Products:

Property Coverage

Buildings and improvements, stock and equipment are all assets to a businesses. Any loss will have financial implications and lost time if it not adequately protected. CMW can help you identify the property risks are exposed to. We can work with you to develop pro active plan that will adequately prepare and protect your business from an unexpected loss.

Commercial General Liability

Commercial General Liability Insurance is a staple to any risk transfer portfolio. It is designed to protect business’ from claims arising from property damage or bodily injury arising out of your operations against a third party. CMW’s liability experts can assist you in not only selecting the right General Liability policy for your business, but implement risk management techniques designed to mitigate your liability exposures.

Product Liability

Manufactures, distributors are all exposed to claims related to the manufacturing or sales of products to a third party. Your business can face liability risks as a result of, manufacturing or production flaws, defective design or improper warnings or instructions. Your business can face claims arising from compensatory damages, legal fees and punitive damages. CMW can help you analyze and determine your liability exposures to develop a Commercial General Liability Insurance policy customized to your business.

Excess and Umbrella Liability

Although you may be fortunate and not suffered a large liability loss, they are common for all companies. Excess, and Umbrella Liability policies protect companies from losses that surpass your primary liability limits. We can help you determine a policy that’s right for your business.

Directors and Officers Liability

Public, private and non-profit organizations need Directors and Officers Liability Insurance to protect corporate directors and officers against claims alleging financial loss arising from mismanagement of the company. The policy provides cover for the individual directors and officers and can include coverage for the corporate entity itself. Officers face greater risks than ever. CMW has the expertise in Directors and Officers Liability Insurance.

Professional Liability / Errors and Omissions Liability

Errors and Omissions Liability insurance protects the insured against liability for committing an error or omission in performance of professional duties. Today this is not limited to Doctors, Lawyers, Architects, Engineers or Accountants. Any profession that is held to a higher level of expertise requires and Errors and Omissions policy. Alleged claims against your business arising from an error or failure to perform work specified in a contract can have significant financial consequences. We can provide you with a professional liability insurance policy to protect you from the financial loss due to an unexpected lawsuit.

Bonds / Surety

Surety bonds are three party agreements between a surety (bonding company), a contractor (your business) and a project owner (customer/obligee). The agreement binds the contractor to comply with the terms and conditions of the contract or project. If the contractor defaults on their duties the surety takes responsibility to ensure that the project is completed for the project owner. CMW has the Surety expertise you need and can help provide you establish the bonding facility required for your business.

Commercial Marine

Hull & Machinery or Protection & Indemnity are two of the various marine insurance options for protecting your vessels, machinery or goods in transit. Our marine experts can help you identify your risks and allow you to decide on the options for your business. We deal only with leading marine insurers who can best protect your assets.

Cargo

Regardless of whether you are shipping products or materials overseas or over town, our Cargo experts can properly protect your assets and mitigate your risks. We have the resources to provide you global reach with local focus.

Course of construction

A Course of Construction policy or C.O.C. is designed to protect against direct physical loss or damage to a project or construction material waiting to be installed and while in transit to a job site. The policy can provide coverage for standard exposures such as fire, flood and earthquake but can also extend to a delay in opening or “soft costs” which my occur as a result of an insured peril. If you are a contractor let CMW discuss your individual needs for COC insurance for your next project.

Wrap Up Liability

Wrap Up Liability is a project specific liability policy that provides protection for the owner, general contractor and all sub trades involved in a specific project. Coverage can also be extended to protect the interests of consultants, financial institutions and various levels of government. Typically used for larger or more complex projects, CMW has the expertise to place the right coverage for your next project.

Equipment Breakdown / Boiler and Machinery Insurance

Historically known as Boiler & Machinery Insurance, Equipment Breakdown Insurance (EBI) is replcing the traditional name as the title more accurately describes the coverage provided. Loss due to mechanical or electrical breakdown of nearly any type of equipment is typically excluded under a traditional property policy. EBI applies to the cost to repair or replace the equipment and any other property damaged by the equipment breakdown. Resulting business income and extra expense loss can also be covered as well. Let our insurance experts review the EBI limits that your business requires.

Crime

Crime insurance policies are designed to meet the needs of organizations other than financial institutions, such as banks. A commercial crime policy typically provides several different types of crime coverage, such as: employee dishonesty coverage; forgery or alteration coverage; computer fraud coverage; funds transfer fraud coverage; money and securities coverage; and money orders and counterfeit money coverage. CMW has the knowledge, expertise and resources to develop a customized policy that will protect your business and help you get back on track, immediately, after a loss.

Business Interruption

If you were unable to operate for a prolonged period, could your business survive?

Any loss to your building, stock or equipment can force you to stop your operation partially or entirely, for a significant period of time. During this downtime there will be lost profits, ongoing expenses, lost customers, lost employees, potential damage to reputation which may occur. Business Interruption Insurance is designed to ensure the survival of you business during a loss. To get the right protection it is important to work with an experienced Business Insurance Broker who will take the time to understand the needs of your business. CMW has the knowledge, expertise and resources to develop a customized policy that will protect your business and help you get back on track, immediately, after a loss. 

Environmental

Environmental Insurance is a specialized insurance policy that can cover both first and third party environmental claims arising out of the release of a pollutant into the environment. Let a CMW Insurance expert discuss the importance of Environmental Insurance and the exposures your business may potentially face.

Fleet / Automobile

Commercial Fleet Insurance provides your business with financial protection for your cars, trucks, vans, and trailers that your business uses for commercial use.

Coverages for:

• Third party liability costs for bodily injury and property damages.
• Physical damage to your vehicle arising from collision with another vehicle or object.
• Medical expenses for the insured incase of an accident.

CMW can help you choose a commercial fleet liability policy that’s right for your business.

Kidnap and Ransom

Kidnap and Ransom Insurance covers losses arising from the kidnap and holding for ransom of an insured person, or from the threat to do harm to a person or property, if a ransom is not paid. Coverage can include, kidnapping, the threat to kidnap, injure or kill an insured person, property damage extortion, wrongful detention or hijacking. Whether your business operations expose you to these potential threats, both domestic & international, CMW has the expertise to mitigate your risks.

Employment Practices Liability

Employment Practices Liability covers your business for wrongful acts arising from the employment process. The most frequent types of claims alleged under such policies include, wrongful termination, discrimination, and sexual harassment. Although it can be written as a stand alone coverage it is most frequently available on directors and officers liability policies. Even if claims are fraudulent, the litigations are expensive, take up resources and damage your businesses reputation. CMW can help you protect your business from legal claims made by employees.

 

Services:

Contract Reviews

As part of our core account management services, we encourage our clients to let us assist in reviewing the many differing types of contracts our clients get involved with. Our goal is to bring value to our clients by assisting in finding ways to transfer risk through contract wordings as a way of reducing overall exposure to risks and loss. Risk transfer through contract is a very effective way of passing responsibility for loss to other parties and it's a core part of a comprehensive risk management strategy.

Staff Training Seminars

Clients, especially those with large exposures to the public, can benefit from staff training seminars in identifying potential risks, managing the reporting and rcording of maintenance, handling 3^rd party complaints and assisting in retaining goodwill.  All these actions by staff assist in creating an overall good risk reduction strategy for the client.

Risk Control Engineering

Inspections of buildings and facilities, public spaces and services are an integral part of the effective marketing of insurance programs to insurers. They are also an important part of the overall management of risk exposures faced by the client. By providing independent loss control engineering services we are able to address potential exposures that may exist from both a premises & operations point of view and mitigate those potential hazards. This also allows us to present your risk to the insurance marketplace in the best possible light to demonstrate a pro active approach to loss. CMW has an exclusive contract with QA Risk Management Services to handle the technical studies.  QA has 20 year experience in this specialized field and is fully capable of providing a full range of engineering services in a timely and flexible manner.

User Insurance Programs

User programs are specialty insurance programs set up to simplify the purchase of insurance coverage for users of rental facilities. Through a user program, facility owners are able to maximize the rental opportunities of their facilities while also ensuring the users will have their own primary insurance protection. In this way, the facility owners are also able to confidently transfer facility risk to insurance at a cost to the user.

Claims Analytics

For clients with exposures to frequent claim incidents, the use of claims analytics can be beneficial in assisting to reduce the overall cost of risk. Through a specialized service provider, claim histories can be modeled to identify areas of frequency, severity, and history. Such data can assist a client in identifying operations having excessive losses while also assisting in choosing deductible levels which will minimize costs overall.

Total Cost of Risk Analytics

Similar to claims analytics, total cost analytics studies can be beneficial for clients with comlex insurance programs to assist in reducing overall costs of risk. Through a specialized service provider, claims, premiums paid, loss ratios, and deductible payments can be modeled to clarify for the client the optimal combinations of premiums and deductibles to minimize overall costs.

Cyber Security Consulting

With the ever expanding dependence on computers in today's business world, there is also an ever expanding exposure to loss arising from viruses, hacking, and internet espionage. This risk is further expanded if the client has exposures to online payment transactions and/or personal information privay laws. CMW can source specialized service providers who can review your existing computer structure, data usage, and electronic protection systems to assist you in minimizing the risks to your operations from these threats and compliance laws.

Disaster Recover Planning

After a loss, emotional decisions can be costly. On average, insurance only returns 60% of a total loss when you consider loss of momentum, loss of life, and loss of market opportunity. The best time to ensure for a loss is before it happens. For this reason CMW offers this service to our clients to ensure your operations resume as soon as possible after a loss. CMW can either provide a template for you to work with in developing a disaster recovery plan, or we can arrange a specialist in this area to come in and create one for you.

Crisis Communications Training

Anyon who has had the unfortunate experience of having to explain to the public a companies' strategy after some form of crisis will tell you it's very difficult to get the proper message across. The difference between a good message and a poor message can be the difference between goodwill and the end of a company. For clients with such exposures, CMW can arrange for staff training by 3^rd party specialists in how to best handle these situations before they occur.

Business Interruption Loss Accounting Reviews

CMW understands that the business interruption process can be a complicated one given that the insurers are asking you to forsee into the future. CMW works with specialized independent loss accountants that will best be able to anticipate your business interruption needs. This service ensures that botht he coveage an the limits insured are accurate in the event of a loss. They are also able to help prepare your documentation to maximize your settlement should a claim occur.

Property Appraisal Services

Taking inventory of assets and determining their value demands a lot of time and effort. Through the use of independent professional appraisals we are able to take this work away from the client and also ensure that the guess work is taken out of the equation. In addition, by guaranteeing that the values insured on your policy are accurate, it will remove any lengthy negotiation which may occur due to possible co insurance penalties. This allows the client to get back to normal business operations as soon as possible.