Pacres Atil, diverse array of customers, whether they are public listed companies, large and small organizations and individuals share one common characteristic, exposure to risk. They come to us because we do more than simply sell insurance.
We apply our knowledge and resources to advising our clients on the best ways for them to manage, finance and transfer risk. We identify and analyze the nature of our clients’ business risks, risk-retention levels and devise methods of transferring risk to insurance and other markets as detailed below.
Through this solutions-oriented approach, we will aim to fulfill our primary purpose: to help organizations to survive and succeed through the effective management of their risk exposure. We aim to help clients reduce the total cost of risk rather than simply to transfer it. Our solutions involve much more than just the cost of insurance premiums; our approach is increasingly consultative in nature. We are able to assume full administrative duties on all insurance management matters on an ongoing basis for our clients. These include:
- Providing professional opinions/recommendations in the formulation of a corporate policy on insurance.
- To formulate and propose a tailor-made insurance program with products covering the designated risks exposures of the insured as identified is one of our roles in an attempt to provide a sound and comprehensive coverage to fit in with the needs of our client.
- Marketing exercise through inviting numerous insurers to submit quotations. Through our abilities, our Client will always enjoy an extensive and better-arranged insurance program at an improved and reasonable cost.
- Negotiate and arranging the placement of insurance.
- Approving policy contracts against the specification agreed.
- Programming insurance administration and periodic reviews to ensure that any new risk exposures are properly managed on an ongoing basis. We recognize the importance of prompt and efficient service and once again our staffs are fully experienced in all aspects of insurance administration.