We are a team that has long-term, extensive experience in advisory services provided to Polish and foreign companies.
The key areas of our specialization in advisory services are:
Insurance audits - – an insurance audit comprises several stages. The first one is to identify increased risk areas in the company’s operations in cooperation with the client. At the second stage, we take the inventory and analyze the existing insurance cover. Then the existing insurance cover is assessed to see how it matches the risk profiles occurring in the company’s activities. On the basis of these two elements we prepare a recommendation for improvement and optimization of the insurance cover from the standpoint of its scope and costs.
Risk management - our support in the area of risk management comprises help at the stage of analysis and assessment of both strategic and operational risks. The risk analysis and assessment combined with good knowledge of the Polish and international insurance market allows us to select well-fitting insurance products and solutions which eliminate or minimize these risks.
Support of operational processes pertaining to insurance - in this respect we offer help in optimization of the processes, development and implementation of internal operational procedures, development of reporting systems and preparation of templates of internal insurance documents (policy documents/certificates, documents related to performance of insurance agreements and claims handling).
Support of merger or acquisition transactions - our help covers all stages of equity transactions, starting from identification of potential targets, through the insurance ”due diligence” process, negotiations and closing through selection of financial insurance products securing the transaction (“Warranty & Indemnity Insurance”), and support of the management process in the transition period (“post acquisition”). We have advisory experience in this area both from the Polish market and from foreign markets.
Consulting in the area of claims handling - we provide our clients with our full commitment if an insurable event occurs. Our claims handling services comprise claim reporting to the insurer on the client’s behalf, help in collection and analysis of the claim documentation, monitoring and control of the insurer’s claims handling process, preparation of an appeal and participation in the appeal process if the insurer refuses to pay or reduces the payment of the compensation.