Are your franchisees struggling to amend inadequate coverage? COI collectors do not provide consultation to franchisees on how to ask their local brokers to amend inadequate coverage. Franchisors feel the burden of having to step in and guide franchisees through these complex discussions. Take the guesswork out of coverage adjustments—empower your franchisees with the right support through your Rikor Insurance Program. #franchise #franchising
rikor.io
保险代理和保险经纪人
Draper,UT 662 位关注者
Simple insurance compliance solutions for the franchise industry.
关于我们
Our Mission is to remove virtually all insurance compliance risk and friction through service and technology for franchise-based institutions.
- 所属行业
- 保险代理和保险经纪人
- 规模
- 11-50 人
- 总部
- Draper,UT
- 类型
- 私人持股
- 创立
- 2020
- 领域
- API、Integration、Insurance和Compliance
地点
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主要
US,UT,Draper,84020
rikor.io员工
动态
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Are unequal risk assessments affecting your franchise's insurance coverage? Achieve uniform risk evaluation for better protection. Franchisors often face challenges with unequal risk assessments conducted by different brokers. This can result in inconsistent coverage and varying levels of protection, leaving some franchisees underinsured and exposing the franchise to potential risks. Ensure consistent risk assessments and reliable coverage across your franchise with your Rikor Insurance Program. #franchise #franchising
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Losing business due to inadequate coverage? Get the right policies in place to meet commercial client requirements. Having the wrong insurance coverage is a major source of frustration for franchisors. Without the appropriate policies in place, they are unable to meet the requirements of potential commercial clients, resulting in lost business opportunities. Don't let inadequate coverage cost you valuable opportunities—secure the right policies with your Rikor Insurance Program. #franchise #franchising
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Concerned that using subcontractors could jeopardize your franchise? Using subcontractors in your franchising model can lead to unforeseen liabilities. Without proper coverage, franchisees might face risks, exposing the entire business to potential legal and financial issues. Mitigate risks and safeguard your franchise with the right coverage through your Rikor Insurance Program. #franchise #franchising
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Are unnoticed policy lapses leaving your franchise vulnerable? The potential for unnoticed policy lapses adds to franchisors' frustrations. A COI doesn't indicate if a policy has lapsed, which could leave franchisees uninsured and vulnerable to liabilities, impacting the entire franchise brand. Ensure your franchisees stay protected and your brand remains secure—let your Rikor Insurance Program help you stay ahead of potential coverage gaps. #franchise #franchising
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Still acting as the insurance facilitor? Dealing with multiple brokers leads to inefficient processes. Franchisors must spend more time managing and coordinating insurance policies, which takes away from their ability to focus on growing the franchise and supporting their franchisees. Consolidate your coverage and streamline operations with your Rikor Insurance Program. #franchise #franchising
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Errors & Omissions: What measures do you have in place to protect your franchise from claims of negligence or errors in your services as a Franchisor? Franchising comes with its own set of challenges, especially when it comes to managing risks. Errors & Omissions (E&O) insurance is a critical tool for franchisors, providing protection against claims of negligence, errors, or omissions in your services. This coverage is vital for safeguarding your brand and ensuring smooth operations. Discover how E&O insurance can help you mitigate risks and secure the future of your franchise. Safeguard your brand and maintain confidence in your operations with your Rikor Insurance Program. #franchise #franchising
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Franchisees struggling with Lack of Automated Payroll Sync: Franchisees often struggle without the option for automated payroll sync for month-to-month exposures sent to the carrier. Franchisors understand the administrative burden this places on their franchisees, leading to increased operational inefficiency and dissatisfaction. Reduce the workload and streamline operations with your Rikor Insurance Program. #franchise #franchising
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Educational Gaps on Audit Processes disrupting your franchisees' business? The absence of comprehensive education about who gets audited leaves franchisees unprepared. Franchisors struggle with the fallout as franchisees grapple with understanding why they were targeted, creating unnecessary confusion and frustration. Empower your franchisees with the right knowledge—your Rikor Insurance Program provides guidance, protection, and peace of mind. #franchise #franchising
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Insurance brokers leaving you with Unclear Communication Lines? The absence of clear communication lines, such as designated sales or servicing points of contact, leaves franchisors in a state of confusion. This lack of structure makes it difficult to resolve issues promptly and effectively, causing operational disruptions. Stay ahead with a streamlined approach—your Rikor Insurance Program ensures clarity, compliance, and seamless support. #franchise #franchising
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