Risk is an inherent part of daily operations, but no one should settle for one size fits all business insurance and risk transfer solutions. Kapnick developed a risk assessment process that analyzes and quantifies your specific risk in an effort to address exposures and avoid losses before they occur. With our risk assessment process, we thoroughly assess your business’ unique risks to develop creative, comprehensive, and cost-effective solutions that fit your needs, whether you are a small business or a publicly traded company. To learn more click here.

Ultimately, our goals are aligned with yours. We protect so that you can grow. Without insurance, one major claim could cause devastating setbacks for your company. At Kapnick Insurance Group, our job is to help you manage your risks and get you back in business if the unforeseeable does occur.

Because we know not all industries and businesses have the same risks or concerns, Kapnick has developed teams of experts in areas of industry specialization. Our specialized teams thoroughly understand the unique aspects of your business and dive deep into your field of operation to uncover risks and exposures. Our seasoned experts and practice groups understand your business, join industry associations, get to know the people responsible for ensuring safety and loss control – and learn from their first-hand experiences.

Our consultative approach allows us to analyze all of your risks, and develop strategies for management, transfer solutions, or mitigation. We specialize in providing corporate risk consulting services and insurance products for companies of all sizes, from publically traded to small businesses. We vet the insurance companies we partner with, to find the ones best equipped and motivated to provide comprehensive solutions that fit your industry’s needs.

Trucking, Transportation & Towing

Real Estate

SUMA (Schools, Universities, Municipalities, and Associations)

Manufacturing, Tech & Life Science

Construction Programs

Food & Agribusiness

Hospitality & Recreation

Professional Services

Kapnick provides overall analysis of your loss control and safety needs. On-site loss control evaluations, comprehensive claim reviews and program design and implementation are just a few ways Kapnick Risk Solutions assists clients in reducing costs and protecting their investment.

Consultation

In depth evaluations of your organization’s programs and strategic goals.

Assessment

Trending analysis and claim forecasting. Safety needs and interest survey.

Development

Utilization of online tools, validated experts and insurance carrier programs.

Implementation

Targeted employee communications. Safety committee meetings.

Monitoring and Support

Continued educational webinars and seminars. Claims advocacy and reviews.

As a client of Kapnick Insurance Group you are also given access to the Kapnick Risk Services Center, unique, Web-based risk management tools and materials your organization needs to help reduce injuries and improve profitability. These include:

A comprehensive safety library and resource center

Certificate of insurance tracking

Unique incident tracking software

Safety data sheet tracking

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Safety & Claims Management

Kapnick’s Risk Solutions Department is here to assist clients with overall safety, loss control, and claims management. On-site loss control evaluations, comprehensive claim reviews, program design and implementation are just a few ways Kapnick Risk Solutions assists you in reducing costs and protecting your investments.

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Global Solutions

Kapnick Insurance Group is a Shareholder of Assurex Global, a unique corporation owned by a select group of brokers located in over 80 countries around the globe. Kapnick Insurance Group brings clients the benefits of size, strength, and global visibility. This partnership gives us access to 110 partner brokers with more than 600 offices, and over 19,000 employees on six continents.

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Alternative Risk

Through proper exposure identification and loss analysis, we will assist in identifying the right Alternative Risk Solution for your unique situation. Some of the potential solutions may include one or more of the following: Captives, Self-Funded Programs and Large Deductible Programs.

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Industry Specialization

Kapnick Insurance Group has niche industry experts in the areas of construction, education, manufacturing, real estate, food and agribusiness, transportation and towing, professional services, hospitality and recreation, and tech & life sciences. Our experts know the ins and outs of your industry and how to mitigate your risk.

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Digital Client Access

Through KapnickConnect, clients enjoy a cutting-edge digital client experience that allows for easy access to critical information anytime, anywhere from your computer, smartphone, or tablet. Clients can access policy documents, issue auto ids, manage proof of insurance forms, file claims, make changes and communicate with team members in a convenient and efficient manner, saving time and money.

Creative Solutions

  • Risk Management
  • Claims Consulting
  • Risk Toolbox
  • 24/7 Document Access
  • Claims Advocacy
  • Education
  • Analytics and Benchmarking
  • Loss Control
  • Risk Transfer Solutions
  • Trusted Advisors
  • Market Selection

Let’s discuss your risk solutions insurance.

One of our insurance advisors will reach out to you to review your information and present you with the appropriate risk insurance solution. There’s no obligation, just good-old-fashioned advice.
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How can business insurance protect you?

Use the yellow hot spots and explore how business insurance can help protect against common risks.
Manufacturer

Commercial General Liability Insurance

Risk Factor

The manufacturing business is unique and comes with many exposures, which can lead to a potential lawsuit. What if a fire breaks out and damages the building and halts production - causing you to default on your delivery contracts? Would your business survive?

Solution

Commercial general liability insurance is an absolute necessity for a manufacturing business. This type of protection provides broad coverage for premises, operations, completed operations and advertising and personal injury. It will also pay to defend any covered lawsuit or action regardless of its merit. Coverage can be purchased as a separate policy and can be tailored to your specific needs. Coverage limits generally range from $100,000 to $1,000,000.

Commercial Property Insurance

Risk Factor

When a gas tank explosion causes an uncontrollable fire, your commercial property and everything within it can suffer a significant loss. This can have a detrimental effect on your manufacturing business.

Solution

Commercial property insurance can help protect the property your business owns or leases, including things like equipment, inventory, furniture and fixtures. Whether you own your building or lease your workspace, commercial property insurance can be purchased separately or can be combined with other necessary coverage to protect your business’ physical assets.

Business Interruption Insurance

Risk Factor

What would you do if a fire impacted the operation of your production line and prevented you from serving clients for a day or more? Or what if a pipe leak caused a system outage or extended downtime, leaving your production line inoperable? These and other events can destroy your ability to serve clients and bring in revenue, which can have a major long-term impact on the viability of your business.

Solution

Business interruption insurance compensates you for lost income if your manufacturing facility cannot operate as normal due to damage that is covered under your commercial property insurance policy, such as fire or water damage. Business interruption insurance covers the revenue you would have earned, based on your financial records, had the incident not occurred. The policy also covers operating expenses, like electricity, that continue even though business activities have come to a temporary halt.

Product Recall Insurance

Risk Factor

When a product you manufacture is found to be defective and causes bodily injury or property damage to others, you may be held financially liable. Product recalls can be involuntary (required by a regulatory agency or the government) or voluntary (the manufacturer notices a defect that is unlikely to force an involuntary recall), and can be costly.

Solution

Product recall insurance covers expenses associated with recalling a product from the market. Coverage can include customer notification costs, shipping costs and disposal costs. Coverage generally applies to the manufacturing business itself, though additional coverage can be purchased to cover the costs of third parties.

Workers’ Compensation and Employers Liability

Risk Factor

If one of your employees receives an injury or becomes ill due to a work-related occurrence, you are required by law to have the proper coverage in place.

Solution

Workers’ compensation and employers liability insurance protects your employees should a job-related injury or sickness occur during the course of employment. Since benefits vary by state law, make sure your insurance agent is aware of all physical locations your business operates in and all physical locations where you hire your employees.

Business Auto Insurance

Risk Factor

As a manufacturing business, you have many exposures associated with your business vehicles – owned or leased. With a fleet of cars, trucks, vans or other types of vehicles used in the course of business, a single accident can potentially put your business in financial jeopardy.

Solution

Business auto insurance provides coverage for vehicles owned or leased by your manufacturing business and provides coverage for bodily injury, property damage and other exposures, and could include comprehensive and collision coverage as well.

Commercial Umbrella / Excess Insurance Policy

Risk Factor

Losses and lawsuits are quite common in the manufacturing business, and settlements can be substantial. If your business is found to be responsible for damage or injury, you could be facing a large liability loss that exceeds the basic limits of your standard policy.

Solution

You should consider purchasing a commercial umbrella insurance policy, which provides higher limits, typically between $2,000,000 and $10,000,000, and often broadened coverages. Coverage is extended over your general liability insurance, workers’ compensation and business auto insurance. It provides a great safety net and helps ensure your manufacturing business is well protected.

Motor Truck and Ocean Cargo Insurance

Risk Factor

As a manufacturer, you’re constantly shipping your cargo around the world either by land, air or sea – exposing your business to risk as a result of product loss, theft or damage.

Solution

You can purchase ocean marine insurance for your products while your shipments of goods are in transit - by truck, rail, air, ship or boat - until they reach their final destination.