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Compris Claims Advantage – a new product for intermediaries to offer to their clients

Mar 7, 2007

On 2 November 2006 harris claims group and Composite Legal expenses launched Compris Claims Advantage – an insurance cover providing a client-focused specialist claims support service for significant or complex claims.

Often businesses need to appoint specialists in their day-to-day working, but even more so when a serious interruption occurs to their business – an insurance claim.

John Mullin, Composite’s Managing Director, comments:
“I don’t think anyone would disagree that everything in business has increased in complexity over recent years. Compris Claims Advantage meets an expressed market demand with an insured solution that provides carefully chosen experts with the unique pedigree and expertise to understand claims from the policyholder’s perspective. Bringing in experts in every business sector to bear on a claim ensures a client gets the best value for money from their range of business insurances.  Indeed, taking into account the complexity of claims and demands of compliance, Compris Claims Advantage should be seen as an essential part of any business’s insurance portfolio.

After a claim, inevitably, there are competing demands on resources within the business’s management and a real need to focus on that business’s future – better to let the Compris experts concentrate on the material issues?”

From SMEs, where even a small incident would cause significant business interruption to large concerns where material damage claims could be massive like the Buncefield oil depot disaster (where our experts are involved), the benefits of Compris can be tailored to the specific need. Levels of cover, deductibles and support can be selected by the intermediary to meet their requirements, whilst the product can be over-branded in their name.

Composite, as coverholders for Groupama Insurances, provide the annual renewable insurance and the administration, whilst harris claims group provide access to the whole range of business experts from Accountants to Chartered Surveyors.

www.comprisclaims.com

 

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