Infina is an independent insurance broking firm that provides specialized risk advisory and insurance broking solutions. They take a holistic risk management approach and have expertise across various insurance products including property, marine, motor, health and liability insurance. Their services include insurance audits, broking, claims consulting, actuarial services and risk advisory to help clients effectively manage their risks.
This document discusses various types of insurance policies offered by National Insurance Co. Ltd., including motor insurance, health insurance, travel insurance, personal accident insurance, liability insurance, and various commercial insurance policies. It also provides details about the services offered, such as policy placement, portfolio management, claim management, and risk management. The document lists contact information for the company's division office in New Delhi and two agents.
This document provides information about Alliance Insurance (psc), including their contact details, vision, chairman's message, departments, and products. It describes Alliance as a leading composite insurer in the UAE that provides a range of insurance products and services including general insurance, individual and group life insurance, health insurance, and credit insurance through various departments like motor insurance, technical, claims, actuarial, and more. It also shares details on their vision, mission, and the chairman's message about their growth since 1975.
Protecting Your Business with the Right InsuranceInsideUp
A good insurance company will guide you into a policy that is affordable and effective. Research and ensure that they cover small businesses and have your best interests at heart. InsideUp can help you find the right insurance provider for your business, with free competitive quotes from top providers. Visit http://www.insideup.com/compare/business_insurance
Alliance Insurance Company is a leading insurance provider in the UAE offering a wide range of insurance products and services. It has a paid up capital of 100 million AED and is rated A- by A.M. Best. The company's vision is to be the number one composite insurer in the Gulf region. It has departments covering general insurance, life insurance, health insurance, and more. Alliance Insurance aims to provide quality protection, service, and security to customers.
Small BusinessThe Importance, Need and Why Business InsuranceTerina Lancaster
The document discusses the importance of various types of business insurance. It explains that business insurance protects a company from losses and liability claims through policies like general liability, property, commercial auto, workers' compensation, professional liability, directors and officers liability, and disability insurance. It also outlines some common mistakes to avoid when purchasing business insurance, such as underestimating risks, choosing policies based solely on price, under-insuring or over-insuring, and working with brokers who lack expertise. The overall message is that comprehensive insurance coverage tailored to a business's needs provides critical financial protection.
(http://optimuminsurance.com.au/ProductsServices/ProfessionalRisksInsurance/ProfessionalIndemnityInsurance.aspx) - Professional indemnity insurance policies protect an individual and/or company from claims made against them by a third party for financial compensation arising from a breach of their professional duty.It's essential protection for professional consultants who provide a service, including design and advice.
This document provides an overview of small business insurance. It discusses the importance of obtaining insurance to transfer risk from the business to an insurance company. Common types of insurance are described, including general liability, property, commercial auto, umbrella liability, workers' compensation, professional liability, and employment practices liability. The document emphasizes choosing an independent insurance agent to help determine the appropriate types and amounts of coverage needed based on the business needs. It also provides definitions and examples to help business owners understand their insurance options.
India Insure is an independent insurance broker in India with over 15 years of experience. It has a team of 150 professionals across 8 branches. The company aims to provide customized insurance solutions to its 3000+ customers. It has a proven track record in handling large insurance policies and claims across various industries. India Insure also has an international presence through its partnership with THB Group, one of the largest Lloyd's brokers, providing global insurance solutions to customers.
This document discusses various types of insurance policies offered by National Insurance Co. Ltd., including motor insurance, health insurance, travel insurance, personal accident insurance, liability insurance, and various commercial insurance policies. It also provides details about the services offered, such as policy placement, portfolio management, claim management, and risk management. The document lists contact information for the company's division office in New Delhi and two agents.
This document provides information about Alliance Insurance (psc), including their contact details, vision, chairman's message, departments, and products. It describes Alliance as a leading composite insurer in the UAE that provides a range of insurance products and services including general insurance, individual and group life insurance, health insurance, and credit insurance through various departments like motor insurance, technical, claims, actuarial, and more. It also shares details on their vision, mission, and the chairman's message about their growth since 1975.
Protecting Your Business with the Right InsuranceInsideUp
A good insurance company will guide you into a policy that is affordable and effective. Research and ensure that they cover small businesses and have your best interests at heart. InsideUp can help you find the right insurance provider for your business, with free competitive quotes from top providers. Visit http://www.insideup.com/compare/business_insurance
Alliance Insurance Company is a leading insurance provider in the UAE offering a wide range of insurance products and services. It has a paid up capital of 100 million AED and is rated A- by A.M. Best. The company's vision is to be the number one composite insurer in the Gulf region. It has departments covering general insurance, life insurance, health insurance, and more. Alliance Insurance aims to provide quality protection, service, and security to customers.
Small BusinessThe Importance, Need and Why Business InsuranceTerina Lancaster
The document discusses the importance of various types of business insurance. It explains that business insurance protects a company from losses and liability claims through policies like general liability, property, commercial auto, workers' compensation, professional liability, directors and officers liability, and disability insurance. It also outlines some common mistakes to avoid when purchasing business insurance, such as underestimating risks, choosing policies based solely on price, under-insuring or over-insuring, and working with brokers who lack expertise. The overall message is that comprehensive insurance coverage tailored to a business's needs provides critical financial protection.
(http://optimuminsurance.com.au/ProductsServices/ProfessionalRisksInsurance/ProfessionalIndemnityInsurance.aspx) - Professional indemnity insurance policies protect an individual and/or company from claims made against them by a third party for financial compensation arising from a breach of their professional duty.It's essential protection for professional consultants who provide a service, including design and advice.
This document provides an overview of small business insurance. It discusses the importance of obtaining insurance to transfer risk from the business to an insurance company. Common types of insurance are described, including general liability, property, commercial auto, umbrella liability, workers' compensation, professional liability, and employment practices liability. The document emphasizes choosing an independent insurance agent to help determine the appropriate types and amounts of coverage needed based on the business needs. It also provides definitions and examples to help business owners understand their insurance options.
India Insure is an independent insurance broker in India with over 15 years of experience. It has a team of 150 professionals across 8 branches. The company aims to provide customized insurance solutions to its 3000+ customers. It has a proven track record in handling large insurance policies and claims across various industries. India Insure also has an international presence through its partnership with THB Group, one of the largest Lloyd's brokers, providing global insurance solutions to customers.
Interbug Insurance Broker is a Romanian insurance brokerage company that aims to provide comprehensive and cost-effective insurance coverage and services through in-depth industry knowledge and experience. It offers a variety of property and liability insurance products and services clients' unique risk management needs, including risk audits, policy consultation, claims management, and quick online quotes. The company represents clients' interests with insurance companies and aims to negotiate the broadest and most cost-effective coverage.
This document provides an overview of professional indemnity insurance for recruitment businesses. It explains that professional indemnity insurance protects against claims from third parties for negligent acts, errors or omissions. Common types of claims in the recruitment industry are described. Key elements of professional indemnity coverage are outlined, including limits of indemnity, claims-made basis, retroactive dates, and vicarious liability for temporary workers. The presentation aims to help recruitment businesses understand their professional indemnity options.
Finaccord’s series of reports about professional indemnity insurance in various global markets is comprised of 13 separate studies plus related PartnerBASE™ datasets and market data annexes examining the market for and distribution of policies covering professional liability as it exists in ten European countries plus Australia, Canada and South Africa.
The studies break down the market for this type of insurance on a standardised basis by professional group with 12 categories considered as follows:
- accountancy and finance;
- alternative medicine; - architecture and engineering; - broadcasting and publishing;
- estate agency and property;
- financial and insurance intermediation;
- healthcare-related services;
- IT and business consulting;
- legal services;
- marketing;
- medicine and dentistry;
- and other professional sectors.
Furthermore, they identify affinity schemes for professional liability insurance set up between professional associations and brokers or underwriters of this type of cover, highlight other key underwriters and brokers of professional indemnity insurance and other distribution channels used to sell this form of insurance, and discuss key issues associated with the market. As such, the reports represent the most comprehensive analyses of professional liability insurance in these three countries ever produced.
Mergers And Acquisitions Solutions_FinalSandra Lee
Aon provides risk management and insurance solutions to assist companies with M&A transactions, including insurance due diligence, structuring insurance programs, and human capital services. Their services help clients transfer transaction risks to insurance, protect investments post-transaction through products like warranty and indemnity insurance, and address human capital needs during integration. Aon also offers tax liability insurance and contingent liability insurance to mitigate risks for clients.
Risk Management in insurance business of Bangladesh.Rizwan Khan
In risk management , a firm tries to minimize the amount of risk and the cost of that risk.
Insurance is a written contract , taken with the insuring company , that transfers the risk of loss to the insurer according to the terms of the contract.
This document discusses project insurance and how it can help manage risks for projects. It defines what a project and insurance are, and explains that insurance is a way to transfer project risks to a third party like an insurer. It outlines different types of project risks and how insurance and contracts with vendors can help mitigate delays. It provides an example of HSBC offering customized project insurance services, including risk analysis, documentation, negotiated policies, and claims management to protect project companies and contractors. The goal of project insurance is to allow business to sustain even if risks occur through qualifying and transferring those risks.
The document provides an overview of how insurance companies work. It discusses key terms like insurer, insured, and premium. It explains that insurance companies collect premiums from customers, invest those funds, and use the money to pay claims when insured events occur. The document also outlines some common types of insurance like life, health, property, and car insurance. It discusses factors that determine insurance rates and gives examples of career paths within an insurance company.
Basic insurance concepts and principles 2016San Naing
The Singapore insurance market comprises buyers, intermediaries, and sellers. Buyers include individuals, commercial enterprises, and the government. Intermediaries are insurance agents and brokers who bring buyers and sellers together. Sellers are insurance companies and reinsurance companies. The Monetary Authority of Singapore (MAS) regulates the insurance industry and issues various instruments. Insurance agents must register with the General Insurance Association of Singapore's Agents' Registration Board.
This document discusses insurance as a risk management strategy in financial planning. It defines different types of insurance like auto, life, health, property and professional liability. It explains key concepts such as premiums, deductibles, claims and coverage. Insurance can provide financial protection from risks and play an important role in financial planning by assisting with disability, unemployment, long-term care and death. Periodic reviews of coverage are important.
The document summarizes Allianz Global Corporate & Specialty's financial lines insurance products and services. It describes management liability insurance for commercial businesses and financial institutions that protects directors, officers, and professionals from litigation. It also outlines professional indemnity, fidelity, and international insurance programs. Allianz aims to provide specialized solutions tailored to clients' needs across industries through its global network and expertise in underwriting and claims handling.
James A. Connors Associates is an independent insurance brokerage firm that specializes in providing customized insurance and risk management programs for professional athletes. The firm was established in 1925 and takes a consultative approach to understand clients' unique needs and exposures in order to design cost-effective insurance solutions. The firm prides itself on offering superior client service and representing the interests of clients over insurance companies.
Professional Indemnity Insurance Ultimate Guideakimalvora
This document provides an overview and guide to professional indemnity insurance. It explains that professional indemnity insurance protects businesses from legal claims made by clients for negligence or inadequate professional services that cause financial loss. It recommends that many professions consider this insurance due to the risk of claims. The document outlines what professional indemnity insurance covers, factors to consider in determining coverage amounts, and key policy terms and conditions. It also provides examples of common professional indemnity claims and guidance on handling claims.
WEHBE Insurance Services is a leading independent insurance broker in the UAE and GCC region, providing insurance services for over 50 years. It offers a wide range of corporate and personal insurance products through dedicated departments. WEHBE prides itself on maintaining strong relationships with clients and partners to offer customized insurance solutions and services.
This document provides information about Assurity Life Insurance Company and its product portfolio offered through Assurity at Work. It discusses Assurity's financial strength and stability, with over $2.45 billion in assets and an A- rating from A.M. Best. The document then summarizes several insurance products offered, including accident, hospital indemnity, cancer, critical illness, term life and disability income policies. It highlights benefits, coverage amounts, underwriting approaches and issue ages for each product.
Types of insurance_power_point_presentation_1.10.1.g1b34farmer
There are several types of insurance that can provide financial protection from different risks. Insurance transfers risk from an individual to an insurance company in exchange for premium payments. Key types of insurance include health insurance, which covers medical costs, disability insurance for lost income due to injury, long-term care insurance for elderly care costs, property insurance to rebuild assets like homes after disasters, liability insurance for legal claims against the policyholder, and life insurance for income protection after death. Insurance is an important part of financial planning but still requires deductibles and co-payments from the policyholder in the event of a claim.
Industry Specific P&C Solutions-Not Just InsuranceMichael Rider
This document summarizes AssuredPartners NL's industry-specific insurance solutions for various sectors. They provide comprehensive coverage tailored to each client's unique needs, including: contractors, senior living operators, real estate, manufactured housing communities, cyber liability risks, flood insurance, public entities, and river marine operators. Their specialists review clients' programs to identify savings, minimize risks and costs, and ensure protection of assets.
The document outlines the key components and organizations that make up the insurance industry and market in Malaysia. It discusses the roles of various departments within insurance companies and how they may be organized. It also lists and describes several important institutions related to both the general insurance market and life assurance market, including their objectives and functions.
Optimum Insurance Services provides a wide range of insurance products and services to clients across various industries in Australia and Asia Pacific. They aim to minimize risks for businesses by recommending the right insurance policies and handling claims efficiently. As an insurance broker, Optimum conducts risk assessments and recommends appropriate coverage to protect client assets and liabilities. They offer quality policies from leading insurers at competitive prices and provide expert advice and support from obtaining quotes to processing claims.
Insure First Insurance Brokerage Company ProfileMohammed Irshaad
Insure First is an insurance broking firm committed to being the broker of choice for clients through providing quality service and expertise. They help clients identify their insurance needs and recommend the most appropriate and favorable insurance. Insure First also processes and negotiates claims. Engaging Insure First allows clients to focus on their core business while Insure First uses its market knowledge to ensure the right insurance decisions are made at competitive prices. Insure First's services do not increase clients' insurance costs, as the broker's commission comes from the insurer's acquisition and servicing fees included in premium rates.
Interbug Insurance Broker is a Romanian insurance brokerage company that aims to provide comprehensive and cost-effective insurance coverage and services through in-depth industry knowledge and experience. It offers a variety of property and liability insurance products and services clients' unique risk management needs, including risk audits, policy consultation, claims management, and quick online quotes. The company represents clients' interests with insurance companies and aims to negotiate the broadest and most cost-effective coverage.
This document provides an overview of professional indemnity insurance for recruitment businesses. It explains that professional indemnity insurance protects against claims from third parties for negligent acts, errors or omissions. Common types of claims in the recruitment industry are described. Key elements of professional indemnity coverage are outlined, including limits of indemnity, claims-made basis, retroactive dates, and vicarious liability for temporary workers. The presentation aims to help recruitment businesses understand their professional indemnity options.
Finaccord’s series of reports about professional indemnity insurance in various global markets is comprised of 13 separate studies plus related PartnerBASE™ datasets and market data annexes examining the market for and distribution of policies covering professional liability as it exists in ten European countries plus Australia, Canada and South Africa.
The studies break down the market for this type of insurance on a standardised basis by professional group with 12 categories considered as follows:
- accountancy and finance;
- alternative medicine; - architecture and engineering; - broadcasting and publishing;
- estate agency and property;
- financial and insurance intermediation;
- healthcare-related services;
- IT and business consulting;
- legal services;
- marketing;
- medicine and dentistry;
- and other professional sectors.
Furthermore, they identify affinity schemes for professional liability insurance set up between professional associations and brokers or underwriters of this type of cover, highlight other key underwriters and brokers of professional indemnity insurance and other distribution channels used to sell this form of insurance, and discuss key issues associated with the market. As such, the reports represent the most comprehensive analyses of professional liability insurance in these three countries ever produced.
Mergers And Acquisitions Solutions_FinalSandra Lee
Aon provides risk management and insurance solutions to assist companies with M&A transactions, including insurance due diligence, structuring insurance programs, and human capital services. Their services help clients transfer transaction risks to insurance, protect investments post-transaction through products like warranty and indemnity insurance, and address human capital needs during integration. Aon also offers tax liability insurance and contingent liability insurance to mitigate risks for clients.
Risk Management in insurance business of Bangladesh.Rizwan Khan
In risk management , a firm tries to minimize the amount of risk and the cost of that risk.
Insurance is a written contract , taken with the insuring company , that transfers the risk of loss to the insurer according to the terms of the contract.
This document discusses project insurance and how it can help manage risks for projects. It defines what a project and insurance are, and explains that insurance is a way to transfer project risks to a third party like an insurer. It outlines different types of project risks and how insurance and contracts with vendors can help mitigate delays. It provides an example of HSBC offering customized project insurance services, including risk analysis, documentation, negotiated policies, and claims management to protect project companies and contractors. The goal of project insurance is to allow business to sustain even if risks occur through qualifying and transferring those risks.
The document provides an overview of how insurance companies work. It discusses key terms like insurer, insured, and premium. It explains that insurance companies collect premiums from customers, invest those funds, and use the money to pay claims when insured events occur. The document also outlines some common types of insurance like life, health, property, and car insurance. It discusses factors that determine insurance rates and gives examples of career paths within an insurance company.
Basic insurance concepts and principles 2016San Naing
The Singapore insurance market comprises buyers, intermediaries, and sellers. Buyers include individuals, commercial enterprises, and the government. Intermediaries are insurance agents and brokers who bring buyers and sellers together. Sellers are insurance companies and reinsurance companies. The Monetary Authority of Singapore (MAS) regulates the insurance industry and issues various instruments. Insurance agents must register with the General Insurance Association of Singapore's Agents' Registration Board.
This document discusses insurance as a risk management strategy in financial planning. It defines different types of insurance like auto, life, health, property and professional liability. It explains key concepts such as premiums, deductibles, claims and coverage. Insurance can provide financial protection from risks and play an important role in financial planning by assisting with disability, unemployment, long-term care and death. Periodic reviews of coverage are important.
The document summarizes Allianz Global Corporate & Specialty's financial lines insurance products and services. It describes management liability insurance for commercial businesses and financial institutions that protects directors, officers, and professionals from litigation. It also outlines professional indemnity, fidelity, and international insurance programs. Allianz aims to provide specialized solutions tailored to clients' needs across industries through its global network and expertise in underwriting and claims handling.
James A. Connors Associates is an independent insurance brokerage firm that specializes in providing customized insurance and risk management programs for professional athletes. The firm was established in 1925 and takes a consultative approach to understand clients' unique needs and exposures in order to design cost-effective insurance solutions. The firm prides itself on offering superior client service and representing the interests of clients over insurance companies.
Professional Indemnity Insurance Ultimate Guideakimalvora
This document provides an overview and guide to professional indemnity insurance. It explains that professional indemnity insurance protects businesses from legal claims made by clients for negligence or inadequate professional services that cause financial loss. It recommends that many professions consider this insurance due to the risk of claims. The document outlines what professional indemnity insurance covers, factors to consider in determining coverage amounts, and key policy terms and conditions. It also provides examples of common professional indemnity claims and guidance on handling claims.
WEHBE Insurance Services is a leading independent insurance broker in the UAE and GCC region, providing insurance services for over 50 years. It offers a wide range of corporate and personal insurance products through dedicated departments. WEHBE prides itself on maintaining strong relationships with clients and partners to offer customized insurance solutions and services.
This document provides information about Assurity Life Insurance Company and its product portfolio offered through Assurity at Work. It discusses Assurity's financial strength and stability, with over $2.45 billion in assets and an A- rating from A.M. Best. The document then summarizes several insurance products offered, including accident, hospital indemnity, cancer, critical illness, term life and disability income policies. It highlights benefits, coverage amounts, underwriting approaches and issue ages for each product.
Types of insurance_power_point_presentation_1.10.1.g1b34farmer
There are several types of insurance that can provide financial protection from different risks. Insurance transfers risk from an individual to an insurance company in exchange for premium payments. Key types of insurance include health insurance, which covers medical costs, disability insurance for lost income due to injury, long-term care insurance for elderly care costs, property insurance to rebuild assets like homes after disasters, liability insurance for legal claims against the policyholder, and life insurance for income protection after death. Insurance is an important part of financial planning but still requires deductibles and co-payments from the policyholder in the event of a claim.
Industry Specific P&C Solutions-Not Just InsuranceMichael Rider
This document summarizes AssuredPartners NL's industry-specific insurance solutions for various sectors. They provide comprehensive coverage tailored to each client's unique needs, including: contractors, senior living operators, real estate, manufactured housing communities, cyber liability risks, flood insurance, public entities, and river marine operators. Their specialists review clients' programs to identify savings, minimize risks and costs, and ensure protection of assets.
The document outlines the key components and organizations that make up the insurance industry and market in Malaysia. It discusses the roles of various departments within insurance companies and how they may be organized. It also lists and describes several important institutions related to both the general insurance market and life assurance market, including their objectives and functions.
Optimum Insurance Services provides a wide range of insurance products and services to clients across various industries in Australia and Asia Pacific. They aim to minimize risks for businesses by recommending the right insurance policies and handling claims efficiently. As an insurance broker, Optimum conducts risk assessments and recommends appropriate coverage to protect client assets and liabilities. They offer quality policies from leading insurers at competitive prices and provide expert advice and support from obtaining quotes to processing claims.
Insure First Insurance Brokerage Company ProfileMohammed Irshaad
Insure First is an insurance broking firm committed to being the broker of choice for clients through providing quality service and expertise. They help clients identify their insurance needs and recommend the most appropriate and favorable insurance. Insure First also processes and negotiates claims. Engaging Insure First allows clients to focus on their core business while Insure First uses its market knowledge to ensure the right insurance decisions are made at competitive prices. Insure First's services do not increase clients' insurance costs, as the broker's commission comes from the insurer's acquisition and servicing fees included in premium rates.
Shire Insurance Services offers a wide range of commercial and specialist insurance policies for UK businesses, including commercial property insurance, shop insurance, office insurance, surgery insurance, combined liability insurance, professional indemnity insurance, motor fleet insurance, goods in transit insurance, contractors insurance, motor trade insurance, private medical insurance, travel insurance, home insurance, and property owners insurance. They understand business insurance needs and ensure clients have the appropriate level of coverage.
This presentation is all about insurance. It will cover some topics.
1-What is Insurance ?
2-Why Insurance ?
3- Type of Insurance
4-What is Risk?
5- Peril and Hazard
6- Transfer of Risk ?
7- Mitigation
8-WHAT IS GENERAL INSURANCE ?
9- Type Of General Insurance
10- Insurance Company Operations
11- Underwriting, Claims Settlement
12- Reinsurance
We provide quality insurance advice and service to all clients. We have over 4,000 clients across Australia and review policies annually to ensure clients have the best coverage at the lowest price. We are fully accredited and qualified to provide insurance advice in accordance with financial regulations.
This document discusses the risk management and insurance services provided by USI Insurance Services. USI specialists work with clients in various industries to design customized insurance plans, advocate for clients' interests, and help manage risks at the lowest net cost. USI provides services including claims management, loss control, consulting and more with the goal of protecting businesses and reducing costs and surprises.
This document summarizes the services provided by Corporate Insurance Management. They aim to provide effective and efficient insurance solutions to help clients succeed by identifying risks, pricing strategies, and claims processes. Their goal is to protect corporations and individuals from unexpected losses through negotiated insurance plans with local insurers. They offer a variety of general insurance products and services and focus on continuous risk improvement through identification, analysis, and monitoring.
Aon provides risk management and insurance solutions to assist companies with M&A transactions, including insurance due diligence, structuring insurance programs, and human capital services. Their services help clients transfer transaction risks to insurance, protect investments post-transaction through products like warranty and indemnity insurance, and address human capital needs during integration. Aon also offers tax liability insurance and contingent liability insurance to mitigate risks for clients.
Insurance Link is an insurance and financial planning firm that provides comprehensive insurance and financial planning solutions for personal and business clients in Cyprus and abroad (Paragraph 1). The firm is led by Savvas Christoforou and offers a wide range of insurance policies and consulting services (Paragraph 2). The firm's mission is to provide tailored insurance and financial planning solutions to meet customers' needs at competitive prices and with high-quality service (Paragraph 3).
The document provides an analysis of the financial statements of Universal Insurance from 2010-2014. It includes information on the company's vision, mission, services, audit reports, shareholding patterns, balance sheets, and ratio analyses. The balance sheets show that associated companies have major control of Universal Insurance, while the general public has the second largest stake. The audit reports are all unqualified, indicating the financial statements comply with standards.
Group Five Insurance Consultants is an insurance brokerage and advisory firm registered in Kenya. It aims to be the top choice for insurance, investment, and actuarial consulting services in the region. The company offers a wide range of insurance products and services including fire, medical, life, and pension plans. It works with major insurance underwriters in Kenya and provides personalized attention to its clients. The company is committed to customer focus, communication, teamwork, innovation and quality in its operations.
(http://optimuminsurance.com.au/Blog/tabid/158/ArticleID/6/The-benefits-of-engaging-an-insurance-broker.aspx) - We ask you to consider the following which should help you make a better informed decision:
Statewide Insurance Brokers is a full-service general insurance broker based in Western Australia that has been operating since 1970. As a member of the Steadfast broker network, Statewide can access over 100 Australian and international insurance companies to provide commercial and personal insurance policies to its clients. Statewide aims to provide expert advice and exceptional service to clients through qualified staff and a commitment to upholding principles of excellent customer service, value, and professional expertise.
SHC Insurance Brokers is one of Australia's largest insurance brokers, specializing in commercial insurance. It has over 20 years of experience and offers a range of online and in-person insurance services to corporate, retail, SME, construction, and other clients. SHC prides itself on its expertise, efficiency, and ability to adapt to client needs through innovative online platforms and white-label solutions.
When you insure your food processing facility with Sentry, you’ll be working with a team of experts specially trained in food processing exposures.
Sentry’s sales, underwriting, safety and claims specialists all know your business, offering leadership and expertise in providing property, general liability,
auto, workers’ compensation, group coverage and retirement plans for the food processing industry.
Sentry’s coverages and services focus on helping protect food processing facilities against losses that could disrupt your operations or jeopardize your financial well-being.
Business insurance protects a company from financial losses and includes policies like general liability, property, and workers' compensation. It works by sharing the company's risks with an insurance provider in exchange for premium payments. If a loss occurs, the insurer pays claims up to the policy limits after the business pays its deductible. The specific types of coverage a business needs depends on factors like its size and operations. An independent insurance agent can help tailor the right policies from multiple providers.
Lonpac Insurance Bhd is Malaysia's largest non-life insurer that offers both personal and business insurance products. It aims to be the preferred insurance provider through innovative products and excellent customer service. Lonpac provides a wide range of insurance policies like health, fire, motor, personal accident, bond, engineering, marine, and liability insurance. It distributes policies through agents across its 21 branches nationwide. Lonpac is highly rated for its strong capitalization and consistent financial performance.
The document provides information on the board members and leadership of DERAYA Insurance Brokers, including their backgrounds and experience in the insurance industry. It then outlines DERAYA's vision, services, and areas of expertise. DERAYA aims to redefine insurance brokerage through quality services, advanced technology solutions, and highly skilled personnel. The company provides various general, medical, and life insurance services and products to clients in Saudi Arabia.
Bollington Insurance is a large, independent UK insurance broker that has been in business for over 40 years. They pride themselves on understanding their clients' businesses inside and out in order to provide tailored insurance solutions. Bollington works with a wide range of insurers to ensure clients are properly protected at a competitive price. They aim to build long-term partnerships with clients and help them manage risks through dedicated account managers and risk management specialists.
2. ABOUT INFINA INSURE
TO MANAGE YOUR RISK YOU NEED A
PARTNER WHO UNDERSTANDS YOUR
BUSINESS AND PROVIDES SUITABLE
RISK TRANSFER SOLUTIONS.
Infina has built up specialised industry and market knowledge enabling our team to advise on the most
complex of insurance programmes. Our team comprises experienced professionals whoa are knowledgeable
and fully updated with latest industry and product trends. This enables us to provide client-centric solutions,
cost effectively.
We take a holistic risk advisory approach rather than a product specific approach, to partner with our
clients. Thus, we are well equipped to advise on all aspects of risk and deal with all major insurers across
life, general and health insurance.
3. OUR STRENGTHS
INDEPENDENCE
We operate as an independent company of industry professionals who have come together. This allows us to operate
in our clients best interests. The promoters are hands on and very involved in the daily operations of the business. This
brings consistency and continuity to your engagement with us.
ENGAGEMENT
We believe in partnering with our client's to understand the nature of business and take a 'bottom up' risk oriented
approach.
STRONG INSURER RELATIONSHIPS
We have built strong relationships with multiple insurers and have identified specific expertise that each insurer has.This
is particularly important while identifying the right product provider for the each risk type.
TECHNICAL EXPERTISE
We operate across all lines of business - Life, General and Health and have built in house technical expertise.
CUSTOMER ORIENTATION
We have dedicated teams for each client. Each team is responsible for all aspects of policy servicing, claims and
renewals. We have tight process controls and turn around times to ensure effective delivery.
4. WHAT WE DO -OUR SERVICES
INSURANCE
AUDIT
INSURANCE
BROKING
RISK
ADVISORY
CLAIMS
CONSULTING
ACTUARIAL
SERVICES
6. INSURANCE AUDIT
An 'Insurance Audit' is often the start of our engagement with companies that are our clients. During this audit, we carry out risk
analysis of existing insurance policies of companies to identify how we can improve coverage, cost effectively. Some key
components of the insurance audit are:
Risk Review: Our team engages with you to understand your business, systems and processes to ensure that we capture the
types of risks that your company and employees face. We identify and analyse your risk exposures for all risks, including fire,
engineering, transit, credit risk, employee benefits and liability covers.
Technical Analysis: Insurance policies are technical in nature, with lots legal jargon, clauses, warranties and exclusions. These
need to be looked at carefully at the outset when purchasing insurance to ensure that, in the event of a claim, the coverage has been
comprehensive to protect against the loss. We review the insurance terms and conditions of your policies thoroughly.
Gap Identification: Through the above risk review and technical analysis of your existing insurance policies we provide you with
an easy to understand and independent evaluation of your current insurance coverage and a gap analysis for your consideration.
The Output - Insurance Audit Report: The output for discussion with our clients is an‘Insurance Audit Report’with detailed
suggestions on how you can simplify your insurance programme, ensure that all immediate risks are covered, gaps are identified and
suggestions are provided on relevant products and terms.
8. PROPERTY INSURANCE
Property insurance policies protect your property like buildings, plant and machinery, stocks, office equipment against
losses caused by fire, floods, storms, earthquake, terrorism, theft, accidental damage and breakdown. These policies
cover the cost to replace or repair the property. In case the property cannot be replaced or repaired, the policy can
provide monetary compensation.
Standard fire and special perils Industrial all risks
Electronic equipment policy Office umbrella policy
Money insurance Business interruption
ENGINEERING POLICIES
Property insurance policies protect your property like buildings, plant and machinery, stocks, office equipment against
losses caused by fire, floods, storms, earthquake, terrorism, theft, accidental damage and breakdown. These policies
cover the cost to replace or repair the property. In case the property cannot be replaced or repaired, the policy can
provide monetary compensation.
Boiler and pressure plants Machinery breakdown
Contractors all risk policy Erection all risk policy
Marine with erection Riskcontractors plant machinery
9. MARINE INSURANCE
Also known as‘Transit insurance’, this is suitable for exporters, importers, traders, manufacturers, contractors of projects,
bankers and individuals. The sales terms between the buyer and the seller usually define the insurance requirement. A
transit policy covers transit by road, rail, air or water. The classifications of transit policies are
Specific voyage policies Open policies
Sales turnover policies (stop) Marine hull insurance
MOTOR INSURANCE
Motor insurance must be taken by a vehicle owner whose vehicle is registered with the Regional Transport Authority
in India.
The cover includes comprehensive car insurance (if your car is stolen, damaged by fire or during an accident)
It also covers third party liability, if people claim against you for injury or damage to their car or property
Personal Accident cover for the driver in the event of death/permanent total disablement arising from car accident
There are several variants of motor car insurance policies such as zero depreciation plans, and plans with different
coverage levels consumables, tires and engine protection.
10. HEALTH INSURANCE
A health insurance contract between the insurer and the insured is when the insurer agrees to pay hospitalisation
expenses to the extent of an agreed sum insured in the event of any medical treatment arising out of an illness or an
injury. At Infina, we have a specialist team to support corporate HR departments in the communication of product
benefits to the employees. We offer both Group Health and Retail Health solutions.
Group Term Life Hroup Personal Accident Group Gratuity
Leave Encashment Group Pension Funds
BURGLARY, THEFT, FIDELITY AND CRIME
Burglary And Theft Crime Fidelity Guarantee
CASUALTY RISKS
Public Liability Product Liability
Workmen’s Compensation
11. JEWELERS BLOCK
This policy covers risks of jewelers whose business involves sale of articles of high value like jewelry, gold and silver
articles, diamonds and precious stones, wrist watches etc. The trade involves stocking these items in large quantity and
moving them between different premises.
CREDIT INSURANCE
This policy protects amounts receivable against non-payment from the buyer due to insolvency, protracted default
and political risks (for exports only). This policy is offered by insurers for domestic trade and exports and is an effective
tool indemnifying business risks.
LIABILITY
Companies are often exposed to legal liabilities arising out of breach of duty of care to the general public and their
customers. Directors and officers of a company are exposed to liability from the various decisions taken by them during
the performance of their duties. A liability could also arise from a defect in a product manufactured and sold. Specific
policies can be taken to cover legal liabilities of companies, directors and officers and other commercial establishments.
Directors And Officers Liability Product Liability
Professional Indemnity Product Recall
12. LIFE INSURANCE AND RETAIL PLANS
Based on the life stage and cash flow requirements of our customers, we can advise on each of the following life insurance
product categories and provide multiple comparative options to find the one most suited to our customers’ needs. We
offer advice on a number of life insurance products, including term life insurance, whole life products, endowment,
money-back, annuity and unit linked plans.
Term Life Insurance Whole Life Plans
Endowment Plans Moneyback Plans
Unit Linked Plans Annuities
RETAIL PLANS:
Home Insurance Travel Insurance
INSURANCE BROKING SERVICES
Our team at Infina has detailed industry knowledge and the relevant expertise, skills and relationships to advise and place
complex risks, by ensuring optimum pricing and coverage for our customers. Our Insurance Broking services comprise the
following:
Product Underwriting Quotation Preparation And Submission
Quote Comparison Cost Minimisation
Product Advisory Insurer Selection
Policy Servicing
13. CLAIMS SETTLEMENT
We have a team of experts who have a deep understanding of our client’s business and strong relationships with all
insurers and surveyors for timely claims settlement. We also provide advice on claims prevention. For example, in the
case of Group Health claims, we provide detailed claims analyses to help companies understand the nature of their
employee claims and how they can be reduced through employee awareness
COMMUNICATION
Employee communication is particularly relevant in certain product types, such as in Group Health policies.
Our services include
• Arranging communication campaigns with employees to help them understand the benefits of the group health
policy, terms and conditions and claims process, etc.
• Healthcare camps to check health status of your employees’health
• Periodic newsletters and informative materials on preventive healthcare
PROGRAMME SIMPLIFICATION
ESeveral companies have large amounts of fragmented insurance policies that are renewable at multiple dates, making
it an administrative burden for the internal team. We propose to simplify the insurance administration by streamlining
the policy renewals to a few key dates.
15. RISK ADVISORY
Infina works with a panel of IRDA certified Risk Inspectors who will complete a thorough evaluation of the various
exposures facing your business. We also complete a valuation of assets so that there is no underinsurance in the sum
insured declaration. The Risk Inspection and Valuation report will form an integral part of the insurance policy and will
ensure that the nature of risk is well documented. The report will provide cost effective, practical loss prevention
recommendations to reduce the frequency and/or severity of loss. The report will be used by the underwriters in
determining the terms of your insurance cover. This becomes particularly relevant in the event of a claim, as it ensures
that there has been transparency in declaration of risk for underwriting and documentation.
We encourage our customers to complete a thorough risk inspection, so that the various types of risk exposures are
documented in the policy.
Claims Assessment Ensuring Right Terms
Adequacy Of Sum Insured Risk Improvement
Locational Risk Lighting, Heating And Power
Process Of Manufacture Exposure
Safety Measures Management And Supervision
17. CLAIMS CONSULTING
Timely and fair claim settlement to rebuild your business in the event of a loss is core to our role. We have an
experienced claims team that will negotiate with insurers to expedite and obtain the best terms and facilitate all
aspects of the claims process to ensure that you have the cash flows required to re-build your business
Claims Control:
Our role as a claims consultant is also to analyze the patterns of claims that your organization faces and advise you on
how these claims can be minimized to reduce your overall premium outflow. Our engagement with the selection of
the insurer, third-party administrator, loss surveyors and review of you internal processes help reduce claims ratios.
These can be built in to the your risk management plans by determining frequently occurring claims and risk
improvement processes that can be incorporated cost effectively to minimize occurrence of a loss.
Claims Resolution:
We have strong relationships with the claims teams at the insurers and surveyors to support the client in complex or
disputed claims and support the insured in claims escalation with insurers and with consumer forums.
Loss Minimisation Advice:
In certain types of policies, particularly liability covers, where settlement time can be indefinitely delayed, we can
facilitate settlement of claims on a commercial basis, which will help reduce leg
19. ACTUARIAL SERVICES
Our sister concern, Insurance & Tax Consultancy Services (ITCS), has been carrying out the work of Actuarial Valuation
of Gratuity Liability, Leave Encashment Benefits, Pension Liability and Post Retirement Schemes for several leading
corporates across the country since 1972. We are currently servicing over 400 corporate clients, which includes Indian
private and public limited companies, multinationals, government enterprises and not for profit organisations. With an
expertise in this area and an experience for almost four decades, we assure our clients prompt and timely service and
accuracy in all our Actuarial Valuation reports as per legal requirements. We provide actuarial valuations of employee's
benefits as per statutory requirement of Accounting Standard 15 (revised) issued by the Institute of Chartered
Accountants of India.
Gratuity Liability Leave Encashment Liability
Earned Leave/leave Benefits Sick Leave Benefits
Pensions And Other Defined Benefits Plan
Post Retirement Medical Benefit Schemes
20. COMPANY ADDRESS
CONTACT
Mihas Setalvad
Managing Director
M +91 9820236399
E: mihas.setalvad@infinainsure.com
Ashish Jhamb
Chief Operating Officer
M +91 9821326760
E: ashish.jhamb@infinainsure.com
Abhishek Jhamb
Director - Client Servicing and Operations
M +91 9820843511
E: abhishek.jhamb@infinainsure.com
Infina Insurance Broking Pvt. Ltd.
6th Floor, New Harileela House,
34/38 Mint Road, Fort.
Mumbai 400001.
Telephone: +91 226 6375200,
E-mail: service@infinainsure.com
Website: www.infinainsure.com