ARRANGEMENT OF INSURANCE / REINSURANCE FOR CORPORATIONS
Services for Company like these:
Company which hopes to reduce their earthquake insurance premium it currently holds
Company which hopes to have an earthquake insurance but has not been able to enter a contract for the reason of a high risk
Company which hopes to set extension warranty, etc. on its own products or services to use insurance as a marketing tool.
Company that wishes to protect itself from unseen event of a cyber attack and/or its compensation from the event.
Company which hopes to cover its own specific risks for which insurers cannot underwrite insurances with ones for ordinary corporations with another specific insurance
Overview of the service
We will first organise a meet with the customer who hopes to newly enter an insurance, reconsider existing insurances or know whether there is an insurance for a specific risk, then to make an assessment on whether your company is appropriately implementing risk management.。
As there are also cases when insurance is not needed but in-house possession suffices for the potential risks, we will provide risk management comprehensively for you.
Analysing the contents of existing contracts
Evaluating your company’s system of risk management
Analysing the pure / speculative risks your company holds
Selecting insurance products out of a wide range of products, both domestic and international
Proposing risk diversification / transfer utilizing insurance / reinsurance
Acting supports related to contracts and settlement with overseas reinsurance companies
Examples of insurance products we handle
Business risk insurance in general for companies:
we provide insurance products with coverage for specific risks, such as assets a company owns, construction work, idle time, compensation of damages, or industrial accident compensation.
Cyber insurance / IT liability insurance:
we provide insurance products with coverage for specific IT related risks to companies such as damages caused by cyber-attacks to company’s investigation expenditures, compensation of damages, missed profits, or business suspension risk.
we provide insurances that pay insurance benefit for damages incurred through uncollectible accounts receivables in the case of bankruptcy of your customer, etc.
D&O insurance (directors and officers liability insurance):
we provided insurances that cover the economic loss in a case the liability for compensation of damages for corporate directors / officers is incurred.
Other customized insurances:
it is possible to design the insurance most appropriate to your company’s specific risks from scratch, sourced from domestic / overseas insurance companies.
Case for earthquake insurance
Client A: A Manufacturing company
It has been able to reduce its yearly insurance premium by more than 10 million yen with the same terms by reconsidering compensation and underwriting terms for its existing earthquake insurance and thoroughly comparing the terms of multiple reinsurance companies.
Case for cyber insurance
Client B: An IT company
It was looking for a coverage specialized in IT issues as its IT-related operational risk increased for the range of its customers and services was expanding.
While it was hard to customize the compensation of domestic insurances with many of unneeded parts, it has been able to arrange an insurance package appropriate for its specific risks through considering American products.
Case for extension warranty
Client C: A loan company
It has greatly enhanced the sales force for its own services by having developed a product that will assume the extension warranty for a certain period after the maker’s guarantee is ended for the owners who have purchased automobiles through its own services.
For those companies please contact us
Companies wishing to reevaluate their current insurnace package to potentially reduce their premiums.
Companies who believe that earthquake cover is highly risky.
Companies who wish to use insurnace as a merketing tool or as a business selling point.
Companies who believe it is possible to reduce risk by insurnace and for compensation and cyber risk in IT businesses.
Companies who think that they can cover "special" risks that can not be accpted under normal conditions.