Hiring of an Insurance Broker conforms to best practice by any patron of Insurance services as value, integrity and reassurance on the Insurance transaction are further reinforced by the professional intermediation of the Insurance Broker.
Specifically, you will benefit the following when we come on stream as
your Insurance Broker:-
- Interface between you and the Insurers such that we can ensure that your interests are being served all the time.
- Ensure that premium paid by you is very competitive and that you enjoy the widest arid best cover at optimum rates.
- Ensure that Policy extensions are secured from insurers in order to get a wider spectrum of insurance coverage.
- Periodically review and assess the types of risks you face as well as advice and intimate you with appropriate solutions that will mitigate such risks.
- Constantly (mostly Quarterly) avail you with a Status Report on your Insurance programme and point out areas that can be improved upon especially in instances that require Cover increase.
- Help negotiate Discounts such as No Claim Discounts (NCDs) and Long Term Agreement discounts (LTAs) which clients are entitled to u on attaining specific transaction thresholds.
- Help ensure Quality Assurance on service offered by Insurers since we operate in the same industry and are regulated by the same Government Regulator, the National Insurance Commission (NAICOM).
- Help break down the language of Insurance and simplify the conduct of business by an Insurer.
- As accredited Insurance brokers guided by the law of Agency, we are professionally competent to handle or manage all matters relating to Insurance services.
- We owe our clients the duty of care to ensure that all their insurances are economically arranged and placed with viable and reputable Underwriters locally and internationally.
- We also have responsibility to undertake comprehensive survey of your various insurance risks in order to ascertain that your risks are adequately covered so that: The Insurance Underwriters charge reasonable and economic Premium and We are enabled to make recommendations for Risks improvements.
- We process Claims to a logical and acceptable conclusion within the shortest possible time, in other words, we make your settlement cheque two weeks after the execution of the Claim Discharge Voucher
- We also keep records of our client’s Claims experience in other to make recommendation and suggestions on how to improve on the past claims experience for the succeeding years so as to obtain more favorable terms at renewal
- Our clients are constantly updated of any development or legislation as it affects the insurance industry.
- We organize training, seminars and workshop to increase the capacity of our clients especially officers who are charged with duties on the Insurance desk:
We have a Professional duty to act in your best interest and to provide sound, practical advice which is independent of any Insurance
company’s influence. We shall prove ourselves to be most valuable in the event of a Claim and shall do everything to ensure that your Agency/Organization is not shortchanged as a result of lack of sufficient knowledge or absence of expert advice.
We are confident that with our wealth of experience backed by our flexibility of approach to insurance matters, your decision to appoint REWARDS INSURANCE BROKERS LIMITED as your brokers shall be of immense benefit to your establishment in the same way as other establishment that have engaged our services before now.
