Our dedicated team of experts works towards making the claim administration and recovery process easier and quicker so that your business is back on track as soon as possible.
Our expertise is in handling all manner of claims:
- Material Damage and (advance) Loss of Profit (ALOP) policies
- Loss of Profit (LOP) policies
- Machinery Loss of Profit (MLOP) policies
- Erection All Risk(EAR)
- Contractor All Risk (CAR)
- Delay in Start Up (DSU)
- Mega policies, Industrial All Risk (IAR)
- Engineering
- Machinery Breakdown Insurance (MBI)
- Boiler & Pressure Plant Insurance (BPPI)
- Electronic Equipment Insurance (EEI)
- Standard Fire & Peril policy (SFSP)
- Marine – Import, Export, Inland Transit including specialized Marine Open policy (MOP) and Sales Turnover policy (STOP) and other policies
- ALOP claims following projects: MCE, EAR, CAR and Loss of profit (LOP)/ MLOP claims following respective section of the IAR or mega policy or stand-alone SFSP or MBI respectively
We will also assist you in case of specialized policies such as Commercial General Liability (CGL), Director & Officer Liability (D&O), Error & Omission (E&O) or Professional Indemnity (PI), Stock Broker Indemnity, Workmen Compensation (WC) and others.
We have a strong professional relationship and network with all leading non-life insurers and loss assessors in India to offer comprehensive claim management services.
Our Approach:
- Claim process based on line of business, and briefing session for client immediately after placement of portfolio
- Proactive involvement in claims from intimation till settlement
- Technical assistance for early and appropriate (fair) settlement
- Periodic follow-up and discussions with insurer/surveyor/client
- Assistance for orderly documentation and expeditious settlement
- Periodic training programs which are customized to your needs and risk profile
- Any other specific matter relating to faster and fair settlement of claims Benefit of ABIBL dedicated
Benefits of a dedicated Claim Management Services:
- Substantial improvement in the turnaround time for survey completion and final claim settlement
- Improved chances of recovery of claims
- Recovery of Legitimate claim amount in line with Policy terms and conditions so that you get the fair settlement
- Expert advice 24*7 for Corporate claim matters and assistance to prepare claim documents
- Post loss risk improvement suggestions
- Periodical sharing of MIS and review with your team, surveyor and insurer for expeditious settlement
