Insurance Case Studies
Agri-Business Achieves 20% Savings On Insurance Costs
ERA delivers substantial savings to a global agriculture business The client saved more than 20% off already competitive rates and also improved their Risk Management processes to ensure the rate reductions are sustainable in the long term. The Expense Reduction Analysts (ERA) Solution The client is a leading Cotton Manufacturer operating in drought stricken Australia, the USA and South America....
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Claims Issues? No Worries!
Logistical nightmare eased through transparent process and Corporate Governance The service offering experienced by the client increased substantially with Risk and Claims Management procedures introduced. A leading global Logistics provider appointed Expense Reduction Analysts (ERA) to oversee the placement of their insurance program due to their lack of understanding and the lack transparency...
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20% Savings On Insurance Costs
ERA delivers savings to the Health and Aged Care Organisation in Australia ERA achieves comparable savings of 20% for the Mercy Group. The Expense Reduction Analysts (ERA) Solution The client is Mercy Group a large health, aged care and community services organisation, based in Perth. It had complex insurance arrangements with a variety of specialist insurance providers. The client was able to...
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Manufacturer Achieves 44% Savings on Insurance Costs
ERA delivered a surprising level of savings following our unique tender process for the provision of Insurance Broking and Risk Management services for a global Furniture Manufacturer Advocacy can be achieved with the assistance of a strategically written Broker Service Agreement and relevant Key Performance Indicators. There have been very few occasions where Expense Reduction Analysts (ERA) has...
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Corporate Governance pays off for Global IT Provider
ERA’s Conceptual Tender process provided 31% savings for a publicly listed Information Technology company ERA achieves more than 30% annual savings for a global IT company during a Corporate Governance review. A publicly listed Information Technology company approached Expense Reduction Analysts (ERA) to conduct a corporate governance exercise in order to satisfy the requirements of the...
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Food For Thought
Household food and beverage ‘name’ seeks Governance Review to reassure their Board that their internal risk management and risk transfer (insurance) processes comply with global Best Practice It became apparent that the organisations contingency planning could be improved. Frequently, Expense Reduction Analysts (ERA) is approached by organisations not necessarily seeking to reduce costs,...
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Higher Education – Higher Insurance Cost Savings – 18%
Expense Reduction Analysts (ERA) provides corporate governance solutions for Education Institution Advocacy was a strong issue; the guidelines of the tender document were customised to suit the client’s requirements. Higher education facilities have unique and high risk activities and facilities such as medical teaching, research and testing. Notwithstanding the use of captives and...
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Transparency Constructed
Gaps in coverage and advocacy issues removed through ERA’s unique structured review process saves 32% in insurance costs Any loss faced by a construction company has the potential to cost the business substantial amounts of money whether insured or not Expense Reduction Analysts (ERA) is often approached to conduct an insurance review simply to assure the CEO or CFO that their current risk...
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Tailored Process to Your Needs
ERA procures savings for a Local Authority through compliant process Increased competition for the sectors insurance requirements provide an industry wide benefit. When one broker has a “monopoly” on a particular industry sector, it is often difficult to test the market. Expense Reduction Analysts (ERA) has managed to introduce a new enthusiasm into the Local Authority sector through...
Read MoreSaving Money Never Sounded Better For Royal Liverpool Philharmonic Orchestra
70% Of The Suppliers Were Kept Which Meant That We Didn’t Feel A Thing Apart From An Increase In Savings Philharmonic Hall presents on average 250 concerts, events, and films, attended by approximately 250,000 people a year. The venue has an illustrious tradition of bringing the top names from rock, jazz, world, classical, and contemporary music to Liverpool as well as playing classic films...
Read MoreAccelerated Savings for Volkswagon Group UK
The Wait Was Definitely Worth It After conducting a review of their insurance policies Geoff Hunt, Deputy General Counsel for Volkswagen Group United Kingdom Limited believed that more could be done to reduce the premiums they were paying. Realising Volkswagen Group significant and complex insurance needs would require expert external advice, he sought the specialist service of Expense Reduction...
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