Capabilities & Services

Payne Consulting is an insurance consulting firm acting as fee paid strategic advisors to corporate insurance buyers.

Insurance issues can be very complex and expensive. Our clients prefer to receive counsel and advice on these issues from someone other than the one selling the insurance policies.

Solutions to issues are practical and innovative, and recommendations can be readily implemented. We offer a fresh look, distancing the client from historical relationships, to better test the competitiveness of the existing program and its brokers and vendors. We receive 100% of our revenue from our clients. We do not participate in any commission revenues.

Our clients can be found in the following areas:

• Banking and Finance
• Real Estate Developers
• Hotels and Resort Properties
• Condominium Associations
• Manufacturing
• Heavy Equipment Dealers
• Construction and Environmental Firms
• Technology

As consultants, we offer the following strengths to our clients

• A fair and unbiased review and analysis of your insurance program with strategic planning guidelines for implementation.
• RFP coordination in the selection of Agents/Brokers.
• Specific tasks and deliverables set to a timeline of performance for all vendors.
• We benchmark your premium costs vs. others in your specific industry.
• The "too much, too little" litmus test is applied to all accounts. What is a good buy, and what is not, for your insurance budget?
• Our own, unique "101 Ways to Save Premium Dollars" checklist guideline is applied against all our Clients programs.
• We develop measures of performance and accountability for your Agent/Broker and insurance carriers involved with your portfolio, and monitor compliance.
• Thirty eight years experience in the insurance industry.

"Whit was instrumental in designing and developing our insurance program, resulting in savings of 25% of our total costs, while obtaining increased coverage limits, 5 times greater than previously available to the company..."
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