Insurance Broking is a very specialized subject and requires several years of expertise and experience, for it to be perfected. Though there may be a few standard insurance risks and covers, different clients could have different insurance requirements. The underwriters normally have customized products as per their internal corporate policies. These customized policies may not necessarily cater to the risk management requirements of the various corporates.
This is where insurance broking plays a major role. Insurance Broking is the art of insuring the risks of a business entity, such that all the risks related to that business is effectively addressed and mitigated. This may result in new policy documents being drafted to cover the specific risks, existing risk policies being re-worded, all within the acceptable international norms of underwriting and policy administration.
IDBQ plays an important role in ensuring that the insurance broking service is managed in such a manner that the business entity can be assured that its specific risks have been addressed and managed through obtaining the most appropriate risk policy.
IDBQ has been built up based on the skills and experience of our team members. The combined experience of the team will be channelled in the most appropriate manner to deliver first class quality of service to meet the expectations of our Clients.
Whatever be your business, it is essential to carry out a periodic review of your insurance programme;
At IDBQ, our team is ready to carry out an independent review, without impacting your current insurance programme. Our comprehensive findings will be presented back to you to reflect upon and discuss for further course of action, when appropriate.
While the insurance broking is to ensure that an adequate cover has been taken to mitigate the risk, the corollary part to this is claims management.
Please click Claims Management icon to get further information on this.