blog1

About Us

Bima Solutions (BS) came into existence in the year 2011, by renaming the then existing firm M/s. Hakani Insurance Service (established in 1985).

Three generations of promoters (Hakanis) of BS have been providing excellent services to their corporate & retail customers.

BS, over the period, has emerged as a customer centric insurance solutions & service providers.

An Advantages:

  • Good Business Ethics
  • Three decades of experience in the insurance industry,
  • Dedicated Relationship Manager for each client
  • Claims consultancy services
  • Dedicated Claims team including surveyors, Consultants for risks analysis / risk inspection

Expertise in handling complex claims

  • Experienced, trained & technically sound staff
  • One stop for all your Life & General Insurance needs
  • Access to our online portal www.bimasolutions.com, to have up to date details of your portfolio, 24 x 7, all from the comfort of your seat
  • Special Expertise in arranging unique solutions for storage of hazardous chemicals at Bhiwandi, Marine Policy for Bulk cargo, Container Insurance, Policy for Shore Tanks including COC, Sales Turnover Policy, Product Liability (Pharma), etc.

Our Ethics:

  • To attend to clients requirements with utmost priorities.
  • To have utmost transparency in all dealings.
  • To provide the customized solutions.
  • To provide time bound solutions (With TAT’s & SLA’s)
  • To provide the most comprehensive solutions
  • To provide the most competitive terms
  • To provide uninterrupted services

Our Service Offerings:

Audit of current insurance portfolio based on interaction with:
  • Decision makers for understanding risk profile & future requirements
  • Operating managers for understanding the process & for physical inspection of facilities to suggest risk improvements
Restructuring of current insurance portfolio :-
  • Check adequacy of existing insurance coverage & suggest appropriate coverage and improvements
  • Examine scope for self insurance
  • Suggest employee related coverage as an Attrition reduction tool
  • Substitute multiple policies with a comprehensive policy to have uniform cover & ease of administration
Valuation:-
  • Advise on the basis of sum insured for insurance of assets to avoid condition of average being applied, should a claim arise.
  • Arrange valuation of properties, at insured’s costs, through recognized & approved
  • valuers, if required
  • Arrange site inspection, free of costs, If required
Quote generation:-
  • Use first hand knowledge of insurer’s capabilities & capacity to shortlist them
  • Obtain competitive quotes from relevant insurers based on client requirement.
  • Evaluate and negotiate quotes for better coverage and pricing.
  • Finalize placement based on pricing, coverage & service levels
Policy Terms :-
  • Ensure complete understanding of policy inclusions & exclusions by client
  • Examine policy documents to ensure that agreed terms are reflected.
Placement :-
  • complete placement in time to ensure continuity of coverage
  • Ensure payment of premium in compliance with regulations
Claims:-
  • Standardizing & simplifying the process & Documentation for routine claims
  • Coordinate with surveyors / clients for documentation of major claims
  • Improve process of recovery with insurers
  • Analyze claim patterns to suggest remedial measures for risk improvement
Others:-
  • Submitting periodic declarations to insurers as per terms of policy
  • Suggest modification of existing terms via endorsements where required
  • Follow up for payment of premium if any to ensure continuance of regulatory compliance
  • Advise latest developments in the industry
  • Renewal to start 60 days in advance
  • Regular MIS & updates on Portfolio, Limits, CD Account & Claims

Phone : (022)26481766/67/68

info@bimasolutions.com