October 26, 2009 : Study shows KMRD delivers savings in the short term when selected as exclusive representative to the insurance marketplace

KMRD performed an in-depth analysis that confirmed that they delivered an average savings of 13.48% for clients that selected KMRD as their exclusive representative in the insurance marketplace.  This result includes all middle market and large account transactions since the company was created in 2005.   This is compared to the industry standard reduction of 8.14% (per MarketScout's Barometer).

"It is often perceived that our compensation model brings an additional cost to the buyer in the short term.   Our prospects may agree that the peace of mind that comes along with better coverage and risk management support makes sense in the long-term; however it is sometimes difficult for them to rationalize their purchase decision in the short term.  Our study provides evidence that the additional resources we provide our clients deliver value in the short term as well.  The average reduction of 13.48% is inclusive of any risk management fees we charge!"  said Bob Dietzel, Managing Partner.

Kevin McPoyle, President explained, "Our challenge is to educate insurance buyers on the merits of selecting one strong and trusted partner to represent them in the insurance marketplace.  This approach ensures a consistent and effective message to insurance company underwriters.  The use of several brokers to approach many insurance companies is often less effective and it is difficult for the typical buyer to determine which option really delivers the most value. The disciplined and thorough way KMRD secures coverage and drives down average losses is well known in the insurance community. Our reputation makes it easier to convince underwriters that past loss experience is not a good predictor of future loss experience.  Underwriters believe that KMRD clients will improve their risk profile."

About KMRD Partners, Inc. – KMRD Partners, Inc. is a full service Property & Casualty broker serving the commercial property and casualty insurance market from offices in the Philadelphia, PA region.  Their mission statement, “Making a difference by Managing the Cost of Risk”, is a unique approach that focuses not just on insurance placement, but coverage expertise, service accountability, client education and risk management. For more information please visit http://www.kmrdpartners.com/

2600 Kelly Road, Suite 300, PO Box 755
Warrington, PA 18976
1-866-957-KMRD (5673) Fax 267-482-8431
www.kmrdpartners.com
Reducing the Cost of Risk - One Client at a Time