Wade Millward, CIC's Linkedin Analytics

Contact me to learn more! - Via email at 𝘄𝗮𝗱𝗲@𝗿𝗶𝗸𝗼𝗿.𝗶𝗼 - Book a call today at 𝗵𝘁𝘁𝗽𝘀://𝗰𝗮𝗹𝗲𝗻𝗱𝗹𝘆.𝗰𝗼𝗺/𝗿𝗶𝗸𝗼𝗿/𝟯𝟬𝗺𝗶𝗻 - Send me a DM just to chat Have you ever had one of those ubiquitous “ah-ha” moments? I did and it set me on a course to create Rikor and solve a 30-year old insurance industry problem. After learning every aspect of the franchisee/franchisor business model, I found a hidden risk exposure. And it was a 𝗕𝗜𝗚 one! You and I both know franchisors are “vicariously” liable for 𝗔𝗟𝗟 the operations of their franchisees. So, to mitigate this risk, franchisors will collect certificates of insurance (COI). The problem? Certificates of insurance are practically worthless! COIs… • Are not contracts • Provide no guarantees • Can be easily manipulated • Offer no rights to the franchisor In fact, COIs are one of the 𝗺𝗼𝘀𝘁 𝗱𝗮𝗻𝗴𝗲𝗿𝗼𝘂𝘀 documents passed between franchisees and their franchisor. The possibility of a claim landing in the franchisor’s lap is very real and potentially 𝗰𝗮𝘁𝗮𝘀𝘁𝗿𝗼𝗽𝗵𝗶𝗰. Rikor was born to create a modern, technology driven solution to this antiquated COI system. The result is a fully integrated platform providing franchisors with a real-time pulse on their franchisees’ insurance. This means… • No more PDFs • No more spreadsheets • No more uncertainty of risk! The power of the Rikor platform also allows us to leverage the collective buying power of the franchise system to lower insurance costs. Together, let’s reduce risk, save time, and lower insurance costs!