Services
RISK ASSESSMENT & MANAGEMENT
- Identifying & analyzing all the risks associated with your business.
- Based on your Balance Sheet and Risk Philosophy, develop Risk Retention & Transfer strategy.
- Develop a Risk Insuring Strategy based on your requirements.
PORTFOLIO REVIEW
- Detailed scrutiny & analysis of existing Insurance Coverage’s.
- Carry out thorough inspection of Risk premises including Risk Management systems.
- Map your existing coverage’s on the risks that need to be covered.
- Identify any uncovered risks and gaps in the insurance cover.
- Optimize the cost of insurance coverage.
UNDERWRITING
- Identify various Insurance covers required to cover the associated risks.
- Scan the complete market to identify the best underwriters.
- Obtain & Evaluate offers received from various underwriters for finding the best solutions.
- Negotiate with the underwriters to customize the policy cover and to obtain best possible rates.
PREMIUM PLACEMENT
- Analysis of risks to be covered.
- Identification of Insurance cover to be purchased.
- Discussions on sum Insured.
- Selection of the Underwriters for quotations.
- Technical & Commercial Evaluation of quotations received.
- Negotiations with the Underwriters & Placement of Insurance business.
CLAIMS MANAGEMENT & ASSISTANCE
- Develop Standard Operating Procedure to deal with the claims.
- Focus on prompt filing of claim & investigation to ensure quick and Cost-effective settlement.
- Complete end-to-end service starting from notification of claim to investigation/survey to negotiations till the final settlement.