What we are all about!
Brief Overwiew:
Parasol Risk Managers (Pty) Ltd is an authorized Financial Service provider. (FSP No. 48835) incorporated in 2017. We are licensed by the Financial Services board of South Africa to carry out Insurance Brokerage services and to give Financial Services advice. The company understands the Insurance markets in which our clients operate and offer a service built on personalized and specialized solutions. We are committed to building long-term relationships through the development of creative solutions to day to day challenges. We pride ourselves in partnering with our clients on the road to business excellence, through the provision of tailor made insurance services.
Our Purpose:
Parasol Risk Managers only has one goal: To be of great service!. This is what fuels all the deliberate actions we take to bring our customers the One Stop Shop for all their Insurance needs.
Our Vision:
To be a world class, innovative, competitive and technical Insurance Advising, Risk Management and Insurance Broking house providing total insurance solutions.
Our Mission:
To provide innovative customer oriented risk management solutions with the highest degree of professionalism
Our Values:
At Parasol Risk Managers we are driven by these core values:
- Customer Centrism
- Innovation
- Integrity
- Professionalism
- Reliability
WHAT WE DO!
UNDERWRITING MANAGEMENT:
Parasol Risk Managers offers exclusively designed Risk Management Services for small/medium/large corporate clients.
Our service bouquet includes integrated and seamless risk management, placement and claim services. We map the risk exposure for various asset port folios, people and liabilities putting in place the right risk mitigation tools, comprehensive and cost-effective insurance policies, and reliable claim services.
OUR VALUE PROPOSITION INCLUDES:
A physical onsite assessment of the client business to gain an understanding of the various risk exposures
Assessment of the business risk portfolio in line with the risks potential that the client is exposed to
Development of an appropriate comprehensive risk mitigation program to offer maximum protection for all the business assets, liabilities and people.
Reviewing of the current insurance covers to establish the scope, depth and quality of insurance coverage.
Technical analysis and evaluation of quotations from the underwriters in order to recommend to the client on most competitive risk mitigation cover available.
Following client approval, placement of the risk portfolio with the selected insurer in line with the agreed risk notes.
Re-review of insurance programs 90 days before the end of the policy period and present recommendations in line with changes in the market, risk profile, experience over the expiring policy year, and arranging renewals terms.
Assigning a dedicated relationship manager to deal with any risk management matters arising during the period of insurance.
Periodic training programs for key employees on various aspects the
policy and claim matters.
CLAIMS MANAGEMENT:
Parasol Claims management services consist of services in respect of the insured risks for compensation or restitution in respect of the business risk under question. Our team works towards making the claim administration and recovery process easier and quicker to the benefit of the client. We assist to place the insured in the same financial position as far as possible, as he occupied immediately before the loss.