Risk Management, Property &
Casualty and Loss Control Services
From hurricanes to power failures, and fires to employee sabotage, the right insurance solution is essential to the well being of your business. Now, more than ever, businesses need to anticipate the unexpected in order to protect their assets, their employees and their competitive position in the markets that they serve.
At Ascension, we offer deep expertise and market resources along with a specialized focus on the unique needs of many specific industries. Our risk management and insurance experts assess and recommend risk management strategies that can reduce your risk, lower your premiums and – should a disaster occur – create a plan that puts you back to work as quickly as possible.
Coverage options include insurance to protect your business against the loss or loss-of-use of company property, including buildings, contents, computers, money and valuable papers. Our Services include:
- Risk management
- Hazard analysis
- Program design
- property coverage
- Casualty coverage
- Alternative risk structures
Options include:
- Coverage to repair or replace your building or personal property
- Sign coverage
- Business income
- Off-premise power failure
- Full glass coverage
- Contractors' equipment
- Transit insurance
- Fine arts
- Equipment breakdown
We offer various types of business liability insurance including:
General liability: Coverage provides financial protection in case your business is sued or held legally responsible for injury or damage. Features can include bodily injury, property damage, product-completed operations, and contractual liability.
Umbrella Liability: Coverage provides extra limits of liability for business auto and general liability once the limits of the underlying policy are exhausted. Umbrella liability is available in multiples of $1 million.
Coverage protects business-owned vehicles, as well as borrowed or hired vehicles. Coverage may include both liability and physical damage to vehicles.
Benefits of workers compensation protection are defined by the state in which you operate, but generally include medical benefits, disability income and rehabilitation benefits.
The two types of workers compensation protection provided are:
- Coverage for the cost of medical expenses and disability payments if employees are injured or impaired as a result of an accident or exposure to illness-causing substances while on the job.
- Employer's liability coverage, which provides protection in case a business is sued for damages arising from employment-related accidents or diseases.
Our construction industry customers rely on us for their contract bonds. the experience we offer and the carriers we represent allow us to tailor a bond program that allows our customers to pursue the work in which they specialize. In the present economic environment, financial strength is important, but experience and ability of both the contractor and the bond agent play a role in getting the bond line needed.
We are staffed with an experienced bond team that is dedicated to handling our clients' bond needs. We offer
- Access to numerous, A-rated, treasury list surety companies
- Negotiation with carriers to establish appropriate bonding programs
A few examples of the types of clients we represent are:
- General contractors
- Specialty contractors
- Subcontractors
- Suppliers
- Distributors
We have a proven success record in the handling of our clients' immediate requests. Our professional staff is committed to the coordination of your business needs.
Bonds: Contract, performance and payment bonds, supply, license and permit bonds, fuel tax and miscellaneous bonds.
Fidelity Coverage: Protecting your business against loss of money and securities, employee theft and embezzlement.
Builders Risk: Protecting your property during construction.
Professional Liability: Protection against claims as a result of alleged errors or omissions for many types of professionals.
Directors and Officers Liability: Protection for suits against the directors of officers of corporations and non-profit organizations.
View a list of our carrier partners.
