1. INSURANCE CASE STUDY LOWERING PREMIUMS AND BUILDING YOUR WEALTH

2. IN THE BEGINNING THIS CONCEPT APPLIES TO ALL TYPES OF BUSINESSES, HOWEVER THIS CASE STUDY INVOLVES A DEVELOPER INVOLVED IN COMMERCIAL, MULTI- FAMILY AND SINGLE FAMILY HOME DEVELOPMENT. WHEN THE CLIENT INITIALLY CONTACTED MPR- FINTRA, INC. THE BUSINESS WAS PAYING A PREMIUM OF $1.5 MILLION FOR COMMERCIAL GENERAL LIABILITY LIMITS OF $1 MILLION/2 MILLION.

3. IN THE BEGINNING (CONT.) THE CLIENT ALSO PURCHASED EXCESS LIABILITY WITH LIMITS OF $3 MILLION EXCESS OF $1 MILLION AND PAID ANOTHER $400,000 FOR THAT POLICY.

4. IN THE BEGINNING (CONTINUED) THE CLIENT WAS PAYING A TOTAL PREMIUM OF $1.9 MILLION A YEAR FOR LIABILITY COVERAGE AND THE CLIENT HAD A PILE OF RECEIPTS AND NOT ASSETS TO SHOW FOR THE PREMIUMS PAID!

5. THE CLIENT HAD LOW LOSS RATIOS AND WAS BEING PENALIZED BY THE INSURANCE INDUSTRY

6. MPR-FINTRA, INC DESIGNED A PROGRAM FOR THE CLIENT, AND THE CLIENT IMPLEMENTED IT.

7. AT THE END OF A FOUR YEAR CYCLE, THE CLIENT NOW HAS $7.5 MILLION IN CASH ASSETS & ACTUAL OUT-OF-POCKET PREMIUMS HAVE BEEN CUT TO $675,000

8. COVERAGE/PREMIUMS/ASSETS

9. Really Good News The client entered the program when the development business was “hot.” The developer kept building up their own surplus assets to the point that their out-of-pocket premium expenses are now 1/3 of what they previously paid. The client is left in an enviable position with $7.5 million in insurance assets and very low premium payments.

10. IT’S NOT TOO LATE The financial crisis is hurting the investments of insurance companies. As a result, they will be increasing their premiums to stay profitable. Now is the time to consider your own asset building form of insurance so you aren’t locked into increasing premiums even in bad economic times.

11. OUR JOB THE FINTRA CLUSTER BELIEVES IT HAS A DUTY TO CREATE A “WIN/WIN” PLAN FOR THE CLIENT!