OUR PROCESS
How We Work
Risk Assessment & Risk Management
Identifying risks associated to your business & analyzing the same
Determining strategies to reduce or transfer risk
Developing risk safeguarding strategy as per requirement
Existing Insurance Coverage Review
Investigation & analysis of existing Insurance covers
Thorough inspection of Risk in your business including Risk Management systems
Mapping your existing insurance policies on the risks to be covered
Discover uncovered risks and gaps in the insurance cover
Optimize the total cost of insurance cover
Underwriting
Assess the Insurance covers required to cover the associated risks
Select the best insurers/ underwriters from the entire market
Evaluate offers from various insurers/ underwriters for perceiving the best solutions
Negotiate with the insurers/ underwriters to tailor the policy cover and to obtain best feasible rates
Risk Assessment & Risk Management
Identifying risks associated to your business & analyzing the same
Determining strategies to reduce or transfer risk
Developing risk safeguarding strategy as per requirement
Existing Insurance Coverage Review
Investigation & analysis of existing Insurance covers
Thorough inspection of Risk in your business including Risk Management systems
Mapping your existing insurance policies on the risks to be covered
Discover uncovered risks and gaps in the insurance cover
Optimize the total cost of insurance cover
Underwriting
Assess the Insurance covers required to cover the associated risks
Select the best insurers/ underwriters from the entire market
Evaluate offers from various insurers/ underwriters for perceiving the best solutions
Negotiate with the insurers/ underwriters to tailor the policy cover and to obtain best feasible rates
Risk Assessment & Risk Management
Identifying risks associated to your business & analyzing the same
Determining strategies to reduce or transfer risk
Developing risk safeguarding strategy as per requirement
Existing Insurance Coverage Review
Investigation & analysis of existing Insurance covers
Thorough inspection of Risk in your business including Risk Management systems
Mapping your existing insurance policies on the risks to be covered
Discover uncovered risks and gaps in the insurance cover
Optimize the total cost of insurance cover
Underwriting
Assess the Insurance covers required to cover the associated risks
Select the best insurers/ underwriters from the entire market
Evaluate offers from various insurers/ underwriters for perceiving the best solutions
Negotiate with the insurers/ underwriters to tailor the policy cover and to obtain best feasible rates
Premium Placement
Understanding of risks to be covered
Selecting the Insurance cover to be purchased
Discussions on amount to be insured
Selection of the Insurance Companies/ Underwriters for quotations
Evaluation of quotations received on Technical & Commercial parameters
Negotiations with the Insurance Companies/ Underwriters
Placement of Insurance business
Claims Management & Assistance
Establishing Standard Operating Policy to deal with the claims
Core focus on instant filing of claim &appraisal for swift and correctsettlement
360 degree claim services starting from claim notification to survey/ investigation to negotiations and final settlement
Activities Performed
Understanding the client business and underwriting information
Giving advice on appropriate covers and terms of insurance
Being up-to-date with all-inclusive knowledge about insurance products
Sharing insurance quotes received from various insurance companies for client’s consideration
Providing vital underwriting information as desired by insurers in analyzing the risk to determine pricing terms and conditions for covers
Providing our clients with policy copies, acknowledgements, progress reports, in a timely manner
Assisting clients in paying premium under section 64 VB of insurance act, 1938
Insurance consultancy and risk management services
Helping in the documentation and negotiation of the claims and maintaining claim documents

Importance of having MyAnmol as an Insurance Broker
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We are experts in the insurance domain, have knowledge of the market
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We serve “You”, our clients, and not the insurance company
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We are great negotiators for you with the insurance companies
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We are technically skilled to assess different insurance companies on coverages, services and costs
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We are more aware of developments in insurance sector both in national and international markets
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We comprehend survey reports better and question lapses therein
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We help in fair settlement of claims in a speedy manner
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We are here to stay. You would always receive complete service from us
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We normally have higher bargaining power with insurance companies – helps to achieve significant Cost Savings for clients
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We pride at getting preferable dealseven in difficult markets
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We can help design exclusive insurance programs (like policy limits, reducing deductibles, optimizing coverage terms etc)
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We help you get the best service from your insurance company–transferring from existing insurer isn’t mandatory
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We provide you comparisons between different insurers to help select the best product suited to your needs
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We also render services like Audit (of coverages, policies), enhancement in coverage, handling of claims, day-to-day policy administration, etc
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Outsourcing Insurance work to MyAnmol frees up time & space for your employees and makes your team available for more productive activities, thereby enhancing your profitability