rikor.io’s Post

Struggling to align insurance policies with FDD requirements? Franchisors struggle with ensuring that insurance policies align with the FDD requirements. Franchisees' lack of understanding can result in non-compliant coverage, leaving the franchise exposed to potential legal and financial repercussions. Your Rikor Insurance Program is here to help. #franchise #franchising

Still not able to leverage your insurance buying power? Franchisors miss out on unique carrier access that could provide specialized coverage options. Without a single broker, they struggle to gain access to exclusive insurance programs tailored to the specific needs of their franchise model—something Rikor Insurance Program can potentially help with. #franchise #franchising

Lack of interest in your brand from National Insurance Carriers causing challenges? Franchisors face immense frustration when their brand struggles to attract interest from national carriers. This lack of attention translates into limited insurance options, forcing franchisees to settle for subpar coverage that hampers their growth and stability. Your Rikor Insurance Program offers tailored solutions that support growth and stability. #franchise #franchising

Lack of interest in your brand from National Insurance Carriers causing challenges? Franchisors face immense frustration when their brand struggles to attract interest from national carriers. This lack of attention translates into limited insurance options, forcing franchisees to settle for subpar coverage that hampers their growth and stability. With your Rikor Insurance Program, you can secure coverage that supports growth and stability. #franchise #franchising

Are your franchisees' insurance gaps increasing your liability? The inability of franchisees to comprehend insurance details increases the liability for franchisors. However, with your Rikor Insurance Program, you can ensure correct and adequate coverage, reducing the risk of significant financial losses and protecting the franchise brand if claims arise. #franchise #franchising

Do all the franchisees look to you to answer their insurance questions? Communication becomes complex and fragmented when dealing with multiple brokers. Franchisors have to relay information and updates to various parties, increasing the risk of miscommunication and errors. Discover how your Rikor Insurance Program can streamline updates to minimize errors and improve efficiency together! #franchise #franchising

Stop letting your franchisees buy the cheapest insurance  It’s not always the best Do this instead:  Assess the actual value of the insurance policy over the cost of the policy  Actually, review the insurance; don’t just collect a COI Educate your franchisees on insurance #franchise #franchising

Losing out on insurance purchasing power? One of the biggest frustrations is the missed opportunity for bulk discounts. When franchisees use different brokers, they miss out on the cost savings that come with purchasing insurance as a large group, resulting in higher premiums for everyone. Franchisors, trust your Rikor Insurance Program to ensure quality coverage and reduce risks. #franchise #franchising

Constantly clarifying insurance details to franchisees? Franchisors find themselves frequently needing to clarify insurance requirements and details to franchisees. This constant need for education and explanation is time-consuming and diverts resources away from other critical business functions. Your Rikor Insurance Program simplifies communication and ensures compliance effortlessly. #franchise #franchising

Are insurance issues causing operational disruptions? The lack of insurance knowledge among franchisees can lead to operational disruptions. When franchisees face insurance-related issues, franchisors must step in to resolve them, causing delays and diverting focus from growth and development efforts. Your Rikor Insurance Program can help minimize these challenges and keep your focus on growth. #franchise #franchising