Sterling Risk Advisors
Commercial - Retail - Sterling Risk Advisors - Insurance Brokerage, Risk Management

Commercial - Retail

As a trusted strategic partner focused on premier customer service, Sterling Risk Advisors provides comprehensive solutions for commercial and retail businesses. Our dedicated professionals have unique knowledge and understanding of the risk exposures inherent in businesses ranging from small and medium sized, to Fortune 1000 companies.

A Solid, Expert Approach to Client Needs 

Based upon years of expertise providing risk management strategies that are tailored to each client’s unique situation, Sterling Risk Advisors specializes in designing, placing and monitoring corporate risk management and insurance programs through top-of-the-line insurers. Our clients trust us to help them minimize risk while maximizing value. Each engagement begins with a comprehensive evaluation that is based upon risk management objectives. Following this evaluation, a program is designed around client objectives and funding requirements.

Comprehensive Services Based Upon Business Knowledge

Our professionals are not only experts in the insurance business, they’re experts in our clients’ businesses as well. Only by knowing your business in all its intricacies can we develop a strategy that is right for you. Commercial business insurance is designed to protect clients’ property and assets from a damage and liability perspective. It addresses general liability, design liability, business interruption, directors/officers and fiduciary liability, environmental, and professional liability insurance, among others. Our product offerings include, but are not limited to:

General Liability

Designed to protect business assets following the filing of a lawsuit for property damage or personal/bodily injury resulting from an incident or alleged incident caused by your company or personnel.

Business Property Insurance

You have a lot invested in physical assets – buildings, furnishings, fixtures, computers, valuable papers, inventory, equipment and records among others. Business property insurance can not only cover you for the loss or damage to these assets, it can also provide income until you are up and running again, depending on your policy.

Commercial Auto

Typically, vehicles involved in accidents while conducting company business may not be covered by personal auto insurance. The results can be costly. Our professionals review the business use of autos, vans, trucks, pickups and rented or non-owned vehicles to develop a plan that is right for your circumstances. This also includes the use of personal vehicles while on company business, and rented vehicles for traveling employees.

Workers Compensation

Workers Compensation Insurance is required by law in all 50 states. It can be cumbersome to manage. Sterling Risk Advisors identifies plans to prevent or minimize loss resulting from employees’ job related injuries. Based upon a company’s loss and premium history, our experts provide a detailed analysis, predicting costs and future premiums, along with recommendations for consideration. We negotiate with insurance carriers to assure favorable costs and coverages. In addition, Sterling Risk Advisors offers ongoing consultation and recommendations for self-insured companies.

Workers Compensation Experience Modifier

Our professionals have an in-depth understanding of the Experience Modification calculation and its intricacies. We continually evaluate for accuracy and provide counsel in understanding loss frequency and loss severity impacts, year-to-year impacts, and estimates and analysis of any other changes within the calculation.

Umbrella Insurance

Umbrella insurance extends a company’s coverage beyond the basic limits of its general business policy. This is important in the event of a major catastrophe, loss or lawsuit, etc. Coverage is generally relatively inexpensive, yet provides peace of mind if disaster strikes.

Errors and Omissions Coverage

Errors and omissions insurance is business liability insurance for professionals such as insurance agents, real estate agents, architects, third party administrators and other business professionals. An error or omission, a mistake that causes financial harm to another, can occur on almost any transaction in any profession. This type of insurance helps to protect a professional, an individual or a company from bearing the full cost of defense for lawsuits relating to an error or omission in providing covered Professional Services. This is separate coverage from a standard general liability or property insurance policy.

Program Development

There is no standard program. Our experts will analyze and discuss losses, controls, and financial implications to assess the risks and rewards of retention programs. Our extensive experience includes mid-level and large deductible programs, paid and incurred retro programs, multi-line deductible programs, as well as self funded/insured programs.

As your trusted strategic partner, Sterling Risk Advisors provides only the best advice and counsel, creating long-term relationships that are mutually beneficial to both parties. Our industry success is founded upon integrity, mutual trust and respect.

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