DeshCap Enters the U.S. Market as an Independent Commercial Insurance Advisor
DeshCap has officially entered the U.S. market, positioning itself as an independent commercial insurance advisor separate from insurance brokers. According to its released data, in the second quarter of 2024, online inquiries from U.S. management for independent commercial insurance advisors increased by 35% year-over-year, and the U.S. ranked among the top five globally in inquiry volumes related to operational risk, liability risk, and employee fraud risk. DeshCap offers services such as policy wording optimization, compliance enhancement, and cost reduction, and supports retaining existing brokers or switching through an RFP process.
Toronto — DeshCap, a technology-driven risk advisory firm independent of any insurance lobbying group, today announced its official entry into the U.S. market, operating as an independent broker-agnostic commercial insurance advisor, providing corporate management with policy audits, wording optimization, and compliance enhancement services.
According to data cited by DeshCap, as of the second quarter of 2024, online inquiries from U.S. management (including CFOs) for independent commercial insurance advisors increased by 35% year-over-year. These inquiries primarily stem from real-world challenges such as insufficient payouts during claims, increasingly stringent compliance requirements, heightened cost control pressures, and elevated operational protection goals, prompting management to seek independent audits of policies purchased from brokers.
Additionally, as of the second quarter of 2024, the U.S. ranked in the top five globally for online inquiries from management (including CFOs) regarding the following risks:
- Operational Risk
- Liability Risk
- Employee Fraud Risk
The types of operational insurance most focused on by management include:
- D&O Insurance(Directors and Officers Liability Insurance)
- Professional Liability Insurance
- Representations and Warranties Insurance(RWI)
- Cyber Insurance
About DeshCap
DeshCap is a technology-based risk advisory firm, independent of any insurance lobbying group, with a 10-year track record, specializing in rewriting commercial insurance policy wording and triggering clauses to maximize compliance, enhance operational protection, and help businesses realize value with lenders and investors while reducing existing insurance costs.
DeshCap ranks first globally in online rankings for liability risk and is recognized as a top advisor in operational risk. The company can contractually guarantee the lowest cost for existing insurance in the global insurance market and assumes actual risk (skin in the game) through cash advances in the event of a loss.
DeshCap offers a free demonstration call, showing management how to achieve the lowest global cost, maximize compliance, and enhance protection by rewriting commercial insurance policy wording. The demonstration also includes the process of modifying sample policies, using a mathematical process to ensure core business risks are covered by the originally purchased insurance, and demonstrating how to realize value with lenders and investors.
Companies and investors may choose to retain their existing insurance broker or replace them through a broker RFP (Request for Proposal) process.
Media Contact
Suzan Plant
Email:[email protected]
Media Assets
DeshCap Logo
DeshCap Trailer