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We Read the Small Print: Case Study
1. See what we can do…
We Read the Small Print
One of MCRA’s commercial clients sustained a substantial loss where they faced litigation
for allegedly distributing counterfeit products.
The claim was originally denied by the insurance carrier, leaving the insured facing almost $1
million in out-of pocket expenses for legal fees and payment in the lawsuit.
After MCRA reviewed the carrier’s paperwork for loopholes, our account manager found that
the claim had not been categorized properly by the insurance carrier.
The account representative went back to the carrier to bring this information to their attention
and they acknowledged the error. In all, MCRA was able to save the insured $938,054.
M C RA Ad vant age : As part of commitment to continuously improve our service to our
clients, MCRA offers an array of options to help streamline your insurance and ensure you are
getting the best coverage possible.
• MCRA Access Available: Our online insurance portal gives you access to insurance
resources that can help you with OSHA recordkeeping and compliance, managing risks,
workplace safety programs, and claims cost containment. Your individualized portal is
filled with resources and services tailored to your specific insurance needs.
• Annual Insurance Review: Each year we review your insurance policies and coverages
to ensure your insurance is up-to-date and you are receiving the best service possible.
• 24/7 Claims: We will be there when you need us.
• Dedicated Customer Service Representative: Each client is assigned their own CSR
to work on your individual account needs.
Protection, Prevention and Peace of Mind. It’s that simple.
Maran Corporate Risk Associates
300 Hampton Road, Southampton, NY 11968
600 North Route 73, Suite 4, Marlton, NJ 08053
www.mcrainsurance.com Phone: 631-283-8000