Risk Management can be defined as being the set of measures an entity undertakes in order to deal with possible future contingencies, an entity being understood to be an individual ...
We are all well aware that ascertaining the cause of a loss event is essential in order to clarify the cover for the claim, determine liability for the same and ...
Company directors are becoming increasingly aware of just how important it is to carry out adequate, predictive, preventive and corrective maintenance of their plant and machinery. Firstly, it is the ...
The fundamental objective of a Risk Manager is to protect the safety of the workers, the assets and the Profit and Loss Account of their company and therefore, one of ...
We have explained on more than one occasion how, in the Insurance world, the occurrence of a loss event is the moment of truth. Policies are contracted in order to ...
The above does not occur often, but it does sometimes. Indeed, we have been involved in claims in which whilst the damaged machine was being transported to a workshop to ...
For the experts, the Insurance Policy is crucial in order to be able to adjust a loss event. Therefore, when the Policy is “made to measure”, that is to say, ...
There are usually differences between the claim presented by the Insured and their expert and the loss adjustment proposed by the experts acting for the Insurers. Based upon our own ...
It is very important and desirable that the information provided by the expert to the Insurance Company and/or the Insured, depending upon who they were contracted by, is well organised ...
In fire claims, some assets are destroyed and, inevitably, must be replaced. Others, on the other hand, only sustain partial damage and can be recovered. Indeed, what tends to happen ...