Applica, Inc. Household Products Manufacturer

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Household Products Manufacturer

“When ICA was first referred to us by our accounting firm in 1991, I was skeptical. We thought our insurance program was adequately priced, yet we gave ICA a shot at reviewing it. ICA compared our exposures to our existing risk management program, prepared specifications and arranged a competitive marketing strategy including brokers and insurance companies from all over the country who specialized in our risks. The end result was a one-year savings of 35% in premiums alone, yet at the same time our insurance coverage was significantly improved… We also ran our most important acquisition, the purchase of Black & Decker’s Household Products Group, past ICA, and they pointed out significant issues from a risk perspective that our other professionals had not addressed. The advice and information provided has been invaluable, and the cost of ICA’s services has been repaid in savings many times over. We can’t be experts in all areas, but by partnering with ICA, they can be our experts in risk management so we can trust that our needs are being addressed adequately and professionally.”

– Burton Honig, Senior Executive

See our Mergers & Acquisitions Due Diligence Consulting Service.

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