Rating

Traditionally the cost of engaging a Claims Specialist or Loss Assessor is calculated on a one off contingency fee basis. By using Compris your client benefits from the same high level of dedicated support in return for payment of a fairly nominal premium. The premium is usually calculated as a percentage of the combined Material Damage and Business Interruption premium across the whole account or specific schemes. Premiums will be net rated allowing you to fully determine a rating structure that is appropriate to your business and generate much needed additional revenue.

Compris rates each book of business on its own merits depending on the individual Broker Portfolio.

To provide a quotation we need to understand:

Volume of business and premium
Claims frequency and severity
Any trade bias or specialist schemes making up the portfolio

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