Colony-West Business Risk Solutions

🚚 Turning a Lapse into Savings: Another Colony-West Business Risk Solutions Success Story! Meet our client: a non-emergency transportation company facing a challenging renewal process and a critical lapse in coverage. The Challenge: 🚩 After receiving a renewal with a staggering 200% increase, our client was struggling by mid-year with the mounting costs. To make matters worse, their insurance for both General Liability (GL) and Auto had lapsed, and many auto insurers are hesitant to quote mid-term renewals. Our Strategy: 🛠️ 1. Digging Deeper: Upon investigation, we found service issues with driver approvals that were grounding vehicles and costing the client trips and revenue. 2. Uncovering Lapses: A deep dive into their loss runs revealed lapses in both their GL and Auto coverage—information that had not been disclosed initially. 3. Expert Market Search: Leveraging our market relationships, we requested quotes for both GL and Auto across multiple wholesalers, ensuring thorough review of all lines. The Result: 🏆 With a comprehensive solution, we secured coverage for both GL and Auto with $20k+ in savings across the board, helping the client regain control of their operations and finances. Takeaway: Clients may hesitate to disclose issues, thinking it will harm their chances of getting coverage. However, asking the tough questions up front helps us deliver solutions that save time, money, and ultimately offer better protection. With the right approach, even lapsed policies can be turned into a win. Huge thanks to Oscar J. Montano the advisor on this case, for driving this success! His expertise and dedication made all the difference in securing the best outcome for our client. #ClientSuccess #InsuranceExperts #ColonyWest #TransportationInsurance #BusinessInsurance

👋 Come Join Our Growing Team - Welcome to our newest team member Valeria Alvarez! Valeria Alvarez is an architecture graduate with a passion for HR, inspired by her business experience during the pandemic. She holds an HR certification and has worked as an administrative assistant and a university teacher, roles that have sharpened her organizational and communication skills. Valeria is also a dedicated learner with a love for art, especially crafts and painting, and she has a deep affection for animals. We are excited to have Valeria join the OutlookHR team!

🚀 From High Costs to High Savings: Another Colony West Success Story! Meet our client: a pre-revenue developer and distributor of mushrooms with ambitious multi-state growth plans and valuable industrial and intellectual property assets. The Challenge: 🚩 They faced misclassification, critical coverage gaps, and exorbitant rates, lacking clear guidance for future work comp classifications as their operations evolved. Our Strategy: 🛠️ 1. Policy Overhaul: We rewrote their package policy, slashing their property rate to 1/4 of the previous cost. 2. Future-Proofing: Advised on work comp classifications and structured their operations for lower-priced class codes. 3. Comprehensive Coverage: Introduced additional insurance products like Product Recall, Trade Credit, and D&O to balance growth and risk. The Result: 🏆 Correct coverage, lower costs, and a consolidated service provider. Huge thanks to Bill Kaley for driving this success! Sometimes, starting from scratch with the right expertise yields the best results. Here's to always doing better for our clients! #ClientSuccess #InsuranceExperts #ColonyWest

⚠️ Immediate Action Required for Workplace Violence Prevention Compliance! Effective immediately, SB 553 enforces significant changes to workplace violence prevention, impacting nearly all California businesses. Navigating these new regulations can be complex without a current Cal/OSHA standard, making prompt action crucial for compliance and safety. 🔔 Colony West is Now Offering Workplace Training! 🔔 In today's rapidly changing regulatory environment, proactive compliance is key to protecting your business and employees. Our partnership with OutlookHR ensures you navigate these challenges with confidence. ✔️ Ready-to-Use Programs: Gain immediate compliance with our customized written programs, tailored to SB 553 requirements. ✔️ Comprehensive Workplace Training: Equip your employees with the knowledge and skills to recognize, prevent, and respond to workplace violence, ensuring a safer and compliant work environment. Don't wait—take action now to ensure your business stays compliant and your workplace remains safe. Contact us today to learn more about our SB 553 compliance solutions! #WorkplaceSafety #Compliance #SB553 #EmployeeTraining #BusinessSafety

Are employment-related claims impacting your business operations? ⚖️ Here’s how we helped a top-tier dining establishment navigate a challenging situation! Challenge: ❌ Claim to the Department of Labor (DOL) for wrongful termination and harassment Our Strategy: 💡 Conducted a thorough investigation by interviewing key personnel and witnesses, and reviewing all relevant documentation and timelines. The Results: 🌟 Our investigation revealed that harassment was reported only after the incident that led to termination, which involved a physical altercation initiated by the DOL Claimant. 🌟 The DOL found insufficient basis for both claims. Your business deserves thorough, strategic solutions to protect your reputation and operations! Special thanks to Evelyn Blanco, PHR and our partners at OutlookHR for their their outstanding work in resolving this case! 🙌 #RestaurantManagement #EmploymentLaw #SuccessStory #RiskMitigation