
The service is embedded into an insurer partner’s policy offering, typically at no cost to the client. This requires no change to policy wordings. A document advising the insured of the service and what to do in an emergency is provided.
We charge our insurer partners a monthly fee based on the number of policies to which the service attaches. This could be an entire portfolio, a scheme or a specific broker’s facility with the insurer partner.
First Recovery’s unique emergency disaster recovery service comprises:
…all services delivered within 24 hours of receiving instructions
to mobilise from the insurer partner.
Core Benefits
As well as providing your SME client base with help when they really need it, you will:
satisfy FSA guidelines on ‘treating the client fairly’ when the service is provided in a portfolio transfer scenario
