Common questions from owners and CFOs deciding whether OuterBridge is the right fit. For anything not answered here, a first conversation is the right next step.
We start with a plan, not a quote, built on risk data we compile and maintain for each industry we serve: loss history, what peers carry in limits and retentions, and what the market is pricing by line. A generalist broker does not have it. The Risk AFA tells you what to fix first and who owns it, with one item finished before your next renewal submission. Then we do the work with you and place coverage around the result.
Your Risk AFA is at no cost. One plan carries more than a year of work; for clients whose coverage we place, the annual stewardship report tracks it, and a new Risk AFA follows only when your operations or loss trend change materially.
We are paid commission on the policies we place. For certain special projects we may charge a fee. Fees are always discussed and disclosed in writing before any work begins.
No. The first AFA is yours either way. Most clients choose to have us place their program once they see the plan working, because underwriters price what they can see documented, and the firm that did the work with you can document it best.
One conversation, then a clear checklist of what to send us. We can build a Risk AFA from whatever you provide, but every item you add makes the plan more precise and more tailored to your business.
Premium is the visible part. Retained losses, deductibles, and the staff time around claims and compliance are the rest, and together they are an operating expense like any other. Lowering it is margin. For an owner who will one day sell, margin at a multiple is enterprise value. That is why the Risk AFA ranks actions by what each is worth, not by what is easiest.
Wholesale distribution, multifamily housing, CRE leasing, and golf course and club operations, where we compile and maintain our own risk data. We place programs in other industries case by case, and the first conversation is where we confirm fit.