Public RMs Pose Unique Risk Challenges
When shopping for an insurance broker, public risk managers are looking for someone who can offer fair prices and access to good products, but they also need services that are tailored to their unique exposures.
The primary demand brokers need to fill is access to good markets. "Without that they cant help us out, especially now with the government market dwindling due to mergers and acquisitions," said Peter Soriero, risk manager for Jersey City, N.J., and president of the N.J. Public Risk Management Association.
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