

<ul class="style-list-one">
	<li><strong>Renewal of Existing Insurance Program and Placement of New Insurance policies</strong></li>
</ul>

<p>
Comprehensive and professional analysis of the existing insurance policies with regards to the wordings, endorsements, schedules, special terms and conditions and adequacy of sums insured and to ensure that these are in line with international standards and practices, the analysis will include the following policies:
<img alt="" src="http://demo.softunique.net/websites/bib/userfiles/files/services.jpg" style="width:380px; float:right; padding-top:20px;" />
</p>

<ul class="margin-l20">
	<li>Property All Risks &amp; Consequential Loss Insurance Policies</li>
	<li>Public Liability Insurance policy</li>
	<li>Money Insurance Policy</li>
	<li>Fidelity Guarantee Insurance Policy</li>
	<li>Workmen's Compensation and Employer's Liability Insurance Policy</li>
	<li>Motor Insurance Policy</li>
	<li>Medical Insurance Policy</li>
	<li>Mortgage Impairment (Mortgage Errors &amp;Omissions)</li>
	<li>Banker&rsquo;s REO Coverage</li>
	<li>Banker&rsquo;s Blanket Bond</li>
	<li>Banker&rsquo;s D&amp;O Liability Coverage including Entity Coverage</li>
	<li>Other Insurance policies</li>
</ul>

<p>
In Respect of Medical Insurance Policy (Emirate of Abu Dhabi) and as per the doctrine of the law No. 23 for the Year 2005, our service will be concentrated on:
</p>

<ul class="margin-l20">
	<li>Advising of all information required by &quot;the insurance companies&quot; for their insurance Renewal quotations in respect of:</li>
</ul>
<br/>
<ul class="margin-l30">
	<li>The format of the List of Employees to be submitted</li>
	<li>The particulars of insurance coverage under Basic Scheme: Abu Dhabi &ndash; In/Out Patient applicable to the Company's Labors of total cash salary package of AED. 5,000/- or AED. 4,000/- plus accommodation</li>
	<li>The particulars of insurance coverage under Enhanced Scheme: In/Out Patient applicable to the Company's Staff of total cash salary package of above AED. 5,000/- or AED. 4,000/- plus accommodation and give alternative categorization of the staff benefits under schemes ranging from Local to International with different benefit limits.
	<ul>
		<li>Ensure the accuracy of the information in the application form and list of employees by the Company and cross-check such information for amendment if necessary in coordination with the client</li>
		<li>Approaching &quot;the insurance companies&quot; for their quotations for Basic and enhanced Covers providing them with all necessary underwriting information. Upon receipt of "the insurance companies' quotations", we shall immediately convey its contents along with clarification and recommendation to the client for their approval to go ahead with obtaining the insurance policy.</li>
	</ul>
	</li>

	<li> We shall immediately and after having the client approval to issue the policy and also having the photographs imaged, approach &quot;the successful insurance company&quot; to issue the insurance policy and the insurance Cards.</li>
	<li>We shall be responsible for following up the matter of issuing the insurance policy as soon as possible and to ensure that all documentation is accurate and to be safely handed over to the client</li>
   <li>In the event of any additions or deletions of members (and after have been informed about it by the client on the format agreed upon) in the insurance policy, we shall intimate it immediately to &quot;insurance company&quot; for amendment.</li>
</ul>
<br/>
<ul class="style-list-one">
	<li><strong>Contract Review</strong></li>
</ul>
<p>
Review of insurance provision in various contracts to be entered in to by the client including review and comment on all parties&rsquo; rights and obligations in relation to insurance, considering commercial aspects of the transaction, the agreed risk allocation between the parties, appropriate levels of indemnity and UAE insurance legislation and regulations.</p>
<p>
For each contract we would propose drafting on insurance related clauses and to review policies taken out by M/s the client counterparties in line with the international practice in this respect and to ensure compliance with contractual obligations.</p>
<p>
The type of contracts in question include, but are not necessarily limited to, construction contracts, facility management contracts, professional services agreements, concession agreements, lease agreements and minor works contracts.</p>
<ul class="style-list-one">
	<li><strong>Annual Insurance Review</strong></li>
</ul>
<p>
Review the client assets and activities on an annual basis and identify any gaps in relation to existing insurance coverage (for example, non-existing insurance policies and/or inadequate provisions in current policies and contracts).</p>
<p>To perform the review, the undertaking of documentation reviews, interviews with staff (and possibly other stakeholders) and inspections of relevant locations across the Emirate of Abu Dhabi will be required.</p>
<p>The review will be concluded in a report submitted to the client which identifies the gaps, recommends remedial action and provides estimates for budgeting purposes of the premium costs. Un-insurable risks shall be identified with recommendations for mitigation. The report should also<br />

Highlight relevant main trends and developments in the insurance industry that are of relevance to the client</p>
&nbsp;
<ul class="style-list-one">
	<li><strong>Claims Management </strong></li>
</ul>
<p>
Preparing Claim files including all documentary information to be submitted to the insurance companies and entering into joint negotiation for claim's settlement and coordinating with the client for the collection of claims funds from insurance companies.</p>
<br/>

<h1>General Methodology - Action/Services </h1>

<ul class="style-list-one">
	<li><strong>Renewal of Existing Insurance Program</strong></li>
</ul>
<p>
We will be following the renewal tendering process where we bear the full burden of preparing all necessary and relating documents formatted in a very professional manner to be tendered in the market for quotations. This process will be in full cooperation with the client concerned staff represented by the Financial Manager and Operation Manger or any other staff in relevant field of operation and experience by holding 3-5 extensive meetings tackling all relating issues with the intention of having the permission of the client to go ahead with the information repaired . We will be taking the following steps in this regard:</p>

<ul class="margin-l20" style="list-style-type:circle">
	<li>Tendering the insurance requirements to at least five insurance companies giving specific deadlines for them:</li>
	<li>Analyzing their replies in a very comprehensive manner and also stating our comments and recommendations for your consideration and approval&nbsp;&nbsp;</li>
	<li>Following up issuance of policies with the recommended company and ensuring full compliance with tender documents and quotations.</li>
</ul>
<br/>
<ul class="style-list-one">
	<li><strong>Annual Insurance Review</strong></li>
</ul>

<p>

<u>Special Methodology on Risk Management to be implemented for Annual Insurance Review: </u><br />
As your are aware of the importance of risk management in eliminating the hazardous factor surrounding the Branches and its major role in keeping these Branches working properly and effectively in respect of fire fighting &amp; safety measures, this also will have a positive impact on the terms and conditions of the insurance coverage, and could substantially enhance these terms to your benefit, our service in risk management includes:</p>
<ul class="margin-l20" style="list-style-type:circle">
	<li>Carrying on professional physical survey to all Branches to:</li>
</ul>

<ul class="margin-l30">
	<li>Identifying risk</li>
	<li>Analyzing risk</li>
	<li>Controlling Risk in terms of Physical risk Control, Pre-loss risk reduction and &nbsp;&nbsp;&nbsp;&nbsp;Post-loss risk control.</li>
</ul>

<ul class="margin-l20" style="list-style-type:circle">
	<li>Putting recommendations for further enhancements for positive factors, and to enhance the negative factors. The main doctrine behind this process is to make the risks insurable at optimal terms and conditions and to also watch the good maintenance and status of the Branches.&nbsp;&nbsp;</li>
	<li>Following up with the company the implementation of recommendation to ensure that all pre-loss and post-loss measures</li>
</ul>
&nbsp;

<ul class="style-list-one">
	<li><strong>CONFIDENTIALITY AND SAFEGUARDING OF INERESTS</strong></li>
</ul>
<p>
We confirm maintaining all information provided by the Company to us relating to the Company's business and operation as strictly confidential and shall not disclose the information to third party(s), except as required for the performance of the our obligations as your consultants, without the Company's prior written consent.</p>
&nbsp;