Newman Associates serves as your purchasing department in the confusing world of property-casualty insurance. Our clients spend $100,000 or more on their insurance coverage annually, and they turn the job of purchasing it over to us. We don't sell insurance, and we don't accept compensation of any kind from insurance companies. We work only for our business clients, offering these services: RISK MANAGEMENT We examine all aspects of your business operations to identify and manage insurable risks. We use a number of sophisticated risk-transfer mechanisms including letters of credit, innovative pre-disaster funding arrangements, and reciprocal disaster recovery agreements. With our extensive experience, we can identify the mechanisms that work best for your unique situation. INSURANCE REVIEW We look for the hidden gaps in your insurance coverage, analyzing what your package does and does not cover -- and what you stand to lose in the event of loss. QUOTE MANAGEMENT We make sure that your brokers get the right coverage from the right insurers for your company. To that end, we draw up complete underwriting packages including a synopses of your business operations, analyses of your risk management programs, loss runs, and financial statements. PACKAGE SELECTION We collect and analyze quotes from your insurance brokers and recommend those that best suit your needs. We handle all communications with your insurance brokers, and we negotiate their commissions and fees to get you the greatest value for your premium dollar. EXPERT WITNESS SERVICE We serve as expert witnesses on insurance industry standards and practices, broker errors and omissions, coverage disputes and bad-faith claims.