TELOS carries out an audit of the client's
insurance portfolio on a regular basis which involves analysing existing
insurance covers in terms of risk gap analysis, premium ratings, discounts
eligible and allowed, additional clauses, extensions, self insurance techniques
etc., and making recommendations about amendments to coverages, new covers etc.
TELOS also liaises with the Insurance Companies, Insurance Regulatory and
Development Authority (IRDA) and several other bodies for these purposes on
behalf of clients.
Claim settlement is the Litmus Test of any Policy.TELOS' personnel have adequate
necessary experience / expertise to advise on large complex insurance claims in
the fields of marine, fire, engineering, project insurance, property,
consequential losses, liability etc.
TELOS carries out an in-depth analysis and review
of the portfolio activity profile including physical inspection exercises to
determine and design appropriate insurance coverage customised to cope with the
client's risk exposure. This interalia includes guidance on valuation of assets
TELOS advises on arranging special insurance covers on international lines for
new and mega-sized risks.
TELOS's specialised "Legal Cell" advises on legal
issues concerning liability risk exposures arising from normal day-to-day
operations of an organisation. The exposure areas include - Product and Public
Liability, liability for Professional advice rendered, e-liabilities and of
late, the increasing Director's & Officer's Liability. TELOS also advises on
designing appropriate insurance policies catering to such liability risk
TELOS has a special "Projects Risk Management
Cell" which renders advice right from the drawing board stage of the project
till the time the project is commissioned and rendered commercially operational,
keeping in mind the requirements of Indian / Foreign parties / financial
This cell has the requisite experience and expertise in arranging project
insurance packages on international lines including highly specialised /
TELOS advises on appropriate indemnification
clauses to be incorporated in various contracts as a means of effecting transfer
of risk to the other parties.