EIGHTEENSIXTY3 IS A WAKE UP CALL TO ADD MUCH NEEDED DIVERSITY TO RISK MANAGEMENT SERVICES
Here is an opportunity to help level the playing field for business owners and aspiring entrepreneurs who historically have lacked access to wealth or business opportunities.
Experienced insurance advisors that work as an “in-house risk management team” for your organization. The team helps your company understand and address their total cost of risk.
Access to proprietary risk management services & technology that will help mitigate your company’s overall cost of risk. Digital in nature, these tools consist of insurance coverage verification/ contract compliance, learning management as well as predictive claim AI software.
Strategic partnership with Gallagher, one of the world’s leading insurance brokers to provide traditional broking services.
We are a certified Minority Business Enterprise (MBE) and can help with diversity programs and expand your client base into the government realm.
STRATEGIC ADVANTAGE
Partnering with a certified MBE (Minority Business Enterprise) allows you to tap into a large number of public and private sector programs. The increased access to government contracting opportunities that a partnership provides allows your organization to grow rapidly. According to research by the Hackett Group, working with a certified-MBE business can drive an additional $3.6 million to an organization’s bottom line. With as much as 130% return on investment for every $1 million spent in procurement operating costs, your company will realize distinct competitive advantages.
Besides the economic benefits, partnering with a certified MBE provides several intangible benefits. Working together, you can strengthen brand recognition, community outreach, company culture, and marketing efforts.
Additional Revenue Opportunities
Partnering with a certified MBE allows you to expand your client base to a larger demographic. If your organization is looking to do more business with a specific ethnic group, an Minority Business Enterprise partner opens the door to a myriad of opportunities. It also helps expand your client base into the government realm because corporations, the federal government, and state agencies all want to do business with minority-owned companies to meet compliance policies.
- Source: Analytix Editorial Team
Who is Gallagher?
Gallagher is a global leader in insurance, risk management & consulting services helping clients face challenges and providing effective solutions.
Gallagher and its subsidiaries provide insurance brokerage, consulting, and third-party claims settlement and administration services to entities around the world. Gallagher is the world’s fourth-largest insurance broker/risk manager based on revenues, and the largest property and casualty third-party claims administrator globally as of 2021.
Its expertise across industries, as well as insurance and risk management solutions, is unsurprisingly vast, ranging from automotive and healthcare to energy and transportation, from management liability and property to cyber and fine arts. Gallagher also has offerings in benefits and HR consulting, captives and alternative risk transfer, and reinsurance, among others.
“World’s Most Ethical Companies” and “Ethisphere” names and marks are registered trademarks of Ethisphere LLC. Arthur J. Gallagher & Co. has been recognized as one of the World’s Most Ethical Companies® in 2010, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023.
