PROFI AUTO CZ a.s. is dedicated to the authorized sale and service of IVECO and FIAT trucks. Despite the diversity and wide range of the industry and the client's focus, its insurance program has long been designed without any concept, risk analysis and optimization of insurance coverage.
The client was faced with a non-conceptual insurance program that was not subject to any risk analysis or optimization of insurance coverage, which led to inefficient claims management and increased administrative burden.
On the basis of establishing cooperation with the client, the consolidation and optimization of the insurance program was secured and prepared. The client was presented with a clear concept and setup of the new insurance program. Visits were made to the most exposed points of the insurance and during personal meetings, the vision and solution proposals, including economic optimization, were proposed and presented to the client.
Establishing cooperation with the client, introducing the PETRISK team and the proposal for cooperation, setting the terms of cooperation, including streamlining and simplifying communication channels and procedures for managing and reviewing insurance contracts.
Analysis of the insurance contracts, requirements and needs of the client, based on which a proposal for the concept and further solution of the insurance program and procedure was subsequently submitted.
During the personal meeting, the client was presented with a vision and solution proposals, including the economic optimization of the insurance program. A tender process was secured with the aim of optimising costs, but with a focus on ensuring the client's requirements and needs were met.
Ensured consolidation of the insurance program according to the tender procedure. Subsequently, a master insurance policy was drawn up with regard and emphasis on the client's business. Setting up the optimal flow of information, merging terms and conditions, sharing limits, etc. Thanks to the central insurance program, clarity, efficiency and a clear concept for the company owner were ensured.
There have been open claims that have been taken up and closed promptly, thanks to our knowledge of the procedures and issues involved in the process.
Site inspections of other subsidiaries were carried out, followed by the inclusion of these companies in the tendered insurance programme.
Setting parameters that better match the composition and riskiness of the client’s assets and fleet
Reduction of the total premium
Redesign of the insurance programme
Consolidation and update of terms and conditions
Proposals for solutions for the correct adjustment of property values and insurance risks and related consultations
Significant simplification and ensuring clarity and clear definition of insurance conditions
The cooperation with the client led to a significant improvement in their insurance program. Thanks to our expert assistance and detailed approach, we were able to not only optimize the insurance coverage, but also reduce costs and administrative burden. The client now has an insurance program that is clearly structured, transparent and better suited to its specific needs and risks. Regular information and updates ensure that the insurance program is always in line with current conditions and insurance market opportunities.
"We have been cooperating with PETRISK for more than 12 years. PETRISK has been a reliable partner for us in providing our requirements, both in property and liability insurance and in car insurance, where we are in daily contact."
