Success Stories

Procovery offers the following Success Stories to show how companies are succeeding by using customized loss prevention and business continuity planning services:

• One hi-tech company kept downtime at mission-critical sites at historic lows, despite a rapidly changing industry and continued growth.

They did this through a sound Business Continuity program that included state-of-the-art loss prevention programs.  

• Another hi-tech company consolidated manufacturing operations to cut costs. This company provides a highly-specialized product, so their customers are critically-dependent on them for on-time delivery of goods and services.

Result:  They were able to retain these customers by enacting robust loss-prevention and Business Continuity plans at their consolidated facilities.

• A manufacturing company provided to their insurance carrier a report summarizing how they have protected their buildings from earthquake damage.

Result: The insurance company responded with a dramatic reduction in premium - saving $500,000

• Based on confidence in their Business Continuity Plan, another hi-tech company purchased a lower insurance limit, thereby saving on their insurance premium.
• A distribution company pushed-back on an insurance company recommendation for a water tank for their fire sprinklers. Their risk consultant devised a solution for adequate protection without the tank.

Result: The carrier was satisfied, the property was well-protected, and the client saved an estimated $50,000

• A warehousing company hired a risk consultant to manage fire sprinkler installations.

Result: With innovative fire-protection solutions, the client saved $700,000 over a 3 year period on these installations.

• A high-tech manufacturer replaced their carrier loss control service with an independent provider.

Result: The company saved $23,000 in the first year of the program. Their insurance program also benefited from better data.