27 Mar Hamilton Insurance Brings Extensive Experience and Cutting Edge Tech to Help Senior Living Communities Navigate the Changing Insurance Landscape
by Sarah Marie
The senior living industry has been going through a series of changes in recent years. The pandemic and its threat to the elderly and those with compromised health conditions put pressure on many providers. The growing population of seniors also presents a challenge when it comes to things like capacity.
One of the most recent concerns for senior living communities comes from various shifts in the insurance marketplace. A prolonged period of relatively low rates and fierce competition has defined the past. Even though rates have been increasing over the past 5 years, there are things senior living communities can do to keep their rates on a more manageable level such as creative risk management solutions using data systems like ERMA to effectively identify and analyze liability.
Hamilton Insurance Agency (HIA) is aware of this evolving situation. The agency has heavily invested in helping its senior living customers navigate the changing conditions. The independent insurance brokerage firm has a strong track record that stretches back to its founding in 1982.
Since then, HIA has proven its ability to not just deliver results for its clients, but to adapt those solutions to the current demands of the insurance landscape. This comes from the ability of the firm to establish long-standing relationships with lenders and carriers as well as source proprietary technology to assist in risk assessment.
This has led to the development of a unique, customized process that helps HIA clients navigate the ever-changing insurance landscape. Here is a brief overview of how Hamilton Insurance applies its extensive experience and innovative tech to successfully help senior living communities avoid liability pitfalls.
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