Small & Entrepreneurial Businesses
Account premiums under $25,000
Our Small Business & Entrepreneurial business unit works with startups to established businesses that have annual account premiums up to $25,000.
Businesses in this segment typically can purchase broad coverage forms known as BOPs or Business Owners Policies and attach Commercial Umbrella, Workers Compensation, and other lines of business to their account with the same insurer to simplify billing and account handling.
Accounts in this segment include: retailers, service businesses, small manufacturers and processors, professional service firms, technology firms, artisan contractors, smaller distributors and importers, auto service garages, and more.Accounts in this segment include: retailers, service businesses, small manufacturers and processors, professional service firms, technology firms, artisan contractors, smaller distributors and importers, auto service garages, and more.
Accounts with Premiums over $25,000
Middle market accounts not only have larger premiums but also face a greater spectrum of risks and require a higher level of services to control risk than small businesses. Businesses in this segment doing business with The Coyle Group benefit from advanced skills and services in risk identification and risk control.
Most accounts that fit into this segment require a tailored approach to insurance and risk management and we are prepared and capable of helping you and your firm with that.
Accounts in this segment can include: manufacturers, wholesale distributors, importers, multi-location retailers, financial service firms, contractors, technology and life-science firms, and more. The common thread through all these industry verticals is that each firm is unique, complex and requires an expert to arrange proper insurance protection. Gordon Coyle, our firm’s principal is one of the few insurance brokers in the region with multiple professional designations that demonstrate his dedication and ongoing education in the insurance field.
Fee Based Insurance & Risk Consulting
There are times when expert insurance and risk guidance but not broking is required by a client. Whether acting as an advisor for an alternate asset M&A opportunity, or a business owner wanted to evaluate the insurance and risk program of a target acquisition, we can provide our expertise in a fee-based arrangement to you, and likely more affordably than some national brokers and consultants.
In addition to transaction advisory services we consult on:
- The accuracy of workers compensation experience rating modifiers and correcting them.
- The auditing of an insurance program and recommend plan design.
- Structuring the insurance buying protocols across the spectrum of investee companies for Alt-Asset firms.
- Due Diligence services.
- Formulation and implementation of risk control plans and strategies.
Alternate Risk Transfer / Captives
For larger firms that may only be familiar with traditional first dollar/guaranteed cost insurance programs there are incredible opportunities for well run, risk aware firms to capitalize from assuming a greater share of enterprise risk through Alternate programs and Captives.
Firms that typically can benefit from these types of programs have a minimum insurance spend of $250,000 and an excellent loss history.Firms that typically can benefit from these types of programs have a minimum insurance spend of $250,000 and an excellent loss history.
Our Valued Clients
THE COYLE GROUP PROCESS
Process Drives Results – What You Can Expect
From The Best Business Insurance Broker in New York Area
We talk. I learn about your business, your goals and objectives. I’ll share with you how we approach business insurance differently than most brokers and see if what we do is a good fit for you.
TCOR stands for the Total Cost of Risk, which measures your firm’s total costs beyond just insurance premiums. Here we will uncover the true cost of risk and illustrate our strategies to reduce those costs.
9 out of 10 business insurance programs contain fatal flaws, putting you, your firm, and your net worth at risk. Our review will identify the gaps, shortfalls, errors and potential overlaps in your existing policies, with recommendations to resolve these problems to your protection is correct.
Once we have agreement on the coverage structures and TCOR Risk Control Improvement Strategies we can begin to implement a plan with a long-term view to reduce costs and improve productivity.
AREAS OF EXPERTISE
Areas that our team mastered
Words from our clients
“We have worked with the Coyle Group for many years in the servicing of our business insurance needs. The team at Coyle have been incredibly helpful in providing us with the best and most cost effective insurance options. They also have been incredibly responsive and communicate very quickly and thoroughly whenever we need assistance with a question or form. We would highly recommend the Coyle Group for your insurance needs.”
“After working with the Coyle Group for many, many years I can only say really great things about them! The team has always taken care of our company with promptness and efficiency. As our business has grown and changed over time, any and all changes or modifications have been seamless and their guidance has been invaluable. A special thank you to Claire for her careful attention to detail and her continuous help with all our questions and needs!!”
"Gordon has a process that is thorough, comprehensive and easy. It allows companies to uncover risks they may not have been aware of, and therefore, protect themselves. I am impressed with his knowledge, professionalism and concern - have the best interest of his clients as his top priority. I try to refer clients to him every chance I get. He is trustworthy and honest."