Insurance, as part of a carefully designed and integrated risk management strategy, is one of the most effective ways to manage corporate risk and create a risk-free environment in which commercial activity can flourish and a company’s assets are fully protected.
An effective risk management strategy will:
A risk management strategy should also clearly identify a firm’s insurance needs and be mindful that a company can be held directly responsible for the actions of its employees, directors and officers. In an increasingly litigious world, customers are more aware of the options available to them if a company’s products or services do not match their expectations.
A carefully structured insurance portfolio that provides full protection for a firm’s assets and operational capabilities is essential. Sovereign Insurance Services has developed strong relationships with a network of leading insurers and partners around the world, which enables it to provide a comprehensive range of corporate insurance products, including:
Sovereign Insurance Services will work with clients to assess their requirements and identify the appropriate level of protection that is needed to ensure that the insurance portfolio will be effective. In the unfortunate event of a claim, all Sovereign Insurance Services clients enjoy access to a high quality claims service that will support them through every stage of the process and ensure that they achieve a satisfactory outcome in the shortest possible time.