Entries by Michael Stoop

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The Two Biggest Mistakes Businesses Make When Purchasing Insurance – Part I

Whether you are a business owner, CFO, or the lead operational muckety-muck, you get a pit in your stomach when it’s time to renew your company’s insurance program—a common theme we have heard in 20-plus years consulting with businesses of all shapes and sizes. This occurs primarily because of the failure to invest the required […]

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6 Commercial Insurance Myths It’s Time to Debunk

We hear misconceptions every day regarding commercial insurance. It’s no one’s fault really as commercial insurance can be extremely complex, and organizations with complex insurance are truly underserved by the insurance community. We’ve been taking note of the most common myths we’ve heard this month and included them below. We will continue to add to […]

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The Single Most Underutilized Tool to Gain a Competitive Advantage – Profit & Loss Statement

As fall approaches each year, it triggers our strategic thinking about our company goals for the next year and how we will achieve them as an organization. I am sure if you are taking valuable time to read this, you also have the foresight to plan, budget, and execute a Profit & Loss Statement. Most […]

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“Careful Our Daddies Work Here” Site Safety Posters Are Here

As you and your team are well aware,  maintaining a safe work site pays huge dividends to the long term cost structure for your company. With the high cost of employee injuries impacting both your future workers compensation & liability insurance premiums ;  we think it’s wise to keep safety top of mind each day […]

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Leverage These 3 Insurance Brokerage Services to Lower Your Costs & Gain a Competitive Advantage

In today’s evolving marketplace, many best practice firms are leveraging their vendor partners for extra services, driving extra value to their organization. The insurance brokerage relationship is one of the primary areas these firms are mining in order to drive down their unit costs and gain a competitive advantage. Listed below are a few examples […]

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3 Step Solution For Employees With Frequent Workplace Injuries

  We see many common trends working with companies over the years that suffer high costs due to workplace injuries. One common thread is that in many of these companies you will see employees who have suffered multiple workplace accidents. At Metropolitan Risk we like to be proactive in our default response, assuming that these […]