interests.

A complete understanding of the subjects covered on this Web site may require broader and additional knowledge beyond the information presented. None of the materials on this site should be construed as offering legal advice, and the specific advice of legal counsel is recommended before acting on any matter discussed on this site. Regulated individuals/entities should also ensure that they comply with all applicable laws, rules, and regulations.

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