How do we help our customers?
Discover our approach and results in different client cases
Client Ref.: 26.136
Client and project challenges
Historical and very loyal client of Ferrer&Ojeda dedicated to the manufacture and commercialization of diverse products of the chemical sector with headquarters, factories and warehouses in Barcelona. Our challenge was to update their insured amounts in Civil Liability and Environmental Liability as a result of an incident of great impact and magnitude in a chemical industry in an industrial park in Valencia that affected many neighboring industries.
Our work and approach
We made a report of the claim with the detail of the magnitude of the same in terms of Own Damages and Damages caused to Third Parties. We analyzed the environment of our client to evaluate the possible magnitude of possible damages.
<!– wpml:html_fragment –> We quote in the insurance market several increases of the insured sum of CR with much higher limits and sub-limits, in particular the guarantees of Operating CR derived from fire or explosion, as well as the Employer’s CR due to accidents at work. We present the client with different options and make him aware of the importance of contracting a sum insured much higher than the current one to face a major loss.
<!– wpml:html_fragment –> We quote in the insurance market several increases of the insured sum of CR with much higher limits and sub-limits, in particular the guarantees of Operating CR derived from fire or explosion, as well as the Employer’s CR due to accidents at work. We present the client with different options and make him aware of the importance of contracting a sum insured much higher than the current one to face a major loss.
Results
We made a significant increase in sums insured in General Liability and Environmental Liability, also increasing the limits and sub-limits of many coverages. Some increases were made in first layers and/or contracting 2nd layer of Liability in other companies to achieve the necessary insured sums to indemnify third parties due to a large loss, depending on the capacities of the sector.
How can we help you?
Contact us or find an office near you.