Get the right insurance product
designed specifically for your needs.
Our wide range of experience and our in-depth industry expertise allow us to craft programs that meet your specific needs.
Designing an Insurance Program
We work in close collaboration with our clients to design a custom insurance program in established areas and underserved niches. We evaluate and analyse the risks involved in insuring your company's employees and assets and financial risks. It helps to establish the risk involved, insurance products required, pricing for accepted insurable risks. Underwriting by definition means receiving compensation for the willingness to pay upfront for a potential threat. Our emphasis is on specifying required coverage that will protect the business, unlike most brokers who tend to focus on insurers. We at Prishapolicy pay close attention to create the most comprehensive Insurance program to safeguard all your needs.
Underwriting is the process through which an individual or institution takes on financial risk for a fee. Insurance underwriters assume the risk involved in a contract with an individual or entity. For example, underwriters may take the risk of the cost of fire at a factory in return for a premium. It is vital to evaluate the risk before the policy period and at the time of renewal to ensure correct risk underwriting and adequate premium amounts. We take that a step further, working with you to create and define loss prevention strategies and optimise the underwriting process.
Steps involved in Risk Inspections
Better understanding of offerings
Steps involved in Designing an Insurance Policy
While insurance is a key risk management tool that supports any business to be financed and built, there is no “one-size-fits-all” insurance structure that can be applied to all business. There are important steps that should be taken for designing an insurance program for any business, which will help determine the “best fit” insurance program. While these steps are most often applied to large complex businesses, following the general procedures can be very helpful in designing cost effective insurance program for business of all sizes.
Risk Analysis and Assessment
Risk Allocation and Ownership
Insurance Program Design, Feasibility and Budgeting
Policy Formation and Procurement
Why Choose PrishaPolicy
5 Reasons why you should choose us to be your policy issuing partner of choice. Allow us to tell you why we are one of the fastest growing insurance brokers.
For us, you always come first. Our products and services are designed to find the best coverage for all.
A Decade of Market Leadership
Our teams expertise and experience makes them the perfect guides in choosing a policy that fits your needs.
Reliable and Consistent
Rest assured that everything will be taken care of without a glitch. From shortlisting to claims processing & delivering promises without a hitch.
Guided Policy Assistance
Our experts are forever ready to assist you through each policy detail with a fine-tooth comb.
Our DNA prompts - Sales is incomplete without timely support. From start to end, we facilitate smooth processing from lodging to settlement.