Case Studies – Powell Commercial

Our Commitment To You

We are committed to delivering customised insurance solutions. We can help you optimise your insurance programme and achieve similar benefits for your organisation as our case study and testimonials below demonstrate.

Edge Transport

We examine how our corporate insurance services helped a logistics company achieve substantial cost savings while enhancing their coverage. By understanding their unique needs, analysing their risk profile, and leveraging our expertise in the insurance market, we were able to deliver a tailored solution that resulted in significant financial benefits for the company.

Edge Transport

Delivering excellence in logistics & storage solutions that suit your needs

Our Approach

Client Profiling:

Our client, a leading transport company with a diverse fleet of vehicles, sought our assistance in optimising their insurance program. With multiple vehicles and complex risk exposures, they were looking to streamline their coverage, reduce costs, and ensure comprehensive protection.

Assessment and Analysis:

We initiated the process by conducting a thorough assessment of the client's existing insurance policies, claims history, and risk management practices. Through detailed analysis, we identified potential areas of improvement and opportunities for cost savings.

Tailored Insurance Solutions:

Based on our assessment, we proposed a comprehensive insurance solution that aligned with the client's specific needs. Our team worked closely with the client to customise coverage options, optimise policy limits, and identify potential cost-saving measures.

Fleet Insurance Consolidation:

One significant recommendation was to consolidate the client's fleet insurance under a single policy. By bundling their vehicles into a fleet insurance program, we were able to negotiate more favourable terms, including competitive premiums and streamlined administration. This consolidation also provided the client with a centralised and efficient claims management process.

Risk Management Strategies:

We collaborated with the client to enhance their risk management strategies. By implementing proactive measures such as driver training programs, safety protocols, and telematics systems, we aimed to mitigate risks and improve overall fleet safety. These risk management initiatives not only reduced the potential for accidents and claims but also allowed us to negotiate lower premiums based on improved risk profiles.

Results and Cost Savings:

By implementing the tailored insurance solution and optimising risk management practices, our client achieved significant cost savings. Through fleet insurance consolidation, the client realised reduced administrative costs and competitive premiums. Additionally, their enhanced risk management efforts led to a decrease in claims frequency and severity, resulting in lower overall insurance costs.

Conclusion

Through our partnership with the manufacturing company, we successfully delivered a comprehensive insurance program that provided substantial cost savings and improved coverage. By tailoring solutions to meet their unique needs, leveraging our expertise in risk management, and optimising insurance policies, we helped the client achieve their financial objectives while ensuring comprehensive protection.

Committed to delivering customised insurance solutions

At Powell Commercial , we are committed to delivering customised insurance solutions that drive cost savings and enhance coverage for our corporate clients. Contact us today to discuss how we can help optimise your insurance program and achieve similar benefits for your organisation.