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BENEFITS OF ALESCO
Fulfilling Your Needs
When it comes to providing claims advice, our in-house team is committed to delivering efficient results for our clients.
Our claims specialists have many years’ experience in handling significant, complex claims, and have negotiated successful outcomes often over and above expectations. Certain members of the team have also held previous positions within the claims teams of the major London market insurers, as well as in certain cases, law firms or loss adjusters, and this blend provides a wealth of varying experience for us to deploy as a clear benefit for our clients.
We will advocate on your behalf, echoing your objectives and using our leverage in the insurance market place. Our reputation with all the key insurers - and their lawyers - is very clear and helps us to get optimal claims resolution for our clients.
Our Approach
The minimum expectation of any client should be that its broker undertakes all the necessary administrative and communication functions to ensure a notice of claim or potential claim is properly and promptly presented to insurers.
Naturally, we execute these duties as a matter of course. We do not, however, leave it at that. Our approach is to go well beyond these minimum obligations.
We will engage with our client – and with the insurers, on the client’s behalf – at every stage of the life of the claim. We will provide advice, counsel and guidance at every stage, beginning with the initial notification, through to settlement. The client executive on the broking side will also be involved, to ensure that the insurers’ response is in line with the coverage intent and design. We will engage with the insurers’ claims professionals, their underwriters and any appointed loss adjusters or solicitors, to ensure a properly commercial response.
Advantages
As our client base consists of large and sophisticated corporations, engaged in ventures of a hazardous nature with assets of high value, it is no surprise that claims handling is of paramount importance for them.
The key service benefits our integrated claims team provide are:
- A collaborative team approach – we will regularly involve two individuals from the team, particularly in complex claims, not only to ensure continuity and consistent availability, but to challenge our views and ensure that the next strategic steps are debated appropriately.
- Claims professionals that have taken the time to understand your business and objectives.
- Significant strength in depth and procedures to manage conflicts of interest that may arise.
- Extensive experience in the management of a wide array of claims, including high volume classes, large ‘single event’ losses, and technically complex claims.