INSURANCE BROKER SERVICES

Insurance broker is an intermediary acting on the insurance market. This profession can only be performed by those included on the list of brokers conducted by Polish Financial Supervision Authority prior to the formal exam and meeting defined by law requirements proving the reliability and impartiality. Broker services mean concluding and executing contracts on behalf of policy holders.

Broker performs audit of the insurance risk at the company and then upon the knowledge of offers from insurance market recommends the best insurance programme for the Client.

To set final insurance conditions broker not only uses General Terms and Conditions but also negotiates changes and modifications of standard wordings to protect the Client in the perfect way.

Broker is updated on a regular basis about the financial position of insurance companies and excludes those with not satisfactory standing. Broker participates in loss settlement procedures helping the insured company in every possible aspects.

INSURANCE BROKERS VERUM

In order to ensure the quality of insurance services and guarantee the payment of compensation we work only with reputable insurance companies.

We provide professional service and advice in the field of insurance for our Client free of charge.

We specialize in insurance of firms and companies. Our offer includes:

• Property insurance - named perils or all risks including loss of profit (business interruption - BI)
• Engineering insurance - Machinery Breakdown – MB, Contractors’ Plant and Machinery -CPM, Contractors’ All Risks – CAR, Erection All Risks - EAR, Machinery Loss of Profit - MLOP, Advanced Loss of Profit - ALOP
• Finance Insurance – contract bonds including Bid bonds, Advance Payment bonds, Performance bonds, Maintenance bonds and Trade receivables
• Third Party Liability insurance including Tort and Contractual liability, Professional liability, Directors’ and Officers’ liability
• Motor insurance
• Individual and Group life insurance.

We also deal with non-standard insurance which are not available on Polish market.

We offer assistance in organizing the tender of the insurer - in accordance with the requirements of public procurement law.

Our offer includes special VIP programs – made to measure of individual Client - insurance of residences, vehicles as well as life insurance policies and investment funds.

TRAININGS

Further to the conclusion of insurance agreements, Insurance Brokers Verum on behalf of the Client organizes a set of free of charge trainings. Subject of trainings includes the scope of the insurance cover, the Insured obligations and the claim procedure. Insurance Brokers Verum offers also presentations of insurance products that could be within the scope of the interests of the Company.

INSURANCE CLAIMS

Insurance Brokers Verum conducts comprehensive claims service. Starting from the loss notification then through the loss settlement procedure till the payment of compensation.

LEGAL SERVICES

Permanent contract with the lawyer’s office signed by VERUM is dedicated to disputes that may arise between the Insurer and our Client. Legal protection covers disputes that arise from the events occurred during the period of insurance and cause the liability of Insurer. Our Client does not bear the cost of remuneration for the conduct of the dispute except expenses connected with the dispute (e.g. legal costs, costs of expertises).

Our solicitor specializes in the insurance field and has years of experience in reputable insurance companies.

SPECIAL OFFER FOR CONSTRUCTION COMPANIES

• Analysis of insurance costs and conditions during the contract negotiations
• Insurance bonds arrangement (bid bonds, performance bonds etc.)
• Preparation of insurance complying with the requirements of the contract
• Help in gaining investor’s acceptance of policies and insurance bonds wording
• Training for site managers in terms of insurance protection and procedures of loss notification
• Claim support including:
  • loss notification assistance
  • monitoring the claim correspondence - legal services