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Taylor Oswald

Insurance, United States, Ohio, Cleveland

Taylor Oswald is a leading insurance brokerage specializing in risk management, employee benefits, and healthcare solutions with a focus on claims advocacy and client service.

About Taylor Oswald

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United States of America, Ohio state
Official Website
http://www.tayloroswald.com
Location Address Official Phone Email
United States of America, Ohio state 29325 Chagrin Boulevard Suite #100 | Pepper Pike, OH 44122 **** ****
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FAQs – Taylor Oswald

Does cyber insurance always cover ransom payments?

Not always. Some policies cover ransom payments, while others may exclude them or require approval before payment. Insurers often assess the necessity of payment and compliance with regulations before covering the cost.


How much does an HMO plan typically cost?

HMO plans generally have lower premiums, copays, and out-of-pocket costs compared to PPOs, but they require members to use in-network providers for coverage.


Should I regularly update my replacement cost coverage?

Yes, property values and construction costs change over time, so updating ensures adequate coverage.


Where can I check an insurer’s Claim Settlement Ratio?

CSR data is published in the insurer’s annual report and regulatory bodies’ websites like IRDAI (India), NAIC (USA), FCA (UK), or APRA (Australia). Many financial websites also provide comparative CSR data.


What is the role of a TPA in health insurance?

In health insurance, TPAs manage cashless claim facilities, maintain a network of hospitals, process claims, assist in medical approvals, and handle the grievance redressal process for policyholders.


How does an underwriter determine policy premiums?

Premiums are determined based on risk assessment, considering factors such as age, health, occupation, claims history, and lifestyle. Higher-risk individuals or properties face higher premiums. Insurers also use statistical models, loss ratios, and market trends to ensure pricing is competitive yet profitable.


Does renters insurance cover theft outside my home?

Yes, renters insurance typically covers stolen belongings even when they are outside your home, such as if your laptop is stolen from your car or your luggage is lost while traveling.


How do reserves impact insurance premium rates?

Reserves influence premium pricing, as insurers must ensure they collect enough premiums to maintain adequate reserves while remaining competitive in the market.


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