What is covered under a Materials Damage All Risks Policy?
We at VANTEVO routinely have meetings with leading Brokers, during which some of them tell us – half joking, half serious – that the Material Damage All Risks Policy, in ...
The role of the Policyholder’s Risk, Insurance and Loss Assessor
Increasingly in cases of major claims, the Insureds – invariably at the indication of their Lawyers or Brokers – contract a Loss Assessor to help them to prepare and defend ...
The Usefulness of an Incident Action Protocol in the event of a loss
A major loss event occurring in an industrial risk generates an emergency situation that requires emergency solutions. With this type of company, the Consequential Losses arising out of the interruption ...
Why should Insureds contract a risk survey?
As the saying goes “better safe than sorry”, yet all too frequently we have encountered, on the occasion of visits motivated by claims, companies whose layouts and risk prevention and ...
Underinsurance must be avoided through a prior valuation of the assets to be insured
Unless your policy is on a first risk basis or it has been agreed with Insurers to waive the Average Clause, we believe it is important to draw up a ...
The importance of an adequate MIP and Deductible in Consequential Loss Policies
Usually in this type of Policy, no mention is made of underinsurance, since with the “Automatic Increase” Clause, which tends to be set at between 20-40%, this is avoided in ...
Business Interruption: a “tailor-made” policy.
Whilst, in general, it is important that any policy is adapted to the characteristics of the risk to be insured, this is fundamental in the field of consequential losses that ...
The book “Sinistros de Property: Danos Materiais e Lucros Cessantes”
The brazilian version of the book “Sinistros de Property: Danos Materiais e Lucros Cessantes” is making people talk in the insurance sector and brokerage. Just launched by “Enter Books” publishing ...
The importance of avoiding underinsurance through a prior valuation of the assets to be insured.
Unless our policy is at first risk or we have negotiated with the Insurer the repeal of the proportional rule, we understand that it is important to carry out a ...
The role of the Insured´s Adjuster (Public Adjuster).
Increasingly in claims, Insured by indication, most of the time, of their Brokers hire an Adjuster to help them prepare and defend their claim against Insurers. This has obvious advantages ...