Raken’s streamlined field management tools protect your business from risk—and now, they can also save you money on vital insurance coverage.
We're proud to announce our partnership with Shepherd, a tech-enabled insurance provider for the commercial construction industry. Through the Shepherd Savings program, qualified Raken customers will be able to save up to 25% on eligible proposals on Shepherd policies.
Reduced risk = Reduced liability
Shepherd and Raken recently partnered to conduct a study of more than 600 customers using utilization and claims data from 2017 through present day. The study found that heavy use of Raken is highly correlated with decreased liability claims.
The more you use Raken for managing safety and quality, project workflows, and project finances, the more likely that your insurance risk will lower over time, and the more you will qualify to save with Shepherd.
How it works
As a Raken user, you will automatically be eligible for savings when you apply for coverage with Shepherd, including project specific policies (such as wrap-ups or CIPs) or annual practice programs. The amount you’ll save is calculated based on your level of usage and will be presented side-by-side with traditional quotes, so you can see the difference.
Shepherd and Raken will also provide guidance and resources to help you continuously track product usage and increase your adoption of Raken, potentially qualifying you for even better savings when your policies are renewed.