Great for companies with an existing in-house insurance department. Our service includes the latest analytics.
This service is meant as a back-office solution assisting in-house insurance personnel with their own analytics and negotiations with brokers. Please refer to the comparison table below.
The following items are NOT included in this service:
a. Triggering policies and claims management for effective and fast payout
b. Deductible Cash advance at loss
c. Implementation including negotiations with insurance brokers/companies
d. Contractual guarantees on service and cost
e. Our team being responsible for the implementation and claims processes
a. Quantifying exposures and probabilities of occurrence for desired protections and for different loss scenarios;
b. Comparable-based analysis on the latest operational controls and insurance;
c. Relevant regulatory updates.
Updates based on market changes, Client operational risk profile, operational losses, and quarterly management calls.
- Deductible Cash Advance at Loss;
- Lowest of 10% of main deductible or 1% of insurance limit (repaid upon successful insurer payout).