AMPM ENTER INTO STRATEGIC ALLIANCE WITH THE FMB
The announcement and publication of the new Strategic Alliance between AMPM and the Federation of Master Builders (FMB) (http://www.fmb.org.uk/member-benefits/new-insurance-opportunity/) was recently featured in the February edition of “Master Builder” magazine with a 4 page editorial and details of the AMPM Alternative which is now available on a national basis, this together with the continued roll out of the national ‘surveyor’ led claim validation and specification service now contracted with UK Surveying Ltd., maked AMPM a truly unique group of companies.
*DRITECH NATIONAL LAUNCH VIA RECOVERY MAGAZINE*
The continued roll out of the national branded drying and restoration service by AMPM through DriTech Ltd. was formally announced in the current issue of Recovery magazine, the BDMA official publication where an editorial announcement and advertisement for regional BDMA qualified individuals/companies to take up a regional licence on those areas still available. The response was very positive and interviews are currently taking place
INSURERS SLASH RATES FOR REINSTATEMENT
In a recent article published in Recovery the British Damage Management Association (BDMA) publication it was stated that:-
”There is no doubt that some insurers in the past tried to take a far too rigorous approach to managing claims costs which meant slashing the numbers of loss adjusters and damage management suppliers on panels – and paying rock bottom rates. However, sources suggest there has been a change of thinking.
Expensive solutions utilised during surge over the past few years, to overcome these cutbacks, include loss adjusters being flown in to perform basic work from countries such as the US and South Africa and sub-standard repairers used as insurers ran out of approved builders – working with too small a pool and attempting to pay too little for quality work fails the customer – and not least can raise the Ombudsman’s antennae.
Mr Davison adds: ” Cutting back on costs affects the customer. Of course we understand insurers need to contain the supply chain, but there has to be a balance. Insurers who think they are saving by having too aggressive a procurement strategy can find it backfires.’
”Delivering the claims promise is at the very heart of what insurance is about. The industry can talk all it wants about qualifications, excellence in underwriting and profitable business. Of course these are all enormously important, but to the customer, whether personal or commercial, what matters is that they are looked after, promptly, with a minimum of fuss. That means a fast agreement from the adjuster – and fulfilment from the damage management supplier.”
AMPM fully endorse the above statements and point out that it is time for insurance claims to be managed with the policy holders interests having a priority and the insurance companies delivering what the policy holder is entitled to and cost cutting should not be the primary objective.
AMPM launch Broker Vision Live web access
AMPM are please to announce that the new Broker Vision Live web access to the interactive claims database is now operational. Any registered Brokers can now view their clients claims by simply clicking the Broker Vision Live button on the Homepage.
