Risk Suppression Partners is proud to announce we are officially open for business. As a Lloyd’s Coverholder with approved capacity and binding authority, we’re open to the public and already writing business for quality fire and life safety contractors. Our model serves to work with the contractor’s agent and broker of choice as we find value in and support those relationships.
Risk Suppression Partner’s offerings are the result of an intense study of, and experience with, our targeted fire and life safety contractor and insurance broker partners. The message we received is the single most important aspect of a trusted insurance partner to a contractor is how claims are handled. We listened and Risk Suppression Partners has retained direct oversight over our hand-picked claims TPA, bringing our cadre of experts and attorneys who really do know the fire suppression and alarm & security market. This is powerful!
Marrying our privilege of participating in the fire and life safety industry as NFPA technical committee members, state Fire Sprinkler Boards, a variety of association committees including the NFSA E&S committee, with the insurance industry experience as carrier loss control and claims representatives for over 25 years, puts us in the unique position to give our customers what you have asked for; an industry dedicated Insurance Partner!
Consolidating underwriting and focused claims servicing leads to a targeted strategy we refer to as risk architecture. A strategy aimed to empower our insureds to mitigate exposures from relevant and timely program loss experience, with the tools and techniques provided and supported by Risk Suppression Partners directly.
The role of insurance can be complex which is why we specialize and focus on the General Liability exposure, additionally supporting excess, pollution and professional coverage needs. Insurance should be more than just a policy. Risk Suppression Partners is committed to bringing value to the insurance transaction that can be under-served in specialty markets like Fire Suppression. We believe in our culture and approach to this market and look forward to sharing it with you.