News

News

Subscribe to RSS feed   bt_rss.png

2011-04-27
A foundation based on decades of slow and steady growth. Built to last

With consolidated behemoths threatening the very existence of mid-sized independent disaster restoration companies, joining a national network can not only ensure the survival of local property restoration icons, but can offer the client an increased range of specific expertise and more consistency in the service level. At least, that's the theory.

For years property experts have anticipated that a few global insurers will come to dominate the property insurance market. If that is to be the case, for those mid-sized independent disaster restoration companies that fail to rank among the giants, referral ­networks and relationships will be key.

Even now CDRG members insist that the economic downturn, and the resulting penny-pinching by clients, has ­validated the lower cost network model to the 5 points + royaltees.  Let's face it, someone needs to absorb these costs.

Well-Connected

The Canadian Disaster Restoration Group is Canada's largest alliance of disaster restoration firms that deliver fully coordinated localized property damage or catastrophe response service with it's RedTeam and certified team members.

In 2004 a restorer became frustrated with the lack of loyalty for his 25 year plus quality control track record to the hands of the green franchisees. He set about developing his own system for selecting and evaluating firm performance. He then began inviting like-minded firms from coast to coast to join an organization for their mutual benefit.

Today, that organization is CDRG with over 150 service locations and encompassing over 1750 property experts. It's always about finding ways to select the best firms in regional markets and put in place ­processes to continually evaluate their performance. This constant appraisal and quality control will become the hallmark of CDRG.

Another quality of CDRG's mid-sized independent disaster restoration companies that makes them an attractive alternative to national banners and franchises is the low corporate and no royalty fees.  Combined that with the group's average 19.8 years of hands on experience should result in a high policyholder retention ratio.

The Tip of the iceberg...what you see is not always what you get.

-------------------------------------------------

How else can the industry address rising water claims besides education-is there room for new, specialized products or ...?  Go to comments on LinkedIn