Setting up an insurance program acceptable to importers and trading partners
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Case study
  • Case study
  • Domanský s.r.o.

Setting up an insurance program acceptable to importers and trading partners

The client is one of the most important automotive dealers on the Czech automotive market and with regard to the representation of various brands, he needed to ensure insurance protection that can effectively and comprehensively cover the activities carried out. At the same time, it was necessary to provide insurance protection at all locations where the client carries out its business activities.

Description of the situation and introduction of the client

The client was faced with the need to secure its diverse automotive operations with quality insurance protection. They required a solution that was simple, administratively simple and capable of covering a wide range of activities, including those outside the automotive sector.

Solution

In our search for a quality insurance solution, we have selected insurers who can cover all the necessary areas. We have set up the insurance program so that:

  • Covered the most exposed risks in the industry
  • Eliminated payments for unrealistic risks
  • It was acceptable to brand importers and business partners

The course of cooperation

  • leden 2021

    Establishing cooperation

    Establishing cooperation with the client, introducing the PETRISK team and the proposal for cooperation, setting the terms and conditions of cooperation, including streamlining and simplifying communication channels and contract management and review procedures.

  • únor 2021

    Analysis of insurance contracts

    Analysis of contracts and client needs, drafting of the concept and adjustments to the existing insurance program, including further follow-up.

  • únor 2021

    Proposed solutions and optimisation of the insurance programme

    Proposed solutions including economic optimization of the insurance program are presented. Discussion of current opportunities provided by the insurance market.

  • březen 2021

    Insurance programme consolidation

    Consolidation of the insurance programme with regard to business development. Negotiation of the required insurance terms and conditions with individual insurers, taking into account the greatest risks involved. Updating insurance locations and simplifying the administration of the insurance programme.

  • březen 2024

    Adjustments to individual areas of insurance

    Following the expansion of the business activity within the individual brands, adjustments were made to the individual insurance areas to ensure that the insurance administration remains clear and easy to grasp for the client.

Results

  • Comprehensive insurance coverage for all business activities

  • Reducing the administrative burden with a simple insurance programme

  • Insurance program acceptable for importers and trading partners

  • Overview of the claims process and damage prevention options

Conclusion

Thanks to our expert assistance, the client was able to secure effective and comprehensive insurance protection that covers all his business activities and reduces the administrative burden. Our flexible solution, which is updated according to the client’s needs and market developments, guarantees maximum efficiency and security for his business.

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Peter Čakan

We have been helping the company Hoffmann a Žižák spol. s.r.o., which is an authorized dealer of Mercedes cars, for more than 12 years.


"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."

  • Peter Čakan
  • Managing Director