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Pre-Renewal AssessmentsDCS Asia Pacific assist insurers and brokers alike by providing specialist renewal assessments of large and problematic policyholders located in the Australian and Asia Pacific region. Each assessment focuses on the claims experience, enabling the insurer to more accurately consider the impending renewal. We appreciate that insurers do not always have as much time available as they would like when considering a renewal, even in cases where the risk is likely to pay a substantial premium. We are also aware of the cost to insurers of having to carry out such assessments in countries or states in which the insurer may not be domiciled and the time taken out of underwriter’s usually hectic schedules. In order to assist insurers in this regard, DCS Asia Pacific undertake reviews of specific risks throughout the Australian and Asia Pacific region, which involves spending time with the insured at their offices to discuss in detail material issues such as internal procedures, claims tracking and their claims experience. We then provide insurers with a comprehensive report, which in addition to commenting on the risk generally will highlight and identify areas of concern and/or merit. DCS Asia Pacific can also assist by working along side specialised risk management and cost reduction experts to minimise future exposure to both the insured and insurer. |
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