Ownership Has Its Privileges
Ask yourself these questions about your current insurance/risk management arrangements:
- Does it pour thousands of dollars back to your company’s balance sheet?
- Does it improve the quality of your safety culture and the overall culture of your company?
- Does it help fund investments in your employees, facilities, equipment, or mergers/acquisitions?
If you answered “no” to any of these questions, it’s time to take a look at Parthenon Risk Partners. By gaining direct access to the insurance market, we offer member-owned, member-controlled products and services that allow you to recover a large part of your premium dollars by controlling your total cost of risk.
This control gives you an opportunity to retain 40% to 50% of your premium dollars for the same responsibility of a traditional insurance program. While a traditional insurance program’s premiums, service standards, and claims management are filled with unpredictable hills and valleys, Parthenon’s insurance program is predictable, now and in the future.
At Parthenon, ownership equals control, and control equals stability, predictability, and quality.
Taking care of business—the Parthenon way
This success can be seen in the millions of dollars that Parthenon shareholders currently have in their captive accounts that were previously on the balance sheets of their former insurance companies. These dollars can now be invested in members’ companies to fuel expansion, purchase better equipment, fund employee incentive plans, and more.
Most importantly, this success helps foster a culture of awareness and employee dedication throughout their company toward managing their organizational risk rather than just minimizing claims.