Consultancy
APEX offers concentrated consultation solutions, provided alongside a summary of insurance consulting and technical advice. With a comprehensive study from the company's specialty staff, clients are given access to the best advice with sustainable results.
Services include:
APEX handles the development of required insurance terms; by evaluating offers and negotiating with insurance companies on the client's behalf. The team evaluates and audits new constructed insurance policies to ensure coverage, and protection requirements. The team also handles, and advises clients on tender preparation and documentation in accordance to specific insurance guidelines.
Existing Insurance Policies
APEX evaluates current insurance programs by reporting and advising clients on maximum risk protection and coverage, while suggesting amendments and improvements. The team also studies and audits offers received by insurance companies for renewals to ensure they meet clients coverage requirements, after which the team advises, consults and negotiates with insurance, brokerage and reinsurance suppliers.
Risk Management
APEX has a deep-rooted understanding of identifying and analyzing risk factors that could affect client investments. The team develops an internal risk management solution that considers risks and damages from operations, contracts, and commercial risks from third parties; the team establishes a risk transfer and minimization structure while developing an insurance solution for such risks.
Establishing Internal Risk Control
APEX implements an immaculate internal and external methodology of reporting and risk control. In coordination with your technical departments, the team develops strategic synergy between all involved departments, ensuring a clear channel of communication to monitor and address risk information and control solutions.
Claims Management Services
APEX provides assistance services by establishing and negotiating claim files, technical support, and claims preparations for all relevant correspondences.
APEX has a vital role in globalizing and uniform, where insurance terms and providers are parallel to subsidiary and affiliate companies on an international level; this in turn enhances coverage and policies, which eases monitoring of insurance programs.
Insurance Cost Reduction and Control
APEX excels in finding the best and strongest cost efficient solutions for clients. The team evaluates current services, and negotiates the clients behalf, while exploring options of cost spreading to other parties.
Corporate Responsibilities and Liabilities
APEX structures insurance requirements that are necessary for clients, reducing risks and liabilities that may arise from operations. The team evaluates and consults clients on matters regarding operational contracts with third parties, while also providing consultation on financial liability operations.
Construction and Erection Work Risks
APEX develops crucial insurance requirements for constructional and erection projects for plants and expansions; the team specializes in Risk Transfer Mechanism after consultation, the team structures and develops specific insurance plans for client's coverage and protection based on the project at hand.
Employee Benefit Advice
APEX evaluates and audits current employee protection strategies, after which clients are advised on amendments and potential additional services, while recommending solutions to minimize medical claims and abuse.
