Pre-Sales: Insurance Buying Exercise
Detailed understanding of insurable risks
We gain a deep understanding of how you conduct your business to understand your insurable operational risks and moral hazards.
Translating insurable risks to tailor-made insurance programmes
Since each client has a unique set of operational risks, we identify these and tailor them accordingly to prepare a unique insurance program for each client.
Invite insurance companies to find the best match
Once we have designed the insurance program that is right for you, we invite insurance companies to bid on the project so that we can help you find the most suitable policy.
Conducting insurance bid exercise
After receiving bids from different insurance companies, we look for the policy that responds best to your insurance needs.
Negotiating premium policies to get you the best cover
We go the extra mile to negotiate with premium insurance sellers to get you the best cover possible.
Careful Review of the Policy
We double-check to ensure that the selected policy is error-free and stays true to its word.
Post-Sales: Risk Management Services
- Each line of business has its own risk management and we make sure that we manage the associated risks during the run of the policies.
- We are therefore not just insurance brokers; we are your risk managers – we control the outcome of the risks.
- We follow up daily to understand if the risks identified in the pre-sales stage still hold and we ensure that these are being consistently managed.
- We have access to risk assessors that conduct pre-risk surveys to eliminate risk even before the onset of a loss.
- Risk Mitigation: The first step in Risk Management is to eliminate identified risks – if these can’t be eliminated, we take measures to control them to reduce the impact of the risks.
- Once these controls have been applied, we evaluate the extent of these controls and if any further controls are needed.
- Since an understanding of perils is crucial as risk managers, we identify the perils that are the cause of a loss.
- It is therefore inherent in us to identify, mitigate and continually manage your risks – thereby helping reduce your unnecessary operating costs and meet your strategic objectives.