Other than my Instant Products or Consulting Packages, my pricing structure is on a case-by-case basis and is dependent on what I’m being hired to do.
If I’m being hired to handle an organization’s insurance policy renewal process (bid management), then my compensation is typically a fixed annual fee. However, I understand that every project and company is different, so my fee outside of my predetermined packages normally ranges between .05% – 2.5% of a company’s total annual insurance policy premium, with a minimum guaranteed annual fee of $2,000. (See below for how my fee more than pays for itself.)
Curious as to how much money you could expect to save from hiring me?
- Every project and every organization is unique. However, when hired to manage an organization’s insurance policy renewal process (bid management), my clients typically average total annual insurance premium savings of anywhere between 9% – 50%.
- Moreover, my clients have averaged savings from “sunk” and/or “hidden” insurance costs (i.e. retail & wholesale broker fees, state taxes and fees, final audits, deductibles on claims, etc.) of anywhere between 0$ – $55,000. Therefore, my clients have saved thousands of dollars in negotiated premium savings as well as from “hidden” fees/commissions.
- Furthermore, I have generally found that my client’s insurance agent/broker will lower their commission percentage to compensate for my fixed annual fee. Therefore, I have never had a client not save considerably more money than my fixed fee. In fact, my clients typically realize double-digit (on a percentage basis) savings in premiums and sunk costs by utilizing my bid management services.
