Are you an expert or do you need one?

For Commercial Buyers

Commercial Insurance Services

Insurance policies are specialized legal contracts. Sometimes clients just want the facts with no strings attached. NICExperts arranges remote and/or on-site visits to assess potential risk exposures, and review contracts, policies, or wordings. Our specialists bring:

  • In-depth understanding of insurance markets, products, and processes
  • Technical expertise in various disciplines, specialties, and languages
  • Independent and objective advice with outside-the-box thinking

Enterprise Risk Management Reviews

Risk exposures are everywhere and to manage them properly, firms need to first be aware of them. Our specialists help identify, understand, and analyze risk exposures, assess appropriate and cost-effective risk controls, and discuss various options to close gaps, whether or not measures involve an insurance policy. Our specialists provide:

  • Thorough and quick identification of key risk exposures
  • Willingness to work with any insurer or intermediary on your behalf
  • Our goal is to make organizations self sufficient by helping teams integrate Enterprise Risk Management as part of their daily activities and internal risk management programs.

Custom Consulting Services

We help our clients be their best by:

  • Providing an impartial or expert opinion, or specialized experience to move insurance and risk management projects along
  • Helping commercial clients with in-sourced insurance operations (e.g., audit training,)
  • Designing and implementing tailored insurance training and development programs and seminars
  • Assisting with product reviews by comparing wordings, contracts, and leases

We are the team for commercial clients considering:

  • Alternate insurance options
  • Supplementing internal insurance teams
  • New insurance systems or procedures
  • Implementing insurance best practices

Our team has decades of experience working for and consulting with insurers, MGAs, brokerages of all sizes, and clients across North America, which allows us to bring a fresh viewpoint to the table. We help prioritize and focus internal insurance ideas and can inject external ideas.

Custom Consulting Services & Training

With a wealth of experience at your fingertips, independent insurance specialists provide an impartial or expert opinion to move insurance and risk management projects along.

Custom Consulting Services & Training

With a wealth of experience at your fingertips, independent insurance specialists help you get over the hump, fill the gap, or help out until you find an expert of your own.

Underwriting & Claims Technical Audits

With subject-matter experts in multiple fields and disciplines, technical underwriting & claims file audits span a diverse range of portfolios.

Custom Consulting Services

Be your best with an impartial or expert opinion to move projects forward, assist with new system implementations, or discuss risk management, claims, and underwriting questions with an impartial third party.

Sales Training and Brokerage Relations

With a wealth of underwriting, claims, and intermediary experience, independent insurance specialists help mutuals achieve volume targets with sales training focused on building broker relationships.

Strategic and Operational Reviews

With decades of experience working for and consulting with stock and mutual insurers in addition to insurance agency and brokerage operations, NICExperts help prioritize and focus internal ideas to improve operating efficiencies.

Commercial Insurance – Underwriting Audit and Training

With a wealth of underwriting and claims experience, commercial insurance training is customized to commercial lines portfolio results. Audit results help focus training, wording, or operational changes to offer better risk selection and portfolio management.

Home, Auto, and Farm Insurance – Underwriting & Claims Audits

With subject-matter experts in multiple fields and disciplines, technical underwriting & claims file audits span a diverse range of personal and farm portfolios.

Part of the Team

Call us to supplement your insurance or risk management tea, discuss alternate insurance solutions, design or implement new insurance systems, or help implement insurance best practices.

Enterprise Risk Management Reviews

Quick Summary: With the ability to work with any insurer or intermediary on your behalf, NICExperts help identify, understand, and analyze risk exposures to discuss appropriate and cost-effective controls including insurance and non-insurance solutions.

Commercial Insurance Services

With no strings attached and no capability to place your insurance, NICExperts arrange remote or on-site visits to assess potential risk exposures or review contracts, policies, or wordings.

Operational & Enterprise Risk Management Reviews

With decades of experience working for and consulting with reinsurers, insurers, MGAs, and brokerages of all sizes, NICExperts bring fresh ideas to improve delegated authority and internal operating efficiencies.

Navigating Delegated Authority

Taking on delegated authority operations for the first time requires proper balancing of existing operations against new contractual requirements. A well-researched plan saves time, money, and effort in the long run.

Peer Review & Agency Audits

Design and implementation of, and training on internal or delegated authority audits independently or as partners of the agency's own team.

Insurance Audit Services

With the goal of continuous improvement, peer review or internal audit programs focus on clear & concise communications to work within existing best practices. Standard or tailored scopes of work handled remotely or on-site, are available in English or French. Licensed professionals familiar with local regulation are available on request.

Custom Consulting Services

With a wealth of experience at your fingertips, independent insurance specialists help you get over the hump, fill the gap, or help out until you find an expert of your own.

Expert Witness

Fact-based opinions are measured against relevant and appropriate professional, regulatory, and industry standards to assess technical and operational strengths and weaknesses.

Pre-Agency, Due Diligence & Run-Off Reviews

Focus is to work with onboarding teams to ensure early success before delegated authority partnerships begin or when contract changes require follow up review.

Operational Reviews

With decades of experience working for and consulting with reinsurers, insurers, MGAs, and brokerages of all sizes, NICExperts bring fresh ideas to improve delegated authority and internal operating efficiencies

Bordereaux & Reporting Reviews

Focus is on bordereaux trends, outliers, premium funds tracking, claims fund management, and satisfactory reporting requirements. Custom reviews and beta testing is available for on-line systems

Agency Compliance Reviews

Compliance reviews focus on corporate ownership, company policies, and testing of regulatory, legal, tax, and licensing oversight.

Peer Review and Agency Audits

The most comprehensive reviews can include a mix of multiple functional areas including company, compliance, underwriting, claims, operations, IT, bordereaux, and accounting.

Insurance and Audit Services

With continuous improvement and relationship building as a common goal, Delegated Authority or Internal Audits focus on clear & concise communications to generate open discussions about findings and resolutions. Standard or tailored scopes of work, remote or on-site, are available in English or French

Lloyd’s Coverholder & Third-Party Administrator (TPA) Audits

Focus is to work with onboarding teams to ensure early success before delegated authority partnerships begin or when contract changes require follow up review.

Lloyd’s Operational Reviews

With decades of experience working for and consulting with Lloyd's Managing Agents, Coverholders, DCAs, and brokerages of all sizes, NICExperts bring fresh ideas to improve delegated authority efficiencies.

Lloyd’s Bordereaux & Reporting Reviews

Focus is on bordereaux trends, outliers, premium funds tracking, claims fund management, and satisfactory reporting requirements. Custom reviews and beta testing is available for on-line systems.

Lloyd’s Underwriting & Claims Technical Audits

With subject-matter experts in multiple fields and disciplines, technical underwriting & claims file audits span a diverse range of portfolios.

Lloyd’s Compliance Reviews

Compliance reviews focus on corporate ownership, company policies, and testing of regulatory, legal, tax, and licensing oversight.

Lloyd's CH & Delegated Claims Administrator (DCA) Audits

The most comprehensive reviews include multiple functional areas including company, compliance, underwriting, claims, operations, IT, bordereaux, and accounting.

Lloyd’s Delegated Authority Insurance & Audit Services

With continuous improvement and relationship building as a common goal, Delegated Authority Audits focus on clear & concise communications to generate open discussions about findings and resolutions. Standard or tailored scopes of work, remote or on-site, are available in English or French.