oday, enterprises operate in dynamic environments and under take initiatives that make managing compliance and insurance programs across multiple vendor ecosystems that are challenging. Due to constant changes & unclear regulatory controls, it is more important than ever for businesses to reduce costs, improve efficiency and protect a gainst uncertainties.
However, most of the organizations find it difficult to understand what is required to stay compliant to regulatory norms and also the impact of these regulations on the overall risk posture of their business functions.“A good risk management strategy is necessary for success and the need is to be agile to address business uncertainty,” says Subin Thomas, Director of Am-ExInsurance Brokers.
Head quartered in Cochin, Am-Ex Insurance Brokers is an organization that supports its clients with devising industry specific programmes to manage the risks and compliance requirements. The firm is an insurance intermediary licensed by Insurance Regulatory and Development Authority (India) specializing in corporate risk management. The firm offers unbiased services in Risk Assessment & Management, Claim Consulting & Management, Employee Benefits Services, Gap Analysis & Risk Consulting and Pricing Negotiations.
While working directly with the clients,the firm strives to develop strategic partnerships with them
and brings in tailored services. According to Subin, Am-Ex’s service goes far beyond placing insurance policies and assures client's stability, profitability and growth. The firm examines the clients business and assess the risks associated with and suggest cost effective risk management measures.
When it comes to offering property insurance services, the company brings in a defined process and approach to minimize the level of disputes and confusions at time of a claim. “Our dedicated employee benefits team operates on a value enhanced service delivery model. We have well defined process flows and work procedures to achieve the minimum turn-around time for service requirements including claim settlement,” he further adds.
Am-Ex Insurance Brokers manage risk strategically, with bespoke solutions designed to meet not only risk management objectives, but also overall business goals.
Having been in the industry since 2009, Am-Ex aids a cluster of industries to mitigate risks.Today, the firm delivers industry specific solutions which are imparted through their shared expertise to a series of sectors which includes; manufacturing, engineering & infrastructure, IT & IT enabled services, retail, hospitality, healthcare, exporters, logistics, food processing & distribution, etc. “With clients ranging from manufacturing to software solutions our wide networked corporate team prides it self on providing a distinctive, thorough and highly attentive service to them,” Subin expounds.
Am-Ex Insurance Brokers manage risk strategically, with be spoke solutions designed to meet not only risk management objectives, but also overall business goals. The firm helps companies change their risk profiles so they can improve resiliency, reduce claims and minimize costs.Today,the firm prides it self in dealing with strategic uncertainty and managing unanticipated risks as effectively as possible as their hallmark. “We believe in providing the right services to meet our client’s real needs. We review the risks against existing insurance covers and the disclosures made to under writers while taking this covers. Often, this requires a detailed and thorough analysis to determine the needs, issues, problems or concerns that matter to a client's organizational success,” Subin explains.
Am-Ex Insurance Brokers is working to be the preferred Insurance Broker in India in terms of service quality, technical support, customer loyalty and business volume. The company currently operates in three markets in southern India and further plans to expand to all metros in next three years.