If we look at the market of insurance survey and loss adjusting, it comes across as an untapped industry, wherein, mostly there are individual loss adjusters. These individuals have been bringing the needed domain knowledge, capabilities and expertise to cater to the clients’ requirements. However, these individuals are only focusing on one or few niche areas and as a result fail to deliver a holistic solution.
The world of loss adjusting has undergone radical change in recent years due to the ever-changing market dynamics. Also, the government initiatives are looking favorable for the insurance industry. Hence, today the clients are looking for a partner who can expertly manage all aspects of a claim from beginning to end. In other words, the partner must have the capability to offer a one-stop-solution when it comes to surveys and loss adjusting services.
Bringing the needed innovation in the insurance Industry, Xcel Insurance Surveyors and Loss Assessors India, based out of Chennai has been at the forefront in offering standardized solutions in the field of surveying, loss adjusting and risk
administration. The company is an end-to-end loss adjusting services from pre-risk survey to claims settlement to meet the diverse and growing expectations of the clients. Xcel ISLA has perfectly leveraged its unparalleled domain knowledge and blended it with latest technology integration to serve clients beyond their expectations. They are licensed under the Insurance Regulatory and Development Authority of India (IRDA) with the license number IRDA/CORP/SLA - 200053.
“We focus on delivering a comprehensive solution, rather than just focusing on loss adjusting. We offer a whole gamut of services that can proactively hand-hold clients and meet their real- time expectations. We have always been proactive in identifying what sort of risk exposure the client would face in future and if there is any gap in the policy, we do advise the client about the same. We have created a platform to bridge the gap between all the stakeholders in the Insurance Industry; a knowledge-driven platform that serves all the related players in the Insurance domain”, highlights Mohamed Haris, CEO at Xcel ISLA.
Xcel insurance surveyors and loss assessors offer a whole gamut of services that can proactively hand-hold clients and meet their real-time expectations
Ensuring Utmost Trust & Reliability
All this is backed up by its experienced and technically-adept team who are always ready in effectively assessing and processing large insurance claims. They always tend to go beyond simple collation and submission of costs by providing expert cost analysis, repair scope validation, engineering interface, policy interpretation and advocacy to ensure a quick and fair settlement. Due to this competency, their expertise lies across following numerous areas including motor accidents and injuries, liability & casualty claims, marine cargo, power & energy, risk inspections & pre risk surveys, engineering, fire & general accident, among others.
“Going forward, we are focusing on various next-generation technologies, especially Artificial Intelligence to help the segment evolve to its optimum. We are constantly upgrading ourselves and developing products which can revolutionize the process of delivering solutions”, concludes Mohamed Haris.
