Navigating insurance and risk management can sometimes feel overwhelming, but you don’t have to do it alone. As an independent insurance agency, our goal is to become your dedicated risk management consultant and insurance advisor. By getting to know your unique needs—whether personal or business—we can guide you through the important decisions that protect what matters most to you.
A Team Working for Your Best Interest
Instead of representing just one insurance company, we work with a range of respected carriers. This lets us compare several options and focus on your priorities, not a single provider’s offerings. Our primary mission is to help you manage your risks in a way that balances coverage with cost.
How We Help You Reduce Risk Costs
Our approach isn’t just about providing a policy. We look at your entire risk landscape to identify opportunities to reduce expenses associated with insurance and uncovered exposures. Here’s how we can make a difference:
- Examining Your Major Costs of Risk: We review your current premiums, deductibles, and any out-of-pocket costs when claims happen, searching for savings without sacrificing protection.
- Contract Reviews and Program Structure: If you’re running a business, we look over contracts and agreements to help ensure your requirements are met and liabilities are minimized.
- Loss Prevention Guidance: We can suggest practical steps—like safety programs or process changes—to lower the chances of claims.
- Claims Management: Should something happen, we work alongside you, helping to manage claims efficiently and supporting you through the process.
- Finding and Explaining Coverage Gaps: Insurance can be confusing. We’ll walk you through your policies, explaining what’s covered and what isn’t, and help identify any gaps that might leave you exposed.
Industry Specialists
Fairway Risk Solutions targets and has tremendous experience in handling the insurance and risk management programs of organizations in the following industries:
- Senior Living: Billy Dodson has provided insurance and risk management services to the senior living industry for over three decades. Billy was the President of an insurance agency that specialized in insuring senior living providers. In 2000, when plaintiff attorneys had targeted senior living providers and liability insurance rates per bed had soared from about $200 per bed to almost $2,000 per bed, the agency formed and managed a liability captive insurance company owned by the senior living facility owners. The agency and Billy were involved in all aspects of the captive, including drafting the insurance policy, loss control, claims management, investments, fronting and reinsurance carriers, and in placing the excess liability and other lines of coverage. When the insurance agency was acquired by an international broker, Billy became a Regional Senior Living Director for the brokerage company, placing insurance for senior living providers over many parts of the Eastern United States plus Texas. From this experience, Billy knows the carriers, brokers, MGA’s, loss control, claims specialists, and actuaries that specialize in this industry. Billy still has access to these resources, including to one or more legal nurse consultants who know the regulations (Federal and several States’) applicable to and have worked in and for all levels of senior care in multiple states. Billy has joined these professionals on facility inspections and mock surveys in several states.
- Healthcare Providers: From physician groups to rural hospitals to correctional healthcare providers to allied health and telehealth providers, out team has advised and brokered coverages for all types of healthcare providers.
- Financial Institutions: Tom McGough was formerly a Banker and is now a Board Member of a large community bank. Tom knows banks – their operations, exposures and issues. Billy has provided legal work for and then later brokered insurance for numerous banks of all sizes, mortgage banks, and other financial institutions. Tom and Billy have not only brokered Cyber Liability and Financial Institution Bond Policies for Banks, but have also helped banks navigate challenging cyber and crime claims.
- Municipalities: Billy did some corporate and litigation work for governmental entities as a lawyer and has provided risk management and claims consultation and brokered coverages for municipalities as an insurance broker. This is an area of limited markets, and our team has scoured the marketplace and found new markets for municipal clients.
Supporting You Every Step of the Way
Consider us your go-to insurance resource—someone to call before signing a contract, reviewing renewals, or making big decisions. Our service is rooted in clear communication and practical advice, shaped by years of experience supporting clients in all sorts of insurance scenarios.
If you’re looking to better understand your coverages, reduce your risk expenses, or want a professional to help you look after your interests, we’d be pleased to have a conversation about how we can help. Your peace of mind is our priority.
