Our goal is to help you avoid significant penalties and reduce insurance-related risks through effective compliance management.
It is one thing to run the risk of a financial setback by having gaps in your business insurance coverage. It is quite another to face noncompliance charges and penalties because you didn’t stay up to date with federal and state legislation. At Legacy Insurance Partners, we understand it could be a full-time job to stay on top of the changing laws and industry standards, but you may not be prepared to set up a compliance management department to deal with this time-consuming task. The good news is that when you partner with us, the burden doesn’t fall on you alone.
Our specialized agents make it their responsibility to stay well-informed about compliance concerns and communicate that information to our clients so that any necessary changes to insurance coverage and company policies, processes, and procedures can be addressed in a timely manner. Our goal is to help you avoid significant penalties and reduce insurance-related risks through effective compliance management.
It isn’t just changing industry standards and laws that you need to be concerned about. As your business grows, it could cross over various thresholds where the rules change. Reaching a certain gross income level or hiring more people could mean some changes need to be made. With our supportive and knowledgeable specialists assisting with your compliance management, you can have confidence that you won’t make a costly mistake. Reach out today to learn more about the business insurance products and services that we have to offer.
With compliance management representatives serving the communities of Asheville, Davidson, Greensboro, Hickory, North Wilkesboro, and Raleigh, North Carolina, our team at Legacy Insurance Partners is available to partner as your trusted group benefits advisor utilizing a consultative approach.