Core Insurance Services

Pre-Risk Assessment is a procedure to assess what risks are threatening our client’s overall operations and shall be done as part of our insurance consultancy services. It assess the risk associated with systems and subsystems or components or process steps against company-defined risk criteria.

Understanding how insurance works can help you choose a policy. The major components of policy scope /content of an existing insurance policy would include review of the policy content, premium being charged, policy limit, and deductible/Excess applied.

Firms need to identify and manage potential risks. The uncertainty brought about by internal and external factors may affect our client’s ability to meet its objectives. We help our clients gain more confidence in handling future business decisions by helping prioritize risk-inherent business actions when dealing with potential problems.

The insurance covers available in the market might not necessarily fit to the needs of our client. For this, we frequently design and come up with tailor-made policy contents to provide good options for our clients. Interestingly, these tailor-made insurance schemes cover those parts that the majority of the insurance schemes ignore.

Although premium is not the only comparison criteria, clients’ would first of all like to check how much they would be asked to pay. The toughest job is to compare the premium quoted against the scope of cover offered. We therefore design templates to analyze the premium quoted by insurance companies, and the corresponding cover they offer. But, watch out! “Cheap is never good, and good is never cheap.”

The time taken to handle claims is a key factor in claims handling. This in turn is dependent on the post-risk assessment made immediately after the accident that gives rise to a claim.