Risk Audit

We are Ontop Insurance brokers, the experts you can trust when it comes to Insurance brokerage and consultancy.

1. We conduct insurance portfolio Audit for you

  • TO DETERMINE APPROPRIATE PRICING AND
  • TO ENSURE APPROPRIATENESS OF YOUR INSURANCE COVERS.

 

2. WE PROVIDE RISK SURVEY AND GUIDE YOUR COMPLIANCE WITH POLICY/STATUTORY REQUIREMENTS

  • To ensure good housekeeping
  • To negotiate discounts
  • To reverse anomalies

We can hence recommend pre loss/post loss prevention and loss reduction measures to achieve very competitive discount using our very wide knowledge of the market and business interruption is avoided.

 

3. WE NEGOTIATE DEDUCTIBLES AND DISCOUNT FOR YOU, AND ALSO ADVISE YOU ON RISK RETENTION OPTIONS.

This is a Cost containment benefit to avoid unnecessary cover and negotiate Discounts as allowed by underwriters

 

4. WE ARRANGE CUSTOMIZED INSURANCE PACKAGE AND THE MEMORANDUM OF UNDERSTANDING ON EXECUTION OF ITS TERMS.

  • This will ensure Speed and efficiency in the implementation of policy conditions and claims term.
  • It will provide indirect financial benefit in terms of time value of money, seamless service etc.

 

5. WE GIVE YOU UPDATE ON REGULATORY ISSUES AND RELATED MATTERS.

This will create awareness for future constructive engagement on insurance issues, avail the platform for compliance to compulsory insurance covers and enable knowledgeable and sound decisions on issues of technical nature to ensure that our clients does not suffer any penalty for non-compliance with any insurance regulatory issues.

 

6. WE PROVIDE CREDIBLE AND TRANSPARENT LEADERSHIP FOR YOUR INSURANCE CONSORTIUM

  • To pursue active, fruitful participation of all members of the consortium
  • To ensure free flow of information
  • To ensure that underwriters’ premiums are promptly paid
  • To call regular meetings for quarterly review with client in order to achieve high ethical standard on management of your Insurance portfolio

Hence, you enjoy the benefit of mutual understanding respect and trust needed for rancour free management of your insurance portfolio

 

7. EQUITABLE PRICING OF RISK PREMIUM

We can obtain a competitive rate that is comparative to your scope of cover. Such good, fair or advantageous rate will naturally come from our listed services to produce Cost-efficiency and effectiveness