Turning a Potential Cancellation into a Win for Our Client
When an insurance carrier flagged serious concerns about a specific brand of electrical equipment during a routine loss control visit, they issued a 60-day cancellation notice. This posed a major risk—our client faced the potential for serious loss, $100,000 or more in repair costs and weeks of production downtime.
Here’s how Watson & Knox stepped in:
We met with the carrier to clarify that the issue was limited to one specific model, not the entire brand.
Worked closely with the insured and carrier to replace the problematic equipment quickly and safely.
Ensured the business stayed operational, protecting both employees and assets.
The result?
Policy reinstated within a month.
Client avoided significant financial loss and disruption.
Both the carrier and insured expressed appreciation for our proactive approach and guidance.
“When our carrier flagged several concerns during a routine loss control inspection, we were bracing for a costly overhaul—potentially replacing all electrical equipment of a specific brand. That’s when Watson & Knox stepped in. Their team worked closely with us and the carrier to dig into the details, identify exactly what needed attention, and determine which equipment truly required replacement. Thanks to their expertise and collaborative approach, we avoided unnecessary expenses and saved tens of thousands of dollars. Best of all, our operations continued without a hitch—no production disruptions, no downtime. Watson & Knox didn’t just solve a problem; they protected our bottom line.”
“I just wanted to say THANK YOU to not only Watson and Knox, but also to the insured for taking these concerns seriously and acting so quickly to get them reconciled. This has been such a pleasant experience given the situation. I really appreciate how involved Watson and Knox was in getting this handled for us. Thank you so much!”
At Watson & Knox, we don’t just manage risk—we help businesses thrive by turning challenges into opportunities.
✅ Need help navigating complex insurance and risk management issues?
Let’s connect and discuss how we can protect your business.
#RiskManagement #InsuranceSolutions #LossControl #BusinessContinuity #WatsonAndKnox #WhatsUpWithTheNet