Case Studies > FastTrac Telecom Receives Massive Savings through Avetta and USA Telecom

FastTrac Telecom Receives Massive Savings through Avetta and USA Telecom

Company Size

1-10

Region

America

Country

United States

Product

Avetta Marketplace
USA Telecom Insurance Services

Tech Stack

Insurance Services

Implementation Scale

Enterprise-wide Deployment

Impact Metrics

Cost Savings
Customer Satisfaction

Technology Category

Cybersecurity & Privacy - Security Compliance

Applicable Industries

Telecommunications

Applicable Functions

Business Operation

Use Cases

Remote Asset Management

Services

Cybersecurity Services
System Integration

About The Customer

FastTrac Telecom Services LLC, founded in 2015 and located in Kansas, is a telecommunications repair company operating in the U.S. With less than 10 employees, the company provides TIA’s, structural/grounds maintenance, and modifications directly to Crown Castle, SBA, and private telecom structure owners. Their goal is to ensure functional and efficient towers, maintenance, plumbing, wiring, and more. Despite being a small company, they aim to deliver high-quality services in the telecommunications sector.

The Challenge

For a small but growing telecommunications company, insurance is often one of the bigger expenses. However, the cost of not insuring your business is unthinkable. FastTrac Telecom Services LLC, a supplier in the Avetta network, wanted to see if there was a more cost-effective insurance option available. Shortly after they became introduced to USA Telecom Insurance Services through the Avetta Marketplace.

The Solution

FastTrac Telecom utilized Avetta’s specialized relationship with USA Telecom to get lower premiums and better solutions. As a premier provider, USA Telecom is able to offer exclusive rates for the telecommunications sector difficult to achieve elsewhere. They worked with FastTrac to procure a better, more cost-effective insurance plan. The impact of which has been huge for the small company. 'Our yearly COI cost dropped about $10K...and helped us get off to a great start this year,' said Jeff Berkenmeier, President of FastTrac. The team also touted the excellent line of communication from the insurance team. Saying that when an issue did occur, their representatives were right there with settlement check to get the crew equipped and back on the road without a long and expensive delay.

Operational Impact

FastTrac Telecom experienced a significant reduction in their yearly COI cost, which dropped by about $10K.
The company benefited from excellent communication from the insurance team, ensuring quick resolutions to any issues.
The new insurance plan helped FastTrac get off to a great start for the year, providing financial relief and operational efficiency.
The relationship with USA Telecom allowed FastTrac to access exclusive rates and better insurance solutions tailored to the telecommunications sector.

Quantitative Benefit