Method

Busness analysis parameters used

A complete and detailed analysis of the company is essential to create solutions that encourage loyalty by delivering significant benefits in terms of cost savings.
The operating model adopted by Foedus is based on a consolidated approach in which the focus is always on the client and their objectives:

Risk Identification and Analysis: to transfer risks the client has an interest in protecting to the insurance market, avoiding: duplicated or unnecessary coverage, resulting in wasted money; lack of coverage and therefore the burden of liability for damage resulting from any accidents.

Claims analysis: to identify recurring events, the sectors involved and the impact, in order both to make provision for targeted, constructive action as well as to assess recourse to self-insurance (the intelligent inclusion of deductibles and/or non-coverage).

Claims management: operating according to the procedures described above makes it possible to coordinate a claims management process that is uniform, prompt and based on an constant exchange of information between insurance companies, the client company and our office, to speed up back-office procedures and generate a return in terms of both costs and image.

Reduction of the number of policies: in order to offer a more uniform insurance programme and therefore achieve cost benefits.

Reduction of management costs: working with the aim of drastically reducing the number of contracts and establishing consistent rules on the subject of associated management charges, contract expiries, claim reporting terms, etc., makes it possible to obtain huge benefits in terms of the time involved, risk control and reduction of the margin of error during management procedures, all of which translate into achieving cost reduction goals.

Drawing up an internal procedure for communications between our Company and your Group and viceversa: if you consider it to be appropriate and feasible, we will agree on a special set of forms, prepare a procedure covering the form of communications, and identify the contact people based on the services involved and the issues arising, with a view to simplifying and facilitating the exchange of information and to obtaining the resulting direct and indirect cost benefits.