IMA Inc. services
Insurance & Risk Management Services
Property & Casualty
Clients depend on us for our instinct, passion, creative problem solving and superior customer service. They will tell you that we are responsive partners who are committed to their businesses and work daily to contribute to their continued success. We are committed to them and with a retention rate that is consistently between 95-97%, we are grateful that they are committed to us.
Workers` Compensation
The Pinnacol Assurance Elite GLD Workers’ Compensation Program is one of the most competitive workers’ compensation programs in the state of Colorado. As one of a small group of approved brokers, IMA has helped many clients meet the challenging criteria necessary to be accepted into the program. The Risk Control and Claims Management teams at IMA provide the expertise needed to help clients build and maintain internal programs and processes that can lead to a favorable loss history and ultimately lower insurance costs. The Elite GLD Workers’ Compensation Program is for those clients who are among the best in the industry in establishing a safe work environment for their employees.Surety
The IMA Surety Team develops close relationships with people we consider to be both our clients and our friends. Our job is not only writing surety bonds, but also helping companies succeed. IMA knows what contractors, regardless of size, must do to be successful in bonding, and we’re genuinely interested in helping our clients reach their goals.Risk Management
The objectives of Risk Management center upon the identification and protection of your human and physical resources and the earnings these resources generate. At IMA, we work with you to evaluate your total cost of risk and financing approaches to deal with those risks, all while recognizing that insurance is just one of the potential costs and answers.
Alternative Risk Finance
Purchasing first dollar insurance policies as the primary mechanism to protect corporate assets can be very inefficient and costly. Almost 50% of business accounts now utilize one or more forms of Alternative Risk Financing to manage those insurable exposures – resulting in greater control, better service, and a significant reduction in Total Cost of Risk (TCOR).Captive Design & Management
Properly designed captive programs allow you to select, own and manage each piece of a productive risk management program: underwriting, risk transfer, loss control, claims administration services, coverage forms, policy limits, and deductibles. Each piece of your program must perform well - or be replaced. This type of accountability can produce better performance and better results. Group captive insurance can provide the creativity and flexibility to access the coverages, limits or services you need. Many of these options are unavailable to most middle market businesses in the standard insurance market. By creating an alternative risk financing program to fit your company’s needs, you may experience better bottom line results.Third Party Administration
At IMA, we manage the entire cycle of a claim-from the time the employee is injured until the employee returns to work and is released by the treating physician. By managing the cycle, we bring workers’ compensation issues under greater control, accelerate return to work, and reduce loss costs. Successful claims handling takes a cooperative arrangement between employer, employee medical provider and IMA. Everyone wins when each player knows what to do and execution is properly coordinated.
Risk Control
The IMA Risk Control group is a team of technical professionals who identify, develop and deliver customized risk control strategies to our clients. We cultivate relationships with clients, research and understand their business, and offer strategic thinking to advance safety and loss prevention. Our clients enjoy customized service plans, and we maximize the volume of services delivered to them by leveraging insurance carrier services and personnel. Overall, the team provides access to a knowledgeable and experienced safety/loss prevention team. IMA employs a team of Risk Control professionals across four offices. Each individual was handpicked for their knowledge within their industry sector and for their problem solving skills.
Crisis Management
Fire, workplace violence, employee injury or natural disaster – these are just some of the situations that can damage your business through loss of reputation, loss of customers and reduction in revenue. Responding quickly and confidently can make the difference between ruining your company’s reputation and emerging as a responsible organization with strong leadership.
Claims Management
Our clients tell us that effective claim management is just a part of what we do. Whether the claim is routine or unusual, our experienced team takes aggressive action to get the best possible outcome.