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Many
companies talk a good game; after all, it’s easy
to say ‘we’re the best’. The old
saying that actions speak louder than words is something
we believe in and to follow are specific examples of situations
in which we were able to assist a client, all involving challenging
circumstances.
- When a Major League Baseball team
signed their superstar to a franchise-record contract,
they needed to protect the financial integrity of the
organization should the athlete suffer a catastrophic
injury or illness. KSI
was able to provide such cover, protecting the team through
a high limit, (body part) exclusion free, multi-year disability
policy. To view our nationally published article on this
subject click here.
- Working with an uncooperative
high-profile entertainer, a world-wide promoter turned
to KSI to provide event cancellation and non-appearance
coverage that protected their financial interest while
minimizing the involvement of the entertainer. We
were successful in this task; even saving the client money
by obtaining a lesser rate than past concerts. To view
our nationally published article on this subject click
here.
- A casino was looking for a promotion
idea to help drive business while offering a cost effective
mechanism to insure the grand prizes. KSI provided
just such an idea and the casino implemented a very popular ‘money
bag’ promotion in which two patrons won the grand
prize of $10K; truly a ‘win-win’ scenario!
- A
production company had a brief window of opportunity to
film their television special; this short time frame required
a uniquely structured weather policy which KSI negotiated
in a cost effective manner.
- A NASCAR sponsor offered their driver a significant financial
incentive if he achieved specific performance criteria.
KSI successfully negotiated a cost effective insurance
alternative which allowed the sponsor to remove this
liability from their books and simply root for their
driver with minimal financial ramifications involved!
- During the recent holiday season
a large retail store wanted to increase their sales through
a creative promotion insured by KSI. If it snowed 6 inches
or more on Christmas Day, all inventory sold during the
post Thanksgiving weekend would be ‘free’. While the snowfall didn’t
trigger coverage, the promotion was a huge success to the
client’s bottom line and they are looking forward
to doing it again! Another example of insurance actually
helping a business!
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