Peabody, MA -- (ReleaseWire) -- 10/13/2023 -- From all perspectives, record inflation, monetary tightening and increased geopolitical risk have prompted many companies to take a closer look at how adept they are at confronting crisis. The ability to absorb shocks and pivot quickly requires innovative thinking. At the forefront of these fresh new strategies is the eMaxx Assurance Group of Companies, which has announced its 2023 Risk Management Summit: Reimagining Possibility, October 15-18, at The Boca Raton in Florida.

eMaxx has made an indelible mark on the captive insurance market with its tech-enabled approaches to delivering risk management and claims management. By empowering clients as true partners in the captive insurance experience, eMaxx has become a respected industry leader, nationwide. With solution-based initiatives, this commercial insurance trailblazer will host one of the biggest and best risk management conferences of the year.

The Summit offers something for everyone: small and middle market companies, commercial property and casualty insurance firms, insurance brokers and agents, defense law firms, risk management and technology service providers and claims management service providers. Participants come for a variety of reasons, but most are looking for 21st century answers to foundational questions in an increasingly litigious and technical world. These issues include: improving property and casualty insurance programs, innovating variable cost captive solutions, learning new loss prevention and safety techniques, implementing effective risk management technologies, finding smarter liability defense strategies against reptile theory, managing workers' compensation claims and using risk management technologies to make changes in driver behavior.

The three-day conference underscores the importance of key areas: 1) risk management, 2) loss prevention and safety and 3) claims and litigation management.

Maximizing insurance through alternative risk solutions is at the core of eMaxx. Several Summit sessions will focus on industry best practices in niche markets such as utilities, energy and specialty transportation. Technology goes hand in hand with risk solutions, especially for these vertical industries. eMaxx's expertise in this area is unparalleled. An entire session on risk management will feature eMaxx's preferred technology partnerships and the newest platforms that have been released into the marketplace. These preferred technology providers will preview what's expected in the future and how to gain access to these hot new products. Innovations include everything from platforms to mitigate distracted driving to the state-of-the-art preventative vehicle maintenance and benchmarks for post-accident emergency response.

eMaxx experts will spotlight insights and perspectives of special interest to defense counsel. For example, a segment on defending the witness for reptile theory will discuss the implications of preying on jurors' fear of danger, rather than looking at overall safety protocols. Another timely topic, hiring practice and workers compensation denials, will offer advice about using light duty during return-to-work transition and educating employees about their work environment to enhance loss prevention. Legal experts will also share data on the latest changes to Florida tort reform and how it has impacted employment litigation.

In addition to these core topics, training for brokers—both new to selling alternative risk insurance solutions and experienced in captives—is on the agenda, along with spirited roundtable discussions that underscore the importance of leading with safety and partnering with experts in the field.

Winston Churchill once said, "The price of greatness is responsibility." This fall, do the responsible thing for your company and invest in decision making that will bolster your risk management tactics and ignite your business's future. Maximize your insurance with tech-enabled solutions. Learn how at the eMaxx Summit.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 10/13/2023 -- Most businesses are aware that specialized insurance coverage is fundamental. Of the three main areas of coverage—worker's compensation, liability and property—which is most crucial? Although all are important, many experts agree that commercial property insurance can be the difference between a company going under and staying afloat during a disaster or hardship. The Small Business Chronicle ranks it as one of the most important investments a company can make.

Simply stated, this type of coverage safeguards a company in the event of loss to the place of business. This loss can occur as a result of fire, natural disaster, theft or vandalism. Policies protect valuable assets such as buildings, equipment, tools, machinery, documents and records. In short, for owners, renters or leasers, the decision to obtain coverage should be a 'no-brainer.' Interestingly, the National Association of Insurance Commissioners states that damage from "riots, civil commotion and vandalism" is usually included, as well, which has been at the forefront of business damage in recent years. In this case, business interruption coverage would work in concert with the policy.

Clearly, just about every market benefits from property and casualty insurance. But how does a company find the best match? Industry leader eMaxx is a nationally recognized and respected provider of captive and risk management programs. The team understands the importance of this type of coverage and knows how to deliver tried and true policies with modern, innovative solutions that use the latest technology tailored to small, mid-sized and large companies.

With eMaxx, the property damage insurance claim process is streamlined and efficient. Their seasoned professionals know how to evaluate a case's validity and can provide accurate estimates of how much a company will pay. eMaxx also uses cutting-edge cloud-based and data-driven automation that helps reduce expenses and decreases human error. Client representatives cater to each company and are available 24/7 for consultation. Programs help detect fraud, analyze societal trends such as social inflation (rates beyond typical inflation rates) and unfair judicial verdicts. As a result, this superior process can avoid litigation altogether. Speed and efficiency keep administrative costs down and less premium is used toward these fees.

In niche markets such as transportation, energy, construction and waste and recycling—where property and equipment damage translate to big dollars—the best investment property insurance is worth every penny. Customized policies can be designed to include special circumstances such as debris removal, preservation, detached trailers and cleanup of pollutants. Each policy safeguards against different risks. That is the beauty of working with the professionals at eMaxx. Coverage is not a one-size-fits-all agreement, and the team at eMaxx includes experienced professionals in areas ranging from risk management to litigation, group captives, financial structuring, technology development. They bring more than 50+ years of experience in specialty areas as well, including HAZMAT, carrier safety inspection, oil and gas systems, construction health and safety inspection and fire services.

From every angle, eMaxx commercial property insurance programs have your place of business covered. Contact a broker today to safeguard your most valuable assets.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 10/13/2023 -- When it comes to dispensing business wisdom, Malcom Forbes once said, "It's so much easier to suggest solutions when you don't know too much about the problem." False claims or unvetted information can be detrimental, particularly for niche industries that rely on experienced specialists to guide their decision-making. This is certainly the case in the highly specialized renewable energy sector. Companies cannot afford to partner with commercial insurance providers that have no experience in this industry. Rather, they need to re-think their policies and re-examine their risk management programs to prepare for unprecedented needs. Where can they find the expert guidance of an energy solutions insurance company that brings together the best in commercial coverage and state-of-the-art technology? The answer is simple: eMaxx.

eMaxx understands the unique needs of this growing sector of the economy. The nonprofit organization Environment America estimates that solar, wind, water and other replenishable sources provided almost 75% of new electrical generating capacity in 2022. This usage rate surpassed regulators' previous expectations. Moreover, this usage continues to grow at record levels, according to a report from the International Renewable Energy Agency in 2023. A huge shift to a decarbonized world is taking place, and the insurance market is going to play an important role in this metamorphosis.

Energy facility owners are required to purchase coverage as part of their borrower obligations to investors from banks and institutions. Renewable energy insurance can help offer solutions for solar energy, as well as green and alternative energy with full replacement cost coverage. This includes equipment and covers the construction and installation phases.

What makes eMaxx stand out as a tech-enabled specialty provider of commercial property and casualty programs, is its ability to provide highly successful alternative energy warranty products through a variable cost captive. This suite of programs supports manufacturers, developers and owners by providing an insurance-backed solution to product and performance shortfalls, including reduced output from manufacturer defects. These warranty products aid financing because they mitigate performance risk and improve the strength of manufacturers' and contractors' warranties. This insures the performance of these projects and reduces credit exposure—both of which bolster owners' confidence.

eMaxx pioneered their renewable energy insurance solutions in response to environmental and social trends, increasing energy costs and volatility. As a result they developed turnkey approaches for businesses wanting to offer these products. Innovations include a segregated cell captive, proprietary policy forms, captive management and reinsurance brokering. Overall, the arrangement is a more capital-efficient structure. It also supports all ESG policies.

It's not always the case that a renewable energy company can find technical, engineering-based underwriting and a proven track record for programs that excel in loss prevention and risk management. But with eMaxx energy solutions, it is guaranteed. Reach out to an experience eMaxx team member today to learn more.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 09/13/2023 -- It's easy to get into a rut, and businesses are no exception. Even Harvard Business School recognizes this fact. A recent Harvard article titled "Novel Risks" warns executives of this complacency. Most business owners are fairly good at managing hazards by decreasing their likelihood and impact. But the routineness of these protocols sometimes prevents even the best managers from recognizing truly important events and problems when they occur. Consequently, they are not equipped to respond rapidly to novel risks.

How should companies—big, medium or small—react? And better yet, how can they proactively plan for these events? Harvard, like most experts, underscores the importance of setting up teams in advance to carefully plan risk management processes. No matter the size of the company, this can be daunting. Industry leader eMaxx can make it easier. Their highly acclaimed risk technology platforms and team approach to insurance and safety and loss prevention have placed them at the forefront of tech-enabled commercial insurance partners for over two decades.

Even for companies in niche markets, the steps of risk management process are inherently the same: identifying, assessing, treating, monitoring and reporting. Following these guidelines is critical for all businesses regardless of their market or size. This response impacts asset protection, finances and operations. Ultimately, it ensures that a company is fulfilling legal compliance, corporate governance and, in some cases, due diligence. Adhering to these rules will protect a business's reputation and credibility. The International Federation of Accountants goes as far as to say that it is critical to establish this "risk management culture" throughout a company.

Despite the importance of these processes, only about one-third of businesses take risk management seriously, according to the Journal of Accountancy. Small and medium-sized businesses are especially vulnerable; however, insurance experts agree that most of these smaller firms have the same risks as larger companies—only on a smaller scale. As a result, most of the programs for safety and loss prevention can be easily adapted.

The process of risk management should be integrated into the culture of the company and thought of as an integral part of the entire commercial insurance program that not only provides coverage in the event of a claim, but also looks ahead to prevent future claims. How can companies make this happen? Most experts recommend full transparency, engagement of all stakeholders as true partners in the plan, use of high-tech quantitation methods to better understand risks, and identification of new and emerging hazards using data from third-party providers. All of these tactics should be value-added.

The eMaxx team of professionals can provide all of these elements in a comprehensive, tech-based risk management program that offers solutions, values partnership and delivers results. From online claim management platforms to outstanding telematics, eMaxx thinks about your future before it happens. Plan now for unexpected circumstances and protect your company against their severe consequences. Contact eMaxx today.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 08/15/2023 -- It's easy to get into a rut, and businesses are no exception. Even Harvard Business School recognizes this fact. A recent Harvard article titled "Novel Risks" warns executives of this complacency. Most business owners are fairly good at managing hazards by decreasing their likelihood and impact. But the routineness of these protocols sometimes prevents even the best managers from recognizing truly important events and problems when they occur. Consequently, they are not equipped to respond rapidly to novel risks.

How should companies—big, medium or small—react? And better yet, how can they proactively plan for these events? Harvard, like most experts, underscores the importance of setting up teams in advance to carefully plan risk management processes. No matter the size of the company, this can be daunting. Industry leader eMaxx can make it easier. Their highly acclaimed risk technology platforms and team approach to insurance and safety and loss prevention have placed them at the forefront of tech-enabled commercial insurance partners for over two decades.

Even for companies in niche markets, the steps of risk management process are inherently the same: identifying, assessing, treating, monitoring and reporting. Following these guidelines is critical for all businesses regardless of their market or size. This response impacts asset protection, finances and operations. Ultimately, it ensures that a company is fulfilling legal compliance, corporate governance and, in some cases, due diligence. Adhering to these rules will protect a business's reputation and credibility. The International Federation of Accountants goes as far as to say that it is critical to establish this "risk management culture" throughout a company.

Despite the importance of these processes, only about one-third of businesses take risk management seriously, according to the Journal of Accountancy. Small and medium-sized businesses are especially vulnerable; however, insurance experts agree that most of these smaller firms have the same risks as larger companies—only on a smaller scale. As a result, most of the programs for safety and loss prevention can be easily adapted.

The process of risk management should be integrated into the culture of the company and thought of as an integral part of the entire commercial insurance program that not only provides coverage in the event of a claim, but also looks ahead to prevent future claims. How can companies make this happen? Most experts recommend full transparency, engagement of all stakeholders as true partners in the plan, use of high-tech quantitation methods to better understand risks, and identification of new and emerging hazards using data from third-party providers. All of these tactics should be value-added.

The eMaxx team of professionals can provide all of these elements in a comprehensive, tech-based risk management program that offers solutions, values partnership and delivers results. From online claim management platforms to outstanding telematics, eMaxx thinks about your future before it happens. Plan now for unexpected circumstances and protect your company against their severe consequences. Contact eMaxx today.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 07/17/2023 -- For mainstream retail or traditional market companies, the need to protect property, equipment, inventory and personnel is obvious and straightforward. These industries are typically easier to insure, and policy writing is more straightforward. Niche markets, on the other hand, face unique challenges based on the work they do. Industries such as transportation, towing, waste, recycling, energy, utilities, construction and even crane & rigging have a host of special concerns that can make underwriting complex. Their industries may not be housed in brick-and-mortar retail outlets, but their stakes are just as high. Arguably, these businesses have an even greater need for top-notch safety and loss prevention programs. Industry leader eMaxx provides both.

How important is safety insurance in niche markets? The significance cannot be overstated. In the towing industry, for example, safety and insurance are inextricably linked. By prioritizing risk management, companies can improve driver behavior over time, build employee morale, keep operators safe on the road and protect and maintain equipment. eMaxx provides some of the most innovative programs in the business, with a knowledgeable team of experts who are up to date on federal, state and local transportation regulations and motor carrier enforcement protocol. Moreover, because they are a tech-enabled company, eMaxx implements state-of-the-art technology to mitigate risk. From telematics to online training, certification, incentive programs and digital fleet management tools, these offerings can prevent injury and death. Moreover, they save money and increase underwriting profitability. Ultimately, they can save a business and help it flourish.

Loss prevention is equally important as safety programs in niche industries. After all, loss is shrinkage for any company. What is loss prevention? Simply stated, it encompasses all measures a company takes to control and reduce hazards Losses can be direct (e.g., accident or fire) or indirect (interruption of business). In niche markets, the risks often loom larger than in traditional settings. Construction companies, for instance, face daily worries of theft, vandalism and damage to high-value, hard-to-replace equipment and tools ranging from trailers to trucks, rigs, cranes, bulldozers, pavers, front-end loaders, storage units, sheds, officer trailers and more. In the waste and recycling market, The Institute of Scrap Recycling Industries has even set up an early-warning system for companies to help them search for stolen metal. Clearly no niche industry is immune to loss.

Locating an expert loss prevention group makes fiduciary sense. A recent McKinsey report finds that costs per claim are soaring, with a roughly $30 billion increase in recent years. Financial risk drives up premium costs, but proactive strategies can counter these trends.

Crafting the right policy is a layered process that involves a commitment to safety and loss prevention. eMaxx believes in tailor-made partnerships, not one-size-fits-all products. Contact their experienced team today to learn more.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 06/15/2023 -- When a business opportunity is labeled 'exciting' or 'dynamic,' most savvy executives take notice. In 2022, captive insurance is getting this recognition. In fact, Risk & Insurance Magazine recently reported that this type of commercial coverage is seeing record number of formations across the country. Why? Some point to a 'new resiliency' among insureds. These companies—big and small—want more control of their financial futures. They have more interest. And they're willing to assume and mitigate more risk if they have more input into their choices. The natural pathway for them is captives, and industry leader eMaxx is delivering these alternative and innovative solutions to partners nationwide.

What's heartening for this industry is that in the past several years, not only the Fortune 1000 companies, but the smaller and mid-sized firms are taking advantage of these programs, which are outperforming the traditional market and are proving their viability, even in an unpredictable economy. Because of their innovation and entrepreneurial roots, these programs are natural magnets for companies looking to make their insurance and risk management program an actual profit center.

Policyholder-owned captives, however, are more than a growing trend. They are the future, and eMaxx captive insurance arrangements are already there. The allure to self-insure may at first seem simple to companies venturing into these arrangements by themselves. But they may quickly learn that trusted advisors are critical to ensure that a program follows state and federal regulations and uses the most up-to-date technology. This is especially important for niche markets such as energy, waste and recycling, construction, crane & rigging, transportation, towing and utilities. These programs reach past geographical boundaries—garbage collection in cities, farm to market hauling and roadside assistance on an interstate highway. In each of these areas and in each of these industries, a customized eMaxx captive insurance solution is available.

What are the advantages? Because members have invested in their own insurance, they receive underwriting profits and dividend returns. This investment incomes accumulates to the benefit of the members. These members are viewed as partners; they manage their own program by participating on a board of directors and on one or more governing committees. eMaxx captive insurance also offers a reduction of operating costs and insurance costs with favorable loss experience. Ultimately, this is comforting insulation from large premium fluctuations.

Tailored coverages are available for commercial auto, workers comp and general liability. Moreover, members have extensive access day and night to claims management and loss prevention and safety programs, as well as web-based educational and training platforms. A top-flight team of professionals takes care of implementing state-of-the-art risk management technology programs such as dash cams and telematics to ensure that members are mitigating the threat of fraudulent claims. Nationwide eMaxx captive program members have seen a reduction in frequency and severity of claim outcomes with a 46% reduction in existing programs.

Improve your cash flow, reduce your operating costs and maximize your investment income to fund your losses. Forge a dynamic partnership with eMaxx and take control of your financial destiny today.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 05/17/2023 -- When was the last time your company assessed its risks and the technology to combat them? Most businesses don't spend enough resources—time or money—on these important factors and, unfortunately, pay the price down the road. Clearly, the issue of using innovation to combat threats and drive down commercial insurance costs is complex in an ever-changing global economy. But there is a place where the solutions to these concerns are presented all under one roof in one amazing weekend at one of the nation's most luxurious resorts. It's all happening at the premier Risk Management Summit, "Igniting Tomorrow," sponsored by industry leader eMaxx Assurance Group of Companies, Oct. 9-12, in Scottsdale, AZ.

What's unique about this conference is the diversity of workshops, speakers and breakout groups that are truly transformational. The Summit itself focuses on providing risk management, technology, claims, litigation oversight and captive insurance solutions to help businesses of all sizes control their destiny. All of the concepts and products presented promise to deliver innovation and success.

Innovation is key here. eMaxx understands the importance of coupling companies' innovations with smart decision-making. How significant is that relationship? It's majorly important. A Harvard Business Review studied the relationship between corporate technological progress and its inherent risks. It concluded that "any innovation requires a leap into the unknown." New technologies can indeed stimulate new risks; however progress requires sound corporate decision-making and management to use these innovations to succeed.

For companies that face specialized threats, this is especially relevant. eMaxx has spent two decades working with businesses in niche markets such as transportation, towing, energy, recycling, waste, utilities, construction and crane & rigging. In fact, eMaxx pioneered the Summit in 2008 with a focus on ways to provide alternative risk solutions to small- and middle-market companies in the transportation sector. Since then, the event has grown to attract luminaries such as this year's keynote speaker, the Honorable Vice President Mike Pence. In addition to his outstanding political accomplishments, Pence has been a strong leader in business investment and tax reform.

The risk management event agenda is not a generic glossing-over of topics. Rather, it provides hands-on, specific solutions and workshops from industry leaders who can demonstrate how to maximize insurance through alternative risk solutions. These 21st century, real-life products and concepts include: combatting social inflation and third-party litigation, loss prevention and safety, driver retention and qualification process, impact of geography on judicial verdicts, workers compensation strategies and cell phone forensics (retrieving electronic data for the purposes of legal evidence).

Why not join the best in the business to keep on top of the trends and learn how to make them a lasting, not a fleeting, part of your business? Join the experts at the eMaxx Risk Management Summit, October 9-12.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 03/17/2023 -- The co-founder of Google, Larry Page, once said, "Always deliver more than expected." Good advice. In a way, that's what a comprehensive commercial insurance wholesale program can do for its clients when administered effectively. This is especially important for mid-sized and small businesses who, because of their "difficult-to-place risks" and specialized industries, find it challenging to obtain solid coverage. For these companies, eMaxx is a welcome ally.

eMaxx wholesale programs have consistently outperformed much of their competition across the country. Delivering above and beyond the traditional menu of services, the team provides customized coverage in numerous areas. These include: bond, builders risk, construction, data breach, environmental, excess and umbrella, habitational, hospitality, human and social services, identity recovery coverage, management liability, manufacturing, marine, professional liability, Tank Safe, transportation, worker's compensation and property.

The list is long and comprehensive. Moreover, because of eMaxx's specialized expertise in unique lines of coverage, clients can count on this professional team to have easier access to, and more influence with, particular insurance markets. The International Risk Management Institute champions these features—a source of relief for niche companies, especially in the current fluctuating market.

But eMaxx doesn't stop there. A team commercial insurance experts are on hand 24/7 to partner with clients needs. For example, when a construction firm is combatting a legal claim, eMaxx comes through with outstanding litigation management to proactively anticipate these societal trends. Or, when a towing company needs help in resolving a case, eMaxx's accident reconstruction process analyzes how a collision happened with computer-simulated crash reenactments. This evidence can be very influential in the minds of judges and jurors.

No matter the niche market, eMaxx's seasoned team also provides expert claim adjustment, which is extremely important to uphold the relationship between the provider and the client. From determination of coverage to liability and settlement, this process is not only essential to resolution but also ethically fulfills the insurer's promise to its policyholder.

Environmental oversight and management are also part of the package that eMaxx provides with its wholesale programs. This is crucial to waste, utility, energy and recycling companies that require a host of services: remediation and abatement, storage tank installation, fire and water damage restoration, solar, wind and geothermal construction, laboratory analysis and soil and wetlands remediation.

Imagine all of these programs in one comprehensive package customized to your commercial coverage needs, with speed, efficiency and state-of-the-art technology to maximize your insurance. Contact an affiliated broker to learn more today.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 01/16/2023 -- Processing insurance claims can be a financial burden for most business owners, especially for small and mid-sized companies that have struggling to stay afloat in recent years. Executives at these firms may feel confident within their specialty; however, many lack the expertise or simply the time to delve into the details of each situation that crosses their desk. They may not be comfortable questioning their provider about the payout or legality of property, liability or workers' compensation cases, and consequently, they accept less than adequate handling and processing. But the importance of claims cannot be understated. McKinsey views it as "the single most important area in which to achieve a sustainable competitive advantage."

But not with eMaxx claims insurance. This nationally respected leader in the field of commercial captives and risk management knows how to use 21st century technology in conjunction with unparalleled 24/7 customer service to deal with each situation uniquely and answer every question. So clients become partners in the process and know that their best interests always come first. The seasoned team at eMaxx is 100% involved in the process—from start to finish. Research shows that by actively involving the broker in every step and coordinating the entire process with careful steps, several favorable outcomes are guaranteed: returns are maximized on the investment and settlements are negotiated properly to avoid. On the contrary, mismanagement negatively affects deductible outlays, loss and the bottom line. But eMaxx understands how to analyze historical loss experience to determine pricing and avoid higher than necessary payouts. As a result, profits are not adversely affected.

Clients emaxx claims management is state of the art. It uses the best existing technologies to digitize a good portion of the process for a clear competitive advantage among other providers. The breadth and depth of its suite of offerings is also unmatched. From automobile liability to general liability and property, eMaxx handles the entire litigation process, accident reconstruction, adjustment, cause and origin, environmental oversight and catastrophic response. The latter is especially important in sectors such as towing, transportation, energy, waste and recycling, construction and crane & rigging, where unexpected weather events and natural disaster is possible. eMaxx also covers the entire workers' compensation cycle, including nurse triage, provider bill review, nurse case oversight, official disability guidelines, return to work authorization and the premier InsurCard—a virtual pre-paid debit card that makes provider payments seamless and paperless.

What makes the eMaxx company so versatile is its success as Maxx Assurance Group—a tech-enabled consortium of operating companies which partner with each client and customize commercial policies to fit their needs in specialized markets. This includes 1) eMaxx Insurance Services which offers commercial property and casualty coverage programs as a retailer, wholesaler, program administrating and managing general agent, 2) eRisk Solutions which provides loss prevention and safety, investigational services, litigation counsel and oversight to affiliated companies and third parties, and 3) eTechnology Services which provides underwriting, loss prevention, training and telematics technology platforms with specific solutions for customized niche sectors. From advisement to representation to investigation, eMaxx covers all the bases.

Instead of losing valuable time and profits, let eMaxx manage your claims with the technology and experience that guarantee maximum return on investment and a seamless client journey.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 12/19/2022 -- Most business owners know that the most common types of commercial insurance are property, liability and workers' compensation. In simple terms, this covers damages to indoor and outdoor properties, damages to third parties and on-the-job accidents or injuries to staff.

Companies that lack the resources or staff to get the most mileage out of their coverage likely stop with these types of policies. Case closed. However, for companies that want more from their policies, want to take control of their own destiny and want to achieve lower costs, there are far more options than rigid, categorical coverage. The eMaxx Assurance Group, a diversified industry leader, offers so much more.

Consider large companies, which juggle multi-trilllion-dollar risks. They need the expertise of a team that is dedicated to analyzing causes and probability of accidents and injuries and can make recommendations to minimize costs. eMaxx provides this type of top-tier risk management platform that takes into account loss prevention and safety for specific niche markets. Some of these sectors are energy, waste & recycling, utilities, transportation, towing, construction and crane & rigging. Creating customized plans that handle driver education in the transportation arena, or product warranty in the energy industry, or telematics for employee behavior in the towing segment can make a huge difference in ultimate cost.

Another feature of a diversified program is unparalleled claim management. eMaxx members can count on a seamless, streamlined process. No delays. No unanswered questions. No worry about fraudulent claimants (especially in view of a recent Information Age report that every 5 minutes, insurance fraud is discovered). Their proven strategies combat nuclear verdicts and address societal trends before they fester. They also handle the nitty-gritty of claim adjustment, including interpretation of adjusters' notes.

Perhaps the gem of a diversified company is the opportunity to be part of a captive insurance program. eMaxx offers this, as well. In the past few years its group captive program has seen up to a 46% reduction in frequency and significant impact in the severity of claim outcomes among energy sector members. Members take part in controlling their destiny as true partners, serving on governing boards and making decisions that are right for their specific industry.

What fuels all of these spectacular programs are state-of-the-art technology services. With its 100 percent-based U.S. team of tech specialists, eMaxx has customizable products for both operational and client-based needs. Applications include data storage and output, underwriting analytic systems, management activity trackers and online 24/7 training platforms. The outcome: streamlined procedures, faster turnaround, improved decision-making and elevated results.

Trust your commercial insurance needs to a proactive tech-enabled provider that has delivered results to satisfied members across the nation. Contact an eMaxx representative today.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Peabody, MA -- (ReleaseWire) -- 11/17/2022 -- No matter the size of a company, all businesses need insurance. However, many of these firms are handling their coverage the old-fashioned way. These old-school scenarios may sound familiar: policies handled in separate systems from loss prevention and safety incidents, manual input that should be replaced with automation, information pulled from other companies or brokers via email or spreadsheets instead of a centralized data system, response to workplace problems after the fact instead of proactive planning and creation of policies that benefit the insurer and not the insured. At the most basic level, Insurance Journal estimates that 75% of businesses are flat out underinsured.

Taking the first step to fix these problems may seem daunting to the average business owner, especially small business owners who typically wear many hats and need guidance about coverage. The answer begins by simply reaching out to one of the nation's leaders in alternative, tech-enabled commercial coverage solution providers: eMaxx—an all-encompassing, one-stop solution experience where members take control of their own destiny with coverages and achieve lower costs.

How does this work? In a captive insurance structure, customers become owners because the owners are customers. It's empowering, it's liberating and it works. Members partner with the pros to curate the policies that work best for them. This is especially important for underrepresented niche markets, including energy, utilities, transportation, towing, waste, recycling, construction and, most recently, crane and rigging. Clients are true members of the eMaxx governing boards and make important decisions for their bottom line.

On top of the solid coverage are additional strategies that are integral to the eMaxx experience. This includes risk management technology, which John Talley of the Missouri Department of Commerce & Insurance said is "crucial to the operation of any business…and captive insurance companies are excellent vehicles." In short, the two strategies are inextricably linked. High-tech platforms are no longer simply recommended; they're required to make a difference in the marketplace. eMaxx offers everything from 24/7 learning platforms to access to third-party data, warranty reviews, state-of-the-art telematics, dashcams and more.

Furthermore, claims management is part of the entire platform. This strategy identifies and analyzes societal trends using third-party data to avoid or mitigate harsh litigation judgements before they happen. It also streamlines the entire processing and review experience from start to finish. From liability to workers compensation, clients can rest assured that they are receiving and taking part in tailored coverage.

Better control, far-reaching benefits, previously unattainable coverage, a stake in the profits and lower costs. Why not take advantage of all of these benefits by partnering with eMaxx. Reimagine your commercial program today.

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Peabody, MA -- (ReleaseWire) -- 09/19/2022 -- Henry Ford once said that "the best we can do is size up the chances, calculate the risks involved, estimate our ability to deal with them, and then make our plans with confidence." This wisdom translates to the corporate world, as well. Companies—no matter their size—are smart to follow this advice when searching for insurance solutions, which include alternative risk captives.
Why are these smart choices? As Ford suggested, captives calculate risk and put the future in the hands of the policyowner. Members take control of their own destiny with customized coverages and, consequently, achieve lower costs through state-of-the-art risk management technology platforms, proactive safety and loss prevention programs, claims oversight and litigation management. All of these key solutions for insurance may seem like a lofty goal, but that's not the case if companies partner with eMaxx, one of the nation's leading tech-enabled captive providers. This industry pioneer pools the best legal, IT, risk management and claims specialists in a variety of operating companies to deliver customer satisfaction. However, one of its shining features is its ability to offer integrated insurance solutions.
This idea of integration combines the profit-sharing of finite risk policy with the complete transfer of risk associated with traditional policies. One of its hallmarks is seamless delivery of a variety of benefits (including workers' compensation, group health and disability) alongside case management, policy customization, profit-sharing and tech-infused risk management implantation.
This innovative proactive perspective of commercial coverage wins every time for most companies. The options are diverse. Coverage insurance solutions include tailor-made programs for commercial property and casualty. They also offer loss prevention and safety, claims investigation and oversight and litigation management, as well as underwriting, training and telematics technology from 50+ providers nationwide. All of this is possible in a variety of insurance vertical sectors, such as waste, energy, recycling, utilities, construction, crane and rigging, transportation and towing. This specialization is comforting to companies, big and small, that want to be confident in the expertise of its provider to set sufficient rates to protect the client yet be competitive. They must have the depth and breadth to understand the inherent risks of the specific industry based on experiences with similar businesses. The end-result is an unparalleled program that reaches to include financial risks that might be uninsurable in traditional markets, but a viable solution in an alternative structure. Down-the-road obstacles such as currency fluctuations or changing commodity prices will not be an issue.
If your company is looking for diverse coverages that incorporate employee training, risk management, complete claim management, litigation management, custom coverage with the opportunity to participate in decision-making and outstanding cost reduction, then eMaxx is the answer. Call this seasoned team directly or through affiliated agents or brokers to learn more.

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Peabody, MA -- (ReleaseWire) -- 06/20/2022 -- In the world of commercial insurance, creating provisions for safeguarding assets and preventing loss is non-negotiable. Any reputable company knows this. However, where many businesses fall short is how they build and deliver these programs. It can be the weak link in policy development. Ernst & Young recently reported that using IT effectively for risk management can be the biggest weakness for many companies.

The American Institute of Certified Public Accountants published research that commercial insurance executives often lack cutting-edge resources, analytical processes and innovative tools. Moreover, they are reactionary instead of being proactive. They need to improve their identification, collection and analysis of risk data to be prepared for an "unexpected loss event."

So if the problem is so prevalent, what can firms do to gain the competitive edge? Experts agree that companies need to take advantage of the 21st century developments in big data, mobile applications, cloud computing, analytics and enterprise resource planning. Industry leader eMaxx offers all of these tools and more to maximize profit and minimize loss. For more than a decade, this professional team has partnered with over 150 companies to create commercial insurance policies that harness the power of IT.

The risk management technology platforms available from eMaxx bring the best technological and data analytical software and tailor its capabilities to small-, medium- or large-scale transporation and utiltity businesses, helping them educate drivers, track activity, generate reports and review claims (including adjuster notes). User-friendly software takes into account the fragmented commercial telematics market, the overly litigious claim climate and the current driver shortage in the U.S.

eMaxx stands behind its risk management technology with a brilliant team that has been integrating IT into the insurance industry for many years. Team experience includes design and programming, web applications design, data warehousing and business intelligence using various reporting tools and data integration. As a result, clients enjoy the implementation of web applications including the risk management activity tracer, underwriting analytics systems, claims management system and learning system.

This insurtech approach ensures that clients have the best web-based software coupled with the finest claims management and guaranteed lower costs. Results are clear. ELive Connect provides the tools to identify and modify drivers' behavior. By leveraging telematics data and online learning, drivers' behavior becomes safer over time. A web-based safety and learning center—available 24/7—gives employees the opportunity to improve their skills. The process is ongoing and evolves as new IT capabilities become available.

Merge the hottest technology with the best commercial insurance. Contact eMaxx today.

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Peabody, MA -- (ReleaseWire) -- 02/04/2022 -- In the energy and transportation industries, risk goes with the territory. To combat this problem, most companies need an adequate risk management plan, which takes time and resources. In the natural gas industry, for example, a whopping $6 billion is spent annually on safety programs. And a recent study from NIOSH (National Institute for Occupational Safety and Health) reports the same findings in the towing industry, which has a "higher rate of work-related death and injury" in comparison to other industries.

Most companies want to do the right thing. They are seeking a proactive loss prevention system to save lives, protect their company's reputation and reduce overall costs. However, as technology changes rapidly, many companies may not be aware of the cost-savings mechanisms that are available when they partner with the insurtech firm, eMaxx. One of the leaders in providing captive and commercial insurance and risk management programs in the energy and towing arenas, eMaxx anticipates problems, helps companies plan, mitigates damage and educates clients about ways to improve safety.

eMaxx provides its clients with diverse risk management services and support through its unique product eRisk Solutions. This platform is turnkey. In the towing industry, for example, eMaxx works to provide industry-specific support telematics products that enable clients to monitor vehicular performance and driver distractions by connecting both the driver and the vehicle to a monitoring platform. In the energy industry, in the event of an explosion or accident, a seasoned team of professionals with more than 20 years' experience, works with clients to provide the necessary tools and resources to ensure best-in-class results. Whether it be a fire, workplace trauma, environmental cleanup, property damage building valuation, product defect or accident reconstruction, all it takes is one call, and eMaxx programs provide the solution.

In the past three decades, insurtech capabilities have evolved, and eMaxx safety program development has kept the pace every step of the way. What makes the offerings most effective is that every technological platform is coupled with claims handling, cause and origin and accident reconstruction services. This unique combination guarantees the best of all worlds for every client and ultimately reduces long-term loss costs and increases underwriting profitability.

eMaxx is proud to offer a breadth and depth of industry experience in a variety of related fields, including HAZMAT instruction, Department of Transportation policy, carrier safety inspection, propane and oil systems, oil and gas, construction health and safety and fire service. Educational services range from safety program development to mock DOT/OSHA audits, driver training, certified employee training programs, RigPass training, OSHA 10/30 hour courses for general industry and construction, telematics management and creation of incentive packages.

Take advantage of a unique combination of risk management, commercial insurance and client coordination with state-of-the-art technology that will safeguard your employees and assets now and in the future. Contact eMaxx today to learn more.

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