Direct Brokerage

 

New Insurance Policies

  • Design and creation of the insurance terms to be requested.
  • Assisting in tender preparation.
  • Obtaining & Evaluating the received insurance offers.
  • Negotiations with the insurance companies.
  • Auditing the issued policies to make sure it is according to the requested terms.



Insurance Cost Reduction & Control

  • Existing Policy Evaluation. “ Gap Analysis”.
  • Reporting and advising suggested cover improvement or replacement.
  • Preparing tender documents and insurance tender procedures.
  • Analysis of the received offers from insurance companies.
  • Negotiations with insurance, reinsurance & brokers companies.

Claims Management Services

  • Claims Preparation Assistance.
  • Assisting in negotiations with insurance companies.
  • Claims Insurance Technical Support.

 

Existing Insurance Policies

HPIB will assist in reducing your insurance cost and expenditure by the following:

  • Globalizing the insurance program.
  • Restructuring the existing insurance policies.
  • Negotiating better terms with the insurance and reinsurance companies.
  • Seeking alternative international and local market.
  • Enhancing the risk management and control system.

Employee’s Benefit Advice

Inline with regulatory guidelines of each country, HPIB is able to tailor make a scheme that will control and manage the potential financial exposure of your Employee Benefit Scheme, in all lines Medical, life, Saving, Retirement plans & Group annual annuity Schemes.

Our ability is also extended to tailor Experience Rated Refund Plans, Pooled Accounts, Fully insured plans, Stop loss Plans.



Reach Us

Al Aqaria Tower 2- 2nd floor

Salah Aldin St (Siteen st), Al Malaz

P.O.Box 60191- Riyadh 11545, Kingdom of Saudi Arabia