Background
Partnering with a large group
This large group operating across two states on the Eastern seaboard approached Early Learning Solutions (Au) insurance specialist for a comprehensive review of its existing policies and the insurance premiums currently being paid. Given the size of the group, any incremental savings on its group costs would result in significant profit uplift.
Challenge
Growing pains
The group had scaled significantly in recent years and always accepted- without question- the insurance policy it was provided by its insurer.
With rising interest rates and inflationary pressures, the group executives also had a mandate to derive savings on its total cost base. The group needed expert guidance to reduce costs while ensuring adequate coverage. We delivered.
The group was pleased to find out that the overall insurance premium costs was lower than the previous year’s combined cost.
