Insurance …… Simplifying IT

Dar AlTafakr Insurance Consultants

Risk Assessment

Policies Review

Bids Preparation & Review

Market Negotiations

Claims Review & Support

Tailored Training

A New Way To Think

About Insurance

Consultancy

Insurance …… Simplifying IT

REVIEW OF RISK PROFILE

REVIEW OF POLICY WORDINGS

REVIEW OF INSURANCE VALUES

ARRANGE THE BIDDING DOCUMENTS

REVIEW OF THE BIDDING

BIDDERS NEGOTIATIONS

RISK & POLICY MONITORING

FOLLOW UP ON RECOMMENDA-

TIONS

MARKET UPDATE

REGULATIONS UPDATE

INSURANCE SUPPORT SOLUTIONS

Experience at work for you PROTECTING YOUR BUSINESS WITH THE EXPERIENCE AND KNOWLEDGE THAT YOU NEED

INSURANCE CONSULTING PROVIDES A TOTAL END TO END

SOLUTION EXPERIENCE BASED SOLUTIONS

Serving local and national businesses with custom-ized insurance, risk management and consulting services . . . We will customize our services according to your specific industry and company. At Dar AlTafakr we aim to simplify insurance for those who are in need of an expert to Provide insurance solutions Give expert advise Provide difficult or rejected claims assistance Provide the necessary training to staff and engi-

neers It starts with Risk Assessment where we visit the risk and obtain the necessary Risk Profile to allow us understand how the insurance program is ar-ranged and cater for the insurable risks. We review the risks that are retained by the client such as the deductibles, and the uninsured risks, and we finish with recommendations to allow the client assess the best position by balancing between what is insura-ble, retained and uninsurable. This process is vital, as it will eliminate over insurance / under insurance, maximize the full potential of insurance with the correct insurance values, and to have a clearer un-derstanding of the retained risks.

With Dar AlTafakr as your full-service insurance

consulting partner, we will proactively work with

you to ensure that your company is properly in-

sured and not overpaying for coverage and ser-

vices.

Your company can gain a strategic advantage from

partnering with Dar AlTafakr as we have a proven

service and support record, and remain strong and

dedicated to our commitment of consistently provid-

ing the highest level of industry expertise and quali-

ty services to our clients. By working with us, you

can also help minimize the insurance-related work-

load on your management and administrative team.

Dar AlTafakr Insurance Consultants

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CUSTOM SOLUTIONS

The insurance market is sub-

ject to fluctuations that can be

a result of major claims and

competition which reflect on

underwriting results and oper-

ating expenses and commis-

sions that affects profitability

which eventually contribute to

the overall performance of the

insurance company.

RISK SOLUTIONS

Whilst insurance provides fi-

nancial protection, the real

protection is in the physical

precaution the client has taken to

protect the risk. In addition, the new

Sama regulations have imposed very

strict Property Underwriting Guide-

lines for insurers to follow. This is an

additional concern for clients to man-

age.

SIMPLE SOLUTIONS

There are answers to most of the ob-

stacles that clients are facing today.

With proper risk assessment, and the

right approach, answers can be found

to mitigate the risk, provide alterna-

tive scenarios, and additional op-

tions, thus allowing the client to

make the right choice at the right

price.

Insurance ….. Simplifying IT

SKILFUL NEGOTIATIONS

Clients, to navigate the maze of insur-

ance, require specialist skills and ex-

perience to negotiate a better Insur-

ance terms, and claims settlements.

Insurance is not an exact science, therefore, a

balance must be achieved between what is re-

tained and what is insured

Dar AlTafakr Insurance Consultants

TAILORED INSURANCE TRAINING

Specific training to key personnel on the cur-

rent insurance policies to enhance the un-

derstanding of not just the coverage, but the

exclusions, the subjectivities and the warran-

ties that are imposed by insurers and how to

avoid common mistakes

Insurance ….. Simplifying IT

RISK MANAGEMENT AND

BUSINESS CONTINUITY

Whilst insurance is one of a number of risk

mitigation tools, the purpose is to ensure

that the business is not financially burdened

to rebuild it, but continues following an in-

surable loss. Managing the Risk is an im-

portant feature of any business.

CLAIMS REVIEW AND ASSITANCE

Not every claim goes smoothly. Complica-

tions set in that result in either the delay,

partial settlement or rejection of the claim.

Why settle for less, when you have the

right for the full amount?

A number of factors can affect the claim

settlement. To name a few:

Inadequacy of the Sums Insured

Non-declaration or updating Risk infor-

mation

No or Improper protection of risk

Lack of proper licenses and certificates

Breaches of warranties and subjectivi-

ties

Dar AlTafakr Insurance Consultants

Dar AlTafakr Insurance Consultants P.O. Box 92203

Riyadh 11653 Kingdom of Saudi Arabia

Tel: + 11 456 7238

Fax: + 11 456 2706

Insurance ….. Simplifying IT

WWW.dar-con.com

Info@dar-con.com

It is time to consider the alternatives and

view the available options because busi-

ness is dynamic and no two businesses

are the same.

For Further Details Please Contact

Nabil Kokash

+966 55000 5082