THREE PHASE PROCESS

This process was designed by one of our founders and has been used for condo HOAs, school systems, hospitals, county and city municipalities and businesses of all sizes for over 40 years.

An entire bid process cycle takes approximately 1.5-3 months. The first major step is to professionally prepare the insurance bid specification. Next, the bid specification is distributed to agents. Once our electronic bid forms have been completed by the agents, Guardian Insurance Risk Management analyzes the responses. Finally you (the insurance buyer) will receive a detailed report and feature comparison. The side by side comparison includes financial, coverage and conditions scores for each response and will indicate a clear winner for your insurance business. As an informed insurance buyer, you will learn that best quality coverage is not always the most expensive.

Timeline 

The process needs to begin well before the current policy comes up for renewal. When the client is able to quickly provide the required documents and other information, we may be able to accelerate the process. By allowing additional time for the the bid response period, you can expect greater participation from bidders.