Protecting Your Assets
In protecting your company’s assets and delivering measurable results, our strategy includes risk analysis, loss prevention and mitigation, claims analysis and management, exposure analysis, and more. We look at both internal and external forces that can contribute to an increase in exposures and put your business at additional risk. Then we put our solutions to work for you by creating a plan to reduce risk while positively impacting your company’s financials.
At PMIS, we have the ability to place liability coverage for all types of valve manufacturers from the insurance carriers with which we partner. Because of our industry focus, we specialize in placing high risk products liability for high pressure valve applications used in the oil and gas industry, waterjet equipment, subsea applications, food processing, process piping, reactors and pressure vessels, and pumping systems, etc. In addition to general liability, we offer commercial auto, excess and commercial umbrella, foreign liability, pollution and environmental liability and other liability products as needed by our clients. We also offer a full gamut of executive liability coverages, including Employment Practices Liability Insurance (EPLI).
With PMIS, you’ll receive full property coverage including equipment breakdown, inventory and finished goods coverage that pays you your sales price (and not your cost) in the event of loss. We will design a safety net in the form of business interruption and extra expense insurance. Our workers’ compensation program will protect your employees if they are hurt or get ill on the job.
We found that many of our manufacturing clients need assistance with employee retention and hiring practices. As a result, we formed two divisions specifically focused in this area: PMEB, which includes the Precision Manufacturing Trust (PBMT) for maximized buying power and lower rates for health insurance as well as other benefit coverages and plans from all the traditional health insurance carriers; and PMHR, which provides HR consultation and solutions.