Manufacturing - Carbon Black Products


Industry All Risks

MACHINERY BREAKDOWN LOSS OF RS. 3.10 CRORE

CLIENT'S SITUATION



Insurer admitted loss of only Rs. 52 Lakh (straight loss of claim of Rs. 58 Lakh)

We intervened and advocated for our client with the insurance company, utilizing our technical expertise and deep understanding of insurance clauses. Upon review, we identified several items that were initially overlooked by the Surveyor in their loss assessment.

We successfully persuaded the Surveyor to include these items in the calculation, leveraging our knowledge of add-on clauses and the adequacy of the insured sum. As a result, the assessment was revised and increased to Rs. 70 lakh, providing a direct benefit of Rs. 18 lakh to our client.

WHAT WE DELIVERED

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