Pre-Loss Services
Most insurance products remain untested until a claim comes along, by which time it's too late to remedy any errors or omissions.
However, there is a great deal you can do in advance to smooth the progress of a future claim and ensure that your policy delivers when it matters.
Evaluation of loss before an incident occurs will help you ensure your insurance product is fit for purpose.
Our pre-loss expertise springs directly from the experience we have gained in preparing, presenting, negotiating and resolving complex claims. It includes:
- Policy Stress testing - we test whether your insurance policy will respond as you expect by investigating loss scenarios, considering mitigation options and analysing the insurance policy wording.
- Business interruption review - we analyse your supply chain risk exposure and current insurance policy to identify gaps in insurance protection and any over or under-insurance. This ensures you select the right level of insurance and can prove an invaluable negotiating tool when renewing your insurance.
- Accident and injury claims review - we analyse your health and safety claims management process to uncover potential weaknesses in your policy.
- Claims protocols - we develop agreements with insurers for the management of major claims in advance of a loss occurring. This ensures that you can provide the information they require and that all parties agree the claims process and insurance intent. This has been proven to reduce the claims settlement period and provides tools to help you calculate and agree settlement of insured losses.
Please contact us to see how our Pre-Loss Services can respond to your business needs.
