MSG is an insurance consulting firm experienced in designing, purchasing and then managing insurance programs for clients in a wide range of industries around the globe. We are not affiliated or associated with any commercial insurance broker and we do not sell commercial insurance. As independent insurance consultants, we receive no commissions or fees from insurance carriers, brokers or agents.Because of this, we are free of any influence of pressure, enabling us to custom design the insurance and risk management program that will best suit your needs.
Due to our independence, we provide timely, unbiased advice that helps clients make informed decisions about their risk management program. We cut through the confusion of insurance language and assist you in having a thorough understanding of your coverages and how they relate to your specific exposures and the risks they face. Our services allow our clients to know that at any given moment in the insurance market cycle, they are paying the lowest possible premiums while enjoying the broadest terms and conditions of coverage available.
Would you buy a home or commercial building without having your attorney review the contract of sale? Would you go to an IRS audit without your accountant? Your company’s insurance program is a major acquisition and protects all the assets of the business. Yet it is often made with no oversight from an unbiased professional. Insurance agents work for and are typically paid by, the insurance carrier.MSG is compensated by, and works solely for, our clients. Our only goal is obtain the most comprehensive insurance program available at the most competitive premium.
We cannot tell what an appropriate fee will be for our services without first analyzing your specific situation. We will do this for free and provide a detailed proposal for services. Our fee is based on a variety of factors such as the client’s industry, annual sales volume, total payroll, types and number of assets, total number of insurance policies under management, claims frequency & severity, etc.Although we can’t make any promises, it is frequently the case that our management of our clients’ insurance program enables them to save considerably more money than our fee.
800 clients. MSG Consulting is a specialty practice group within UIC that has a niche within the following industries: Real Estate Owners/Managers/Developers, Construction, Manufacturing & Distribution, Retail, and Private Equity due diligence/portfolio company management. Currently, on behalf of our clients we manage just over $1 Billion of property and casualty insurance premiums; that gives us tremendous buying power which our clients benefit from. This also gives us access to special programs, direct writers, as well as pricing individual consumers cannot obtain on their own.
Of course. Frequently, our clients have long-established relationships with their current brokers and we are instructed to leave those relationships intact. In those circumstances, we work very closely with the current broker with the aim of improving the terms and management of the insurance program. However, broker competition is often necessary to drive obtainment of the best pricing and terms for our clients.
There are many ways to transfer risk and an insurance policy is just one of them. We also manage the day to day risk management activities of our clients such as lease and vendor insurance agreement reviews, analyzing insurance premium invoices, loan covenant review, claims handling, audit support, etc.We become your risk management department so you can focus on what you do best; running your business.