By providing our clients with professional service, guiding them to an objective choice of the best available insurance products. We need to evaluate and concern clients' risk management concept even premium budget plus our recommendations then design the best coverage and premium to fit into their needs. Since we always believe, in today's highly competitive market, our clients need an insurance broker that not only has a full line of services and products, but also competitive rates should be one of the most incentive factors to be attract clients. So, the only thing for our clients is to learn how to pay attentions to what actually drives the business in any environments, rather than speculating on what the future environment might somehow become. Absolutely, we will take care of their future as our responsibility.
Our claim specialists will fulfill a major role in our brokerage services to the Client. Assistance in the adjusting process is a major focus of our role as an ongoing, active member of Client’s claim team.
We are not in the business of providing direct claims administration and handling services; rather, we serve as consultants, technical advisors and auditors, establishing customized client claims systems with insurers and client’s operation.
To add value to the claims process, we can:
• Negotiate with insurers to achieve satisfactory resolution of claims with terms most favorable to the Client.
• Negotiate with insurance companies to ensure that the Client is reimbursed fairly for expenses covered under the applicable insurance policy.
• Review claims handling procedures and instructions.
• Analyze loss experience to assist in loss controls.
• Provide status reports on outstanding claims.
Using the expertise of our Risk Management Services staff, we will collect and analyze the data to determine target locations for our consulting teams. Our analysis will bring together the broker service team and staff from the carrier and other service providers, as needed. The process will involve:
Our staff will undergo continuous training courses including:
Approaches to Handling Risk During Contract Negotiations:
• Shift Risk
• Minimize Risk
• Allocate Risk
• Spread Risk
We can help the Client in reviewing of the various contract; and also advising the Client and its legal counsel and financial advisor the uninsurable risk exposures under the force majeure provision and any contractual needs arise.
There's a lot of capital, and a lot of venture capitalists, going into the infrastructure business. The way these projects are financed, built, and operated has changed drastically in the last decade, and these changes affect the way in which projects are insured. The new complexities and interdependencies mean that the relationships between financiers, developers, insurers, insurance brokers, and governments are more important than ever before.
With these complex financing arrangements between public and private entities, greater risk mitigation is necessary than for conventionally financed projects. We can dealing with all the relationships within these public/private partnerships can be equally complex. deal with all the interests of all the parties in the endeavor, including the lenders' interest, which has become highly focused because of the non-recourse element.
We have the most experience expertise in helping you to manage all these BOT/BOO projects.