How ERS Saved $1.5M in Over Insurance During a Carve-Out

Situation

  • Insurance costs rising YoY across portfolio
  • Multiple disconnected brokers in Executive Benefits and Property & Casualty
  • Legacy broker relationships, limited benchmarking
  • Large public claim poorly managed
  • Insurance costs ballooning to 10% of revenue — far above industry norms

Process

  • Worked with 5 brokers to assess market options
  • Ran coverage analysis and right-sized policies
  • Partnered with the incumbent to restructure the program
  • Tailored strategy to support the company’s growth

Results

  • Uncovered $1.5M in excess cost from over insurance
  • Built a diligence-ready plan to assess all policies
  • Equipped the investment team with risk-adjusted insights
  • Enabled a cleaner valuation and deal close
  • Reduced post-deal insurance spend by 4–6 pts of revenue