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Retail

Every supplier, contractor and store covered, without adding staff

Retailers carry risk from thousands of outside parties: product suppliers, contractors building and maintaining stores, and landlords who want proof of your coverage. Customer incidents happen every day across hundreds of locations. RiskWorks keeps supplier and contractor certificates current, issues certificates to landlords in minutes, and gets store incidents reported and triaged fast, with Exigis staff doing the follow-up.

Trusted by retailers

The Vitamin Shoppe

What retailers use most

Insurance Compliance

Supplier and contractor certificates, including vendor endorsements for products you sell, checked against your requirements.

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Certificate Issuance

Certificates for landlords, mall owners and event venues requested, approved and issued in minutes.

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Incident Reporting

Customer and employee incidents reported from the store floor and triaged the same day.

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Exposure Data

Store, warehouse and inventory values collected for renewal.

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Contract Review

Insurance terms set consistently in supplier, contractor and lease agreements.

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A typical organization

A retailer with $1 billion in revenue and 5,000 employees typically has:

about 1,350Suppliers and contractors required to carry insurance
about 2,300Certificates issued to landlords and others a year
about 300Stores and locations reported at renewal
about 860Incidents reported a year

Exigis estimate for a typical organization of this size, not measured client data. Your figures will differ: the free diagnostic adjusts them to your size.

Questions

Can store managers report incidents themselves?

Yes. Incidents can be reported from any store, and the right people are notified to triage them.

Can we require vendor endorsements from product suppliers?

Yes. Requirements can include specific endorsements, and RiskWorks flags certificates that don’t show them.

Can landlords get certificates without calling us?

Yes. Your team approves requests and RiskWorks issues the certificate, so most requests are handled in minutes.

See what a typical retailer your size spends

Take the free risk diagnostic. You’ll see where your program stands and what a typical retailer your size spends on it, then review the results with an Exigis analyst at no cost.