Secure Prime Insurance Agency Corp. envisions itself to become the most professional non-life insurance intermediary in the country. Our long-term success will come from better customer focus, product innovations, and risk management capabilities.
Secure Prime Insurance Agency Corp. a duly licensed Insurance Agency was incorporated on March 10, 2022 by the Securities and Exchange Commission (SEC). Secure Prime Insurance Agency is duly licensed by the Office of the Insurance Commission. Secure Prime Insurance Agency was established to serve its clients and their specific insurance needs better by providing them with more cost-efficient alternatives and as a professional firm specializing in All line of Insurance and Claims Management, and specialty services. Its staff has more than 20 years of combined insurance experience.
SecurePrime acts as an intermediary between the Insured and the Insurer.
The role of the insurance intermediary developed from a need on the part of the client / policyholder for a “professional” to advise him on the most suitable covers for his business at the most economic cost.
SecurePrime must therefore be fully conversant with all markets. Each insurance company has its own concept of underwriting and premium rates. These change from time to time so SecurePrime has to keep in touch with these developments. It is neither practical nor cost effective for the client to be similarly conversant with the world’s markets.
SecurePrime shall inform the client what insurance covers are available in the insurance market, the various rates charged, and any new cover trends, which become available. SecurePrime shall also assist the client or insured in making claims and give him advice as to how his insurance may best be handled.
To meet your insurance needs effectively, SecurePrime a trusted business partner–similar to your accountant, banker and attorney. In order to secure the right coverage at an appropriate price, SecurePrime are familiar with all of your insurance programs and services. SecurePrime shall deliver a responsive insurance product that is well priced and deal only with those insurance companies that are financially sound and that could provide service to a level acceptable particularly in respect to their attitude to claims.
SecurePrime are professionally and creatively market your risks as selection of the best underwriters to deal with is a vital part of our role.
A lack of perception of your risks, questions unanswered, and ideas unexplored will surely translate into higher premiums and/or inadequate policy protection.
The insurances for a project and the nature of loss may seem uncomplicated, but they do have to be arranged in a technically sophisticated manner in order to provide the essential comfort and protection to shareholders as well as project Financiers.
If you have any preference in dealing with any particular insurer then naturally we will give them first opportunity to participate in the insurance program.
Whilst price is very important, it is also equally important that the extent of policy coverage provided is as wide as possible to cover all the risk exposures – bearing in mind there are certain risks that are uninsurable.
By dealing directly with an insurance company, clients will be restricted to the standard policy that the insurance company can provide. This may not always be sufficient to meet their needs, particularly with respect to large construction projects.
SecurePrime has an obligation to ensure that the policy wordings are tailor-made to suit the client’s needs, and embrace the risks and indemnities peculiar to the project.
SecurePrime therefore should have the facilities and technical expertise to provide the client with alternatives that best fit their insurance needs, and offer specific strategies as required.
It is extremely important, regardless of the status of the insurance market, to carefully consider the security of Insurers, including those companies willing and able to pay claims promptly.
Effectively, a segregated full-time professional staff at the SecurePrime office performs as if they were the client’s internal insurance and risk management department. SecurePrime will have the client’s best interest at heart and will be helping them assist any problems that may arise. In essence, the duty of the . SecurePrime is to represent the Insured, help him discover his exposures, and present his risks to the underwriters in as favorable light as possible to obtain the best terms for him when the insurance is placed. Should there be a claim, SecurePrime will facilitate the arrangement of the settlement and collect payment on the client’s behalf.
We must know the market and be able to select the most suitable underwriter for each risk. We must also be sufficiently acquainted with the law to secure the contract in its right form, and give his help and guidance in the preparation and handling of claims.
If a client has any preference in dealing with any particular Insurer, SecurePrime can give the said Insurer first opportunity to participate in the insurance program.