How ERS Drove 15–20% Cost ReductionsAcross a PE Portfolio
Situation
- 14 portfolio companies with fragmented, inconsistent broker relationships
- Lacked portfolio-level visibility, benchmarking, and a unified risk strategy
- Rapid deal flow without scalable insurance infrastructure
- Insurance treated as a reactive renewal process, not a value lever
- Rising premiums and limited broker accountability across risk and health insurance
Process
- ERS assumed centralized governance of all insurance activity across the portfolio
- Ran 5 competitive RFPs (Request for Proposal) engaging 20 brokers across risk and health
- Designed and delivered a portfolio-level data and benchmarking model
- Right-sized policy structures and funding strategies during diligence and post-close
- Implemented ERS’ 12-step account service model for claims, renewals, and cost control
Results
- 15–20% cost reductions at initial engagement
- Estimated $3.5M–$5M in aggregate savings
- 136 policies and $33.1M in GWP (Gross Written Premium) placed and managed under ERS
- $28.78M in annual premium now under a cohesive strategy
- Strong alignment between insurance, valuation, and investment thesis
- Standardized broker performance and improved coverage across portcos