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Archive for the ‘Value At Risk’ Category
In the current Economic Climate, a major loss can end a company, particularly if the company is not accurately insured.
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On the Grapevine with Benen Tierney
In: Claims Settlement|Featured|General Insurance|Value At Risk
16 Nov 2010Sean Cleary was interview recently by The Grapevine with Benen Tierney on Castlebar Community Radio. This interview is a great introduction to Loss Assessing and what it entails. To listen to the interview just click on the link below. We welcome your comments. Click here to listen to the interview
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- Tags: claims, Commercial Insurance, General Insurance, loss adjuster, loss assessor, Value at Risk
A Lesson To Learn, Now.
In: Claims Settlement|Commercial Insurance|General Insurance|Value At Risk
26 Mar 2010As a result of the November floods last year, Grassland Fertilizers suffered losses of up to €1.3 million when up to 70% of the stock stored at its Cork facility was destroyed. A claim was processed and the underwriters failed to pay because there was no cover in place for flood, burst pipes, tempest and/or [...]
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The Devil is in the Detail
In: Claims Settlement|Commercial Insurance|Fire and Flood|General Insurance|Protect Your Home|Value At Risk
19 Nov 2009Insurance companies, like any other business, are there to maximise profits, it is their duty to their shareholders to do so. In the event of a claim, insurance companies try to minimise the amount that they pay out through the strict enforcement of policy terms and conditions. Insurers use little known devices such as the ‘rule of average’.
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Why use an independent loss assessor?
In: Claims Settlement|Commercial Insurance|Fire and Flood|General Insurance|Value At Risk
24 Aug 2009All insurance policies require that the insurance company be notified of the claim within a very short period of time following the event giving rise to a claim, 7 days or less usually. The lack of consumer protection in this area however, creates the position that these deadlines are one-sided only.
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The Irish economy is currently undergoing fundamental change in the wake of the recent financial crisis. Every business owner or manager must now take time to critically examine their position and prepare for a return to economic growth in the next 12 to 18 months. It is time to steady the ship. All areas must [...]
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- Tags: Commercial Insurance, General Insurance, Irish Hardware Assoc, Value at Risk
About this blog
This blog has been established to give you free and practical advice on insurance, what to do in the event of a claim and how to prevent it in the first place. Every week you will find a new and insightful post on topics ranging from preventing burglary in your home to ensuring your business has adequate cover. With over 25 years experience of dealing with disasters and disaster management, Sean will give you the benefit of his experience so that you can avoid common insurance pitfalls.
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- On the Grapevine with Benen Tierney
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