Retail
Industry

Retail presents unique insurance challenges due to the seasonality of the industry – frequently, it isn’t entirely clear just how much coverage is needed at any given time in the year, let alone how to negotiate the appropriate coverage with an insurance company. We help you determine the worth of your products as it pertains to the overall health of your business – no matter what loss you suffer, our experience working with insurance companies helps us make sure your risk-management plan will allow you to deal with both the short-term and long-term effects of that loss and not just the initial, superficial loss in revenue.

We know that no matter what the circumstances, your brand as a retailer is the most valuable part of your business and that your first goal is to maintain a good vendor-purchaser relationship. We do everything possible to assure that insurance doesn’t get in the way of customer service by designing liability programs that meet this need.

High impact areas we review:

  • Seasonality
  • Valuation of losses for product and inventory
  • Dependent property exposures
  • Control of liability claims
  • Insurance coverage negotiation
  • Loss forecasting
  • International supply chain reliability and insurance coverages
  • Political Risks

Industry Insights with Mitch

How well do you really understand your company's insurance?

Our risk management audit process also helps you better understand your company’s insurance program.