Navarinou 10, 1100, Ayios Andreas, Nicosia

savvas@insurancelinkcyprus.com

         

70 08 88 83

For companies and organisations that have multiple insurance policies and claims

Outsourcing your Insurance Program Management

Outsourcing your Insurance Program Management

Outsourcing is increasingly affecting more and more business today. As an idea, it is known to reduce costs, improve business efficiency and reduce errors and omissions due to non-know-how. Many times, the staff of a business that deals with e.g. contracting or any other kind of work, does not want to make decisions and take responsibilities related to insurance issues that need experience and know-how, resulting in wasted energy and time in non-productive means. For example a wrong completion of a new insurance application or a wrong entry misspelling in an employee’s  accident claim form from an  accounting clerk with no insurance background, that resulted in a rejection of a claim, can cause unnecessary psychotic situations for both the business owner and his staff.

Outsourcing your Insurance Program Management

To whom this service is addressed

This service is for companies and organizations that have multiple insurance policies and claims, that maintain a separate insurance department, and do not want to waste human resources and capital to manage an issue that requires specialization and know-how, and prefer to entrust it to an experienced external partner. .

This service can also be used by smaller companies that do not have an insurance department and are looking for an external technocrat to oversee their insurance management.

By entrusting me with the management of your insurance program, it frees you up of human resources and capital to concentrate on what you know how to do best.

Procedure

  1. Initial analysis of all Insurance policies to get a feeling of we are dealing with.
  2. I register all your insurance policies in a specialized insurance portfolio management program, which includes, management and storage of documents in the cloud, produces renewal notices and accounting statements for each insurance policy.
  3. I maintain a separate part for your own insurance policies, and I will issue you any statement you require, such as a list of insurance policies by category, by date, total cost, etc.
  1. I Check and review all renewals after your final approval
  2. I complete the application and monitor all claims until final settlement.
  3. I authorize your accounting department to pay premiums to each insurance companies after the issuance and approval of a relevant payment order.
  4. Check the insurance policies for any errors and omissions
  5. I check and co-sign every order to modify, increase, decrease or cancel any insurance policy

Benefit to you

  1. You will have an experienced partner to handle your company’s Insurance
  2. Relieves your company’s personnel form a job they do not understand
  3. Avoiding possible mistakes and omissions
  4. Management costs are reduced to a minimum
  5. You have immediate service with a phone call
  6. You have a specialized office that does this work every day, at your disposal to manage your Insurance program with consistency and professionalism
BENEFIT TO YOU
I am interested
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