The corporate insolvency rate in Canada hit a 20 year low in 2020! Government aid programs … »
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Having GCRM as our broker has made a world of difference. We tried reaching out to the insurers directly but ended up quite disappointed with the response. We assigned GCRM as our broker and they took the time to understand our objectives and designed a credit insurance policy that will enhance our financing and grow our business. In addition, GCRM made us aware of many of the non-financial elements that were important in selecting an insurance partner, including information regarding on-line systems, claims paying reputation, and policy coverage features. We are very pleased with the level of service, expertise and responsiveness and would definitely recommend them as a business partner.
Recently we appointed GCRM as our insurance broker to negotiate our EDC policy renewal. Historically, we were conducting the renewal negotiation ourselves. GCRM spent the time to understand our business and our objectives which enabled them to do a fantastic job on our renewal. GCRM negotiated a significant premium rate reduction for us and added endorsements to broaden our coverage and modified our policy structure to reduce the administration time associated with our monthly reporting. We are very pleased with the changes and believe this outcome will strengthen our relationship with both EDC and GCRM.