Tendering business insurance
It is smart to tender your organisations insurance policies from time to time so that your your insurance remains at market price. In most cases, the tendering is postponed because the company is not sure whether it is the right time to tender. Tendering insurance can also be a laborious and difficult project. We'd love to offer our help in your tendering projects.
Work with our insurance broker to avoid over or underinsurance
An insurance broker is constantly monitoring the insurance market, so they have a good sense of the price range of business insurance. Most insurance brokers have also worked for one or more insurance companies, so they have practical experience about how the companies operate.
The insurance broker will use their expertise to identify different ways to optimise and improve insurance coverage. For example, a number of the companies we have analysed are either over or underinsured, have overlapping coverage, excessively large or small personal liabilities, and so on. At worst, this can lead to hundreds of thousands of euros worth of unidentified risks.
We will first carefully review all your company's insurance policies and the company’s history of claims. Based on the analysis, we will tell you whether the tendering of insurance policies makes sense and what outcome you can expect. We will handle the tendering from start to finish, from the preparatory work to the insurance’s enforcement, so you can focus on other things.
Requesting insurance quotations
Review of insurance offers
Summary and recommendations
Tendering business insurance is worthwhile
What happens after tendering?
After a successful call for tenders, you can continue to work with us to manage your insurance matters on an ongoing basis. This is usually arranged while reviewing the tender results.
With us managing your company's insurance coverage, your insurance coverage will stay up to date and at market price. We will take care of day-to-day business, such as checking insurance-related mail and invoices, making the necessary changes, and updating your insurance coverage.
We will also assist your company in matters related to claims according to our contract. In addition to continuous communication, we will hold a separate annual meeting where we will go through all the annual needs for changes in insurance coverage.