Preferred Reports Inspectacast: Recent Episodes

Tom LeGros

Inspectacast is a podcast for the Insurance Services industry and specifically field lost control and risk management. We'll also cover more diverse, insurance related topics of interest to anyone, not just industry insiders. Inspectacast is sponsored by Preferred Reports.

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This is our first episode back after a long break. Rested? Maybe not, but certainly ready to share whatever we can to help Risk Control Consultants succeed. In this episode we will cover what's new with InspectaCast for 2024 and then shift to a quick look at the current inspections marketplace. We'll wrap up with a discussion on the 4 Pillars of Success for Risk Control Consultants.

InspectaCast is owned and produced by Tom LeGros. All opinions expressed are his own and do not reflect the policies or position of any other entity. Information provided in this and all episodes of InspectaCast are for informational purposes only and not as professional consultative advice. Please check with your attorney, accountant, or other professional before making any decisions.

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There are some things you can quickly do before an inspection that will make things go much smoother during your visit.

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This is our first 2021 Episode and it's a Special Edition on Liquor Liability. The audio is from a recent webinar hosted by Preferred Reports on underwriting and inspecting Liquor Liability. Tom LeGros is your host along with Scott Knight and Mac McIver.

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In part 2 of How to Become a Successful Loss Control Consultant we cover the four Golden Rules any consultant should follow and the 10 steps to good customer service.

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This is the first of three episodes directed to people interested in becoming insurance loss control consultants.  In part one we discuss the important decisions facing anyone starting a business.  We look at the income potential and walk through the process to determine if this type of business will bring in the income needed to pay bills and enjoy life.

Underwriters please listen to this as well because it will give a glimpse of what consultants go through to obtain the information needed to properly underwrite risks.

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In this episode, we discuss what underwriting should expect from their inspection reports.  We provide several key ideas to improve results and make inspections part of a dynamic and efficient workflow.

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Face it, companies will do whatever it takes to stay in business. But they could be doing things that were never intended to be covered under their regular insurance policy.  A flower shop running a pop up drive in on weeknights for instance. This could expose them, and you to liability.  

In this show we discuss seven different businesses and what they are or may be doing to keep the lights on. Some of it, while creative, is not something they normally do and may not be something they even know how to do. Should you be concerned?  We say yes. Of course we would, we're in the risk business. But then again, so are you.

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This edition of Inspectacast covers the basics of outsourcing loss control to third party providers,like Preferred Reports.  You'll learn-
- How to determine a "per contact" cost for vendor price comparison
- The types of vendors and how they operate
- How to craft your initials contact with vendors 
- The things to consider when setting your expectations and negotiating services
- and much more

Watch for our "Loss Control Outsourcing Case Study" and an "Insiders Guide to Outsourcing Success" -available for download from LinkedIn, Scribd, and our website soon.

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We weren't able to get the live podcast going thanks to a bunch of nasty storms on the Louisiana coast this evening. But the show must go on and this one is special.  Preferred Reports is doing our part to help people recover from the pandemic by offering free training to become a Residential Exterior Inspector.  No guaranty come with this offer, but we do promise the opportunity to explore a new opportunity to earn income with the freedom to make your own schedule.

We'll provide more details after the 4th of July holiday, but registration for the class is expected to begin the week of July 20th with the actual program running through August.  It will be a combination of live webinars and online classes through PREP, the Preferred Reports Education Portal.  Keep an eye on Preferred's social media for the particulars.

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In this episode we will look at the reasons behind refusals and non productive reports and offer some solid, time proven, tips on preventing them.

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In this episode I discuss the basics of building a business continuity plan foundation which can be used to handle any emergency.

Here are some great resources:

https://www.ready.gov/business-continuity-plan

https://disastersafety.org/business-protection/ofb-ez/

Please remember to replace "Insert Company Name Here" with your name!

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We discuss how current events have pushed the insurance industry deeper in to using and accepting digital tools including digital inspections.  Learn some of the ways to properly craft and use digital inspections.  See if this digital pivot is bad or good for the inspections business.

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Inspectacast sponsored by Preferred Reports

Insurance Inspections During a Pandemic

This episode covers:

Is insurance really essential?
Are insurance inspections needed in a pandemic?
How can inspections be conducted safely?
What's the impact of the pandemic on the inspections business?