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MOTOR " PORTFOLIO - RISK MANAGEMENT |
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With
Rs.6500 /- crs of Motor premium in the Indian Domestic Market for
the financial year 2003-04, the Portfolio occupies 40%
of the entire non-life premium.The Current Vehicle population in
India is approx. 68 m. The Automobile Industry in India is growing
at a tremendous speed. As per industry Experts, the Motor Premium
in India will touch Rs.10,000 Crs within next 3-4 years and will
keep on growing fast. |
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| However the end result for the Underwriters in Motor have always been a Matter of great Concern. | |
Scientific
& Methodical management approach will convert the Current unhealthy
situation into a very healthy one producing operating surplus /
profit both in OWN DAMAGE & TP LIABILITY. |
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| WHAT
IS ESSENTIALLY NEEDED IS A SPECIALIST'S TOUCH. |
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| EXPERTISE AND EXPERIENCE YOU CAN TRUST |
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| Is available to effectively identify, measure and manage your Motor Insurance portfolio. Developing and implementing benchmark standards plugging all types of sophisticated leakages and give motor portfoio of your company a competative finacial edge leaving in the process an institutional mechanism. B.G.Patki is the person you are looking for -an AUTOMOBILE ENGINEER by profession and having spent his entire working life, earlier actively in the maintenance / repairs of automoblies in one of the biggests transport organisations i.e. Bombay State Road Transport Corporation (S.T) & then in the Motor Insurance Market of New India Assurance Co.Ltd. and leaving firm foot-prints in the areas of claims management, loss control, loss prevention in the OWN DAMAGE section and Thrid Party. His performance track record keeps him going to continue contribution in strengthening Motor Insurance Market. With Private Insurance players in the field and their business model of growth with profitability is possible only by providing quality control in all facets of motor portfolio. Loss prevention, loss control and value addition in terms of risk based underwriting must receive focused attention. |
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| B.G.Patki
would act as a catalyst in this process. |
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Besides:
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As
a highly experienced Automobile Engineer having worked in a responsible
position in the field of Maintenance, Repairs, Diagnosis of the
failures of various Automobile vehicles components, Time study of
the Repair Schedule etc. for over 9 years before entering the Non
life insurance industry as a specialist in “Motor
Insurance”, have been able to successfully develop
the entire “Risk Management”
process in the Motor Portfolio over the last 44 years in
the Motor Insurance Field. |
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The
process includes the various aspects of the “Motor
Insurance” such as the Tariff provisions, various
covers exclusions, conditions, survey, assessment etc. and in view
of the Effective Management of Total Motor Portfolio. |
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Such
a highly developed Risk Management Process is aimed to convert the
current loss making Motor Portfolio into a viable and profit producing
one. |
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“Own
Damage” portfolio, offers enough scope for the reduction
of Excess outgo, if any, if handled Scientifically and Methodically. |
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For
Enquires & Consultation contact |
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B.G.PATKI |
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"MOTOR"
Risk Management |
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& |
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Automobile
Accident Technology Consultant |
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Tel:
28334443 / 28331464 Fax: 28999454 Mobile: 9223481949 |
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505,
Hill View, Padma Nagar, |
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Chikuwadi,Shimpoli, |
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Borivali
(West), Mumbai-400092 |
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