SureWATCH^®

Insurance Coverage is Only the Beginning

Many businesses make incomplete use of their ability to transfer risk contractually through the use of well-crafted indemnity provisions, focused contractual insurance requirements and monitoring protocols.  These agreements, many times overlooked by attorneys who are not insurance specialists, make certain that business partners fulfill their obligations to provide insurance coverage to your business.

While some insurance brokers claim to provide this service, many are not qualified to review and analyze contractual insurance clauses, and may make crucial errors in the process.  Sterling Risk Consulting's staff of experts is without peer in this area, providing independent analysis of a business' most crucial relationships.

We customize risk transfer and insurance requirements in a number of situations, including the following:

• Construction agreements, including professional liability provisions and subcontractors' liability;
• Leases and real estate transactions;
• procedures for making certain that Certificates of Insurance are revised and checked properly;
• Shipping and distribution agreements;
• Joint Ventures;
• Equipment leasing;

SureWATCH® Provides In Depth Contract Analysis and Risk Transfer Management:

Most of the risk involved with your company’s operations can be assumed by your vendors, sub-contractors, tenants and service providers. Our in-house experts will analyze your contractual agreements to ensure that your business is protected by your written agreements and that the written agreements are being enforced through risk transfer. The service includes the following:

In-house review and evaluations of contracts, leases and other agreements

I. Review of indemnity agreements

II. Review of hold harmless clauses

III. Review of additional insured wording

Monitor coverage for third parties through our certificate management service

I. Ensures that risk transfers are being used and enforced

II. Verifies that risk transfers are valid and binding

III. Decreases your exposure to losses incurred by the third party

Allowing our experts to perform the service of verifying and enforcing the risk transfer increases your productivity and profitability by making sure you are protected without you having to be involved in the transaction. Effective risk transfers reduce your Risk Profile, which decreases your premiums

SureRISK®