National Storm Damage Center Signs Agreement With Global Risk Management Solutions

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GRMS to manage NSDC’s vendor screening and compliance management process.

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"As we grow the NSDC platform, it’s critical that we’re able to properly screen certified contractors in our network." -- NSDC CEO Trevor Leeds

The National Storm Damage Center has signed an agreement with Global Risk Management Solutions (GRMS), the renowned leader in providing vendor screening solutions, NSDC CEO Trevor Leeds announced today.

“GRMS provides innovative vendor screening solutions that enables companies to reduce exposure to global business risk and liability,” Leeds says. “As we grow the NSDC platform, it’s critical that we’re able to properly screen certified contractors in our network.”

The NSDC introduced a revolutionary forensic technology that detects the precise path, power and location of a storm in real time. The ground-breaking weather technology is geared to help property owners in a time of crisis and eliminate “storm chasers” taking advantage of consumers.

Building and roofing contractors around the globe have contacted the NDSC, yet Leeds and NSDC Executive Director Dave Carlson “only want to work with the best and most experienced certified and licensed contractors.” When they learned about GRMS, “we knew we found the right partner,” Leeds says. “This provides an added layer for us to show that we’re using the best in the industry to screen and vet our contractors.”

In today’s high-risk global business environment and turbulent economy, “it is more important than ever for a company to know the background and financial stability of the vendors with whom you conduct business,” Carlson says.

“We’re very excited to be working with the NSDC,” says GRMS President Gerard Smith. “Our approach is unique in that our team of experts apply a client-centric approach that delivers optimal risk management solutions. The NSDC came to us with their unique risk mitigation concerns and we created customized screening solutions to help safeguard their company and potential partners when conducting business anywhere in the world.”

GRMS conducts financial background screening, certification of insurance, W9 management, compliance and is a renowned expert with federal laws like the U.S. Patriot Act, which includes the O.F.A.C. list that is the U.S. Government’s “do not do business with list.”

The management of the licensing, credentials and stability of vendors, as well as staying current with the myriad of ever changing U.S. federal compliance regulations “has become increasingly complex and costly,” Leeds says. “It is nearly impossible for any company to accurately and efficiently manage these issues internally in a cost effective manner.”

“We offer a very unique value proposition,” Smith says. “We’re the only company that can provide this type of comprehensive screening and we do it globally. Our success is the combination of how we do it and that we do it globally.”

The NSDC is the first company to use state-of-the-art technology to detect the exact location and intensity of a storm, whether it involves a tornado, hurricane, flash floods or a fierce baseball-size hail storm anywhere in the world. The impact this technology has on the building and roofing industry and contractors is immense.

The NSDC portal pairs property owners such as REIT’s, commercial clients and even homeowners with roofing and building contractors and public insurance adjusters. This is where the importance of GRMS screening expertise comes into play.

The problem with platforms that exist today is that they do not feature useful and effective tools for information and resources for property owners before or following a disastrous storm, Leeds points out.
One of the biggest complaints by property owners after a storm event is that they feel taken advantage of by “unscrupulous storm-chasing contractors,” Leeds says.

Homeowners and commercial property owners alike also feel they traditionally have been underpaid on their insurance claims -- or their claim has been unfairly denied all together by their insurance carrier.
“The NSDC brings a level of education, information and resources to a property owner after a storm and it connects them to licensed and certified contractors so they’re not being taken advantage of by storm chasers or an insurance carrier who attempts to reduce the amount of their claim or deny it altogether,” Leeds says.

About NSDC: Headquartered in Plano, Texas, the NSDC is an independent consumer advocacy organization founded to help homeowners affected by natural disasters. When violent storms cause significant property damage, homeowners are faced with a confusing and often frustrating restoration process. Through free information, proactive home building monitoring services, and post-storm advocacy and forensic weather resources, the NSDC helps property owners navigate the insurance restoration process.

About GRMS: Headquartered in Newport Beach, California, GRMS serves a global clientele of companies and organizations in many diverse industries ranging from mid-sized businesses to Fortune 100 companies. Its years of experience, proprietary programs and global capabilities have provided clients with risk management solutions -- and the peace of mind in knowing that they are protected while conducting business.

For more info, go to http://www.stormdamagecenter.org and GlobalRMS.com.
Media may contact Rick(at)StormDamageCenter(dot)org or call (888) 598-6980 ext. 114.

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Richard Edward
NSDC
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