Retail

Nexus Partners Insurance understands that reducing costs and increasing profitability are principal factors to the success of your business. Our client base encompasses all industry sectors, including grocery stores, department stores, discount stores and warehouses, specialty stores, and distributors.

We perform objective risk management assessments, innovative portfolio design, partner with the right insurers, and follow through with the implementation of effective loss prevention programs.  These processes help you control your total cost of risk.

An example of our programs and techniques include the following:

  • Risk assessment and hazard analysis – both property and liability
  • Claims analysis and reserve monitoring
  • Safety management systems
  • Safety training and written safety programs
  • Accident investigations
  • Business contingency planning

We deliver risk solutions to control your losses and provide you with long-term reductions in your total cost of risk.

  • Information and Network Security — The Internet and electronic networks provide retail businesses with greater speed, efficiency, and worldwide access to potential markets and customers. But it also brings new legal uncertainties and complex risks. Nexus Partners Insurance offers comprehensive consulting and risk transfer services that enable companies to manage their e-business, information, and network exposures.
  • Claims Consulting — For most retailers, employee and customer claims constitute the largest share of total cost of risk.  We will partner with you to manage these claims more cost-effectively.
  • Property Risk Management — Retailers often operate stores in locations that are vulnerable to natural hazards. Substantial values, especially at distribution centers and multiple operating locations, create potential for under-insuring risk. Our property and natural hazards risk consulting and property valuation services can help retailers evaluate and mitigate their exposure.

To learn more about how our retail risk management solutions can benefit your business, please contact one of our professionals.