Over the past 57 years, the founder's former company, Store Systems & Services, Inc., had refined the ability to price commercial equipment in the retail, material handling, refrigeration, and foodservice markets. As a distributor, SSSI had to be able to quote better and faster in order to market itself effectively. Throughout the years, SSSI had been approached to quote equipment losses due to natural disasters, fires, etc. Unlike traditional quotes, though, the prospective clients requested two sets of numbers, one for them and one much higher for their insurance carrier. The latter number was typically asked to be upwards of 25% higher than the standard selling price. Needless to say, SSSI declined those prospects' business. From these potential unethical sales, CEIPS, LLCwas born to provide fair and accurate benchmark pricing for commercial equipment losses to the Insurance Industry.
CEIPS, LLC responded to this previously unanswered need by the insurance industry and can eliminate any conflicts of interest by offering an objective service, without any intention of selling or profiting from the equipment we price. We validated and enhanced our network of 400 plus manufacturers and dealers behind CEIPS. It allows us the ability to offer a new and unique service by doing what we had perfected, quoting equipment at fair and accurate prices with sourcing. Since founding CEIPS, LLC, we have expanded our coverage of markets and products to include medical, manufacturing, construction, and some off-highway equipment. We continue to grow as our client's needs are highlighted. We eliminate the "puffing" and the guesswork.
CEIPS, LLC offers you a way to reduce claims costs in conjunction with saving time for the adjusters by moving claims from negotiation to settlement more quickly. We provide sourcing for all the equipment we quote at the stated prices.
We currently provide this service to over 26 insurance carriers and claims service providers throughout the US. From site inventories to fair-market pricing, we can respond to your needs anywhere.
Please contact us for more information, or for any current claims you may have pending.