Underwriting management
As per the insurance requirements of the client, we suggest to take the adequate protection, so as to ensure that nothing is left unprotected as per the Risk Management Report. Our service will include but not limited to
Conducting semi-annual comprehensive studies to assess the risks related to your company's activities and the associated risks arising from those activities
Review insurance policies, binders, certificates and other documents related to the Insurance PROGRAM for accuracy and obtain revisions in such documents when needed.
Designing the optimal insurance program for the nature of your company’s activity according to the latest technologies and modern insurance coverage in the local and international insurance markets
Attending the opening of tender envelopes with the Bids Committee, and providing the required analysis for the tender offers to ensure that the bids and insurance documents meet the contract terms and conditions.
Develop underwriting information, structure offerings to insurers and secure, when reasonably available, a PROGRAM as desired with financially acceptable insurance companies or other pooling programs providing the balance of coverage scope, cost and services selected.
Preparing the insurance tender documents for the insurance program of your company with specifying the technical and financial conditions that must be met by the offers of the companies participating in the tender, provided that all the issued documents are in Arabic and English
Providing technical support and full assistance for all insurance issues, including issuing the insurance policy , dealing with insurance claims and negotiating with insurance companies regarding all required amendments, reviewing insurance documents, reviewing the financial stability of the insurance program.
