Making the Impossible Possible
Unlike most brokers, Rivers Insurance Group views part of our mission as serving the businesses hardest to insure — those operating in high-risk industries or facing financial distress.
Perhaps no business is in greater need of a trusted consultative partner than one operating in a high-risk or complicated industry, or one in financial distress and possibly facing bankruptcy. Through longstanding relationships with carriers operating in these sectors, Rivers Insurance Group is able to secure coverage for clients quickly and at competitive premiums — often removing them from assigned-risk pools that unnecessarily drive up costs.
Sectors served
- Companies in financial distress, turnaround, or facing bankruptcy
- Companies in Chapter 11 & Chapter 7
- Manufacturing
- Contracting
- Entertainment
- Workers Compensation
- Retail
- Health Care & Social Services
Distressed companies & those in bankruptcy
As a member of the Turnaround Management Association (TMA), we fully understand the needs and challenges faced by companies in turnaround, financial distress, or bankruptcy. This allows us to serve as their trusted partner when they need us most, while offering the added benefit of our TMA association.
Workers Compensation — assigned risk remediation
Some companies are forced to secure mandated Workers Compensation insurance in state-supported assigned risk pools or state funds. These forced placements bring higher premiums and reduced services. We perform a thorough analysis of a client's individual loss experience and present it in a light that allows an underwriter to offer coverage in the voluntary marketplace — reducing expenses and restoring proper service.