New Asset Protection Solutions Reduce Loss
The Gibraltar Group, a risk advisory firm, and Protection One, a security-industry leader, have teamed to offer The Gibraltar Group’s clients advanced, professionally-monitored security services to help reduce loss experiences.
As part of the relationship, The Gibraltar Group’s customers will receive a business protection product and work directly with a security consultant from Protection One, who is dedicated to clients of The Gibraltar Group.
“We were looking for a company with which we could trust our customers and believe that Protection One will give them the same kind of service and respect they’ve come to expect from us,” said Brandt Beal, vice president of The Gibraltar Group. “We’re excited to be working with Protection One and are looking forward to combining our respective expertise in a variety of industries and professions to deliver enhanced benefits and value to our customers.”
This unique relationship with Protection One has the potential to decrease claims made by The Gibraltar Group customers, leading to lower loss ratios for the insurance provider and its clients.
“The Gibraltar Group’s commitment to strategic alliances and focus on quality, combined with a consultative selling approach that is similar to our own, made partnering with them an easy decision,” said Paul Straten, Irving, Texas-based regional vice president of Protection One. “We believe Protection One products and services will greatly enhance the mitigate losses.”
As a leading provider of monitored security, Protection One can offer clients of The Gibraltar Group a broad range of advanced, asset protection solutions that go beyond fire and intrusion monitoring. Protection One can offer temperature, pressure, and water monitoring, as well as additional security for specific high-value assets, such as construction equipment, farm implements or cargo containers. In addition to verbal reports from Protection One monitoring facilities, automated text and e-mail alerts also can be delivered to critical personnel. A secure online interface provides major system control from almost anywhere, putting off-site security system control back in the customer’s hands. Protection One was the first major national security company to offer this kind of advanced, Web-enabled security.
“According to the FBI’s 2006 Uniform Crime Report, more than $9.6 billion in assets were lost to burglary and larceny-theft across the country,” said Beal. “Over that same year, the National Fire Protection Association reported fire losses exceeding $11.3 billion. With help from Protection One’s technology-driven security solutions, including its 24-hour, UL Listed business monitoring center, we can help our customers avoid these types of losses.”
Protection One (NASDAQ: PONE) is one of the largest vertically integrated national providers of sales, installation, monitoring and maintenance of electronic security systems. Network Multifamily, Protection One's wholly owned subsidiary, is the largest security provider to the multifamily housing market. The company also owns the nation's largest provider of wholesale monitoring services, the combined operations of CMS and Criticom International. For more information about Protection One, visit www.ProtectionOne.com.
About The Gibraltar Group
With offices in Lubbock and Dallas, Texas, The Gibraltar Group is a risk management firm advising companies in the energy/oil field services, transportation and manufacturing industries on all areas of financial, strategic and operational risk. For more information, visit www.GibraltarRisk.com.