Assign experienced and specialized team to review and analyze risk profile.
Assist to identify and determine the exact nature and scope of risk.
Advise on the allocation of risks identified, availability and likely costs of insurance.
Advice on contractual risk transfer in relation to insurability of risks.
Assist in insurance negotiation with third parties, if required.
Review any existing insurance programs and recommend modifications/enhancements, where necessary.
Prepare insurance proposals.
Assist in drafting of insurance clauses in relevant contracts, agreements and information memorandums.
Meet and discuss with clients on insurance proposals.
Design and formulate a customized insurance package, including tailor made policy wordings.
Obtain appropriate competitively priced insurance coverage locally, and if required, internationally.
Review existing insurance program periodically.
Provide insurance market updates as well as work closely with the client’s growth plans.
Provide an immediate and personalized attention to the client.
Design of claims notification and settlement procedures.
Prepare insurance summaries and insurance claims manual.
Administer and handle all claims processing.
Liaise with adjusters on claims reports.
Arrangement of visits by leading insurers and reinsurers.
Provide training for in-house personnel on insurance matters.
Arrange for professional’s risks management teams on Loss Control other specific risk management.
Among the loss control and risk management services are as follows:
1) Property Protection
2) Business Interruption/Operational Continuity
3) Occupational Health & Safety
4) Product Liability
5) Security
