Constructions
The establishment of insurance constructions
Following the assessment and analysis of risks our company develops such complex insurance construction for the areas agreed with the Client - considering his business activities - that can provide adequate protection against such risks of his business that can be tackled with the help of an insurance.
I would like to call your attention to the following areas of potential co-operation:
- INVESTMENTS: Insurance or shopping centres, office buildings, hotels, hospitals or production plants from the design phase until putting them into operation, as well as during the warrantee period following handover. C.A.R. (Contractors' All Risk) insurances with breakdown cover; the latter for occasions when the handover-acceptance of the investment is delayed as a result of an insurance event - with this coverage the financial schedule will not be endangered, and the security of the financing party can be increased.
- The insurance of OPERATIONAL risks through a complete ASSET INSURANCE PROGRAM: for the material damages of real estate or capital goods, primary materials, and goods, supplemented by breakdown cover, and if requested also with terrorism insurance.
- Complete THIRD PARTY LIABILITY INSURANCE PROGRAM for risks deriving from all legal relations: for damages within the frameworks of the contract caused by services (professional liability), damages caused for third parties outside the contract, for lessor-tenant legal relationship, environmental pollution liability, product liability related damages caused by the products manufactured or traded, or, as employer, for damages caused for the employee. Special professional liability insurances, Directors and Officers Liability, Crime, etc. Worldwide coverage, that can be applicable to the legislation of any country. Insurance program for the tenants of office buildings, shopping centres, logistic centres, based on the framework agreement drafted by the Operator, making use of the total volume.
- Insurance for the LOGISTIC PROCESSES connected to goods supply and redelivery: supplier liability, delivery liability, warehouse logistics liability, SHIPMENT and warehouse goods insurance worldwide with custom extensions for special risks such as just-in-time delivery, cabotage transport,
- Loan (receivables) insurances for even independent projects, clean payments for the coverage of either goods or services - thus the cash-flow can safely be planned.
- Surety (bond) insurances replacing bank guarantee for tenders, operational licences, contracts
- Vehicle Insurances: Car liability insurance, comprehensive (Casco) insurance, GAP, extended warranty for technical failures.
- Life insurances: group and individual travel (assistance) insurances
In connection with the above mentioned fully comprehensive loss adjustment from the notice of loss until the payment of the damages, while paying attention to the carry-over of unpaid provisions for claims encumbering insurance contracts to the payment side.
Operating Insurance Systems
- Due diligence of service or order contracts with the goal to analyse liability, insurance claims and opportunities, and risks in general. In the preparatory phase of projects co-operation for the mutual analysis of the risks and expected expenses; consultation with the lawyers of the Client in connection with the draft agreements.
- Decision-making advising for responsible manager by the elaboration and professional analysis of several alternatives. Elaborating risk lowering proposals.
- In the case of holding-like groups the reconciliation of insurance coverages with the subsidiaries, the establishment of a uniform insurance system.
- Up-to-date and ell-arranged structure towards company managers, regulated management system towards the contract persons in order to achieve effective communication with continuous feedback about the current tasks, the matters in progress, with especial regards to the actual status of loss events. Regular information provided on the changes of the insurance market, the reasons behind, and the expected effects concerning the framework system of insurance contracts.
- Undertaking administrative tasks, preparing coverage certificates, bonds, and the controlling thereof. Fee payment monitoring. Preparing statistics, accounts audit.