Insurers, Cedants and MGAs
Winning product offerings, new technology
Competitive offerings delivering value
Elmore recognises that turnaround time, strategic approach, aligned products and long terms partnerships are the success of strong Broker relationships. Elmore focuses on understanding the cusotmers customer profile in order to deliver relevant and cost effective products to ensure secures.
Innovating and always learning. Elmore pioneer new coverage principles and areas of protection for Insurers, Cedants and MGAs to offer their customers. A recent example of this was structuring the first Cyber Reinsurance Treaty in the GCC.
New Insurance Technology
Increasingly, emerging technologies are underpinning the improved interactions between insurers and their customers. Elmore strives to not only strengthen the basis in which the traditional insurance transaction is undertaken but also empowering the bottom line to deliver better returns.
The key areas for every insurance company to be focusing their efforts over the next 10 years which are also having a major impact on every industry are artificial intelligence, blockchain, digitisation, personalisation and data, as well as hiring and retaining technically skilled talent.
Value added Services
In addition to providing timely and high-quality placement and claims management, our team offers advisory services (Review & Improve) to our business partners. Periodic reviews of our clients provide valuable feedback including independent analyses, perspectives on mutual philosophies, recommendations on third-party consultants and lawyers and suggestions to improve processes.
The team offers tailored claims and legal research and provides operational improvement reviews resulting in observations and recommendations on their organizational resilience, staffing, processes and technology.
Notification and claims handling can be made in the country where the claim event occurred. While maintaining close contact with the mast programme country in close partnership with the Elmore Head Office representative. Settlements can be paid directly to the local company where the loss takes place, and claims can be paid to the local subsidiary and in local currency alleviating any exchange rate losses.
Elmore experienced claims team is committed to meeting the highest standards of service and operational excellence. Seasoned professionals are aligned with each specialty product line and geography and consistently employ best practice standards. As needed, Elmore partner with specialised claims consultants to ensure that no matter how complex an Insurers claims may be, the proper technical expertise is employed to analyse and resolve the loss.
Keeping your data secure
We take cyber security seriously and are one of the few in the insurance industry to certify with Cyber Essentials. Implementation of Cyber Essentials controls can significantly reduce the risk of prevalent but unskilled cyberattack.