{"id":2759,"date":"2015-10-05T13:22:42","date_gmt":"2015-10-05T13:22:42","guid":{"rendered":"https:\/\/preview.codeless.co\/tower\/business2\/?page_id=2759"},"modified":"2022-04-18T12:07:40","modified_gmt":"2022-04-18T12:07:40","slug":"operations","status":"publish","type":"page","link":"https:\/\/garanti-re.com\/?page_id=2759","title":{"rendered":"Operations"},"content":{"rendered":"<p>[vc_row type=&#8221;full_width_background&#8221; borders=&#8221;1&#8243;][vc_column][vc_column_text]<strong><u>Claims<\/u><\/strong><\/p>\n<p>Our claims team has wide experience in managing claims across all lines of business. When an incident occurs, our goal is to provide the support clients need in a timely and effective manner.<\/p>\n<p>We communicate regularly with relevant stakeholders throughout the claim process and work closely with the assured, brokers and underwriters in order to gain an overall perspective of the case and identify the right solution.<\/p>\n<p>Our claims team has also developed solid disaster recovery plans disaster recovery plans and business continuity plans to make sure we continue to serve our clients even in unforeseen circumstances. In case of a catastrophe, our team will go to the client in order to evaluate the situation and provide assistance.<\/p>\n<p>All claims are a source of valuable insight and knowledge for our company. We try to learn from every experience so that the solutions we offer to clients meet their needs and expectations and we build together long-lasting relationships, based on commitment and trust.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><u>Reinsurance<\/u><\/strong><\/p>\n<p>Our offer at Garanti RE includes reinsurance policies for Life and non-Life business sector, in the form of proportional and non-proportional annual <strong>Treaties<\/strong>.<\/p>\n<p>Underwriting capacity<\/p>\n<ul>\n<li>Life: US$ 5 million, per life or per event<\/li>\n<li>Marine: US$ 5 million, proportional\/non-proportional per programme<\/li>\n<li>Non-Marine: US$ 10 million, proportional\/non-proportional per programme<\/li>\n<li>Medical: US$ 1 million, per lifetime benefit<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Garanti RE also provides <strong>Corporate Risks Solutions<\/strong> for the following businesses:<\/p>\n<ul>\n<li>ENERGY<\/li>\n<li>ALTERNATIVE ENERGY<\/li>\n<li>PROPERTY<\/li>\n<li>LIFE AND HEALTH<\/li>\n<li>AFFINITY<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>ENERGY<\/strong><\/p>\n<p>Coverage for Facultative Risks in the following sectors:<\/p>\n<ul>\n<li><strong>Onshore: <\/strong>Oil &amp; Gas refineries; Petrochemical Plants; Pipelines; Terminals; Drilling Units; Operators Extra Expenses<\/li>\n<li><strong>Offshore: <\/strong>Platforms; Drilling Units; Operators Extra Expenses<\/li>\n<\/ul>\n<p><strong>Underwriting Capacity: <\/strong>up to US$\u00a075 million<\/p>\n<p><strong>ALTERNATIVE ENERGY<\/strong><\/p>\n<p>Operational &amp; Offshore Construction coverage for Facultative risks in the following sectors:<\/p>\n<ul>\n<li>Biofuel &amp; Biomass Energy<\/li>\n<li>Geothermal Energy<\/li>\n<li>Hydro-electric Energy<\/li>\n<li>Onshore\/Offshore Wind Energy<\/li>\n<li>Waste to Energy<\/li>\n<li>Fuel Cell Energy<\/li>\n<li>Onshore\/Offshore Solar PV<\/li>\n<li>Solar CST Energy<\/li>\n<\/ul>\n<p><strong>Underwriting Capacity: <\/strong>up to US$ 55 million on PML basis<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>PROPERTY<\/strong><\/p>\n<p>Property and business interruption insurance for multiple industries, including:<\/p>\n<ul>\n<li>Chemicals &amp; Fertilisers<\/li>\n<li>Commercial<\/li>\n<li>Heavy Industries &amp; Metalworking<\/li>\n<li>Manufacturing &amp; Food Processing<\/li>\n<li>Power &amp; Utilities<\/li>\n<li>Residential<\/li>\n<li>Technology<\/li>\n<li>Airports &amp; Transport<\/li>\n<\/ul>\n<p><strong>Underwriting Capacity<\/strong>: up to US$ 55 million<\/p>\n<p>&nbsp;<\/p>\n<p><strong>LIFE AND HEALTH<\/strong><\/p>\n<p>Coverage for Facultative Risks in the following sectors:<\/p>\n<ul>\n<li>Group Life<\/li>\n<li>Credit Life<\/li>\n<li>Individual Life<\/li>\n<\/ul>\n<p><strong>Underwriting Capacity<\/strong><\/p>\n<ul>\n<li>Group Life: up to US$ 5 million (max. per life)<\/li>\n<li>Credit Life: up to US$ 5 million (max. per life)<\/li>\n<li>Individual Life: up to US$ 5 million (max. per life<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>AFFINITY<\/strong><\/p>\n<p>Underwriting services for certain insurance products, including:<\/p>\n<ul>\n<li>Auto Warranty<\/li>\n<li>Guaranteed Asset Protection (GAP)<\/li>\n<li>Brown &amp; White Goods<\/li>\n<li>Affinity Packages<\/li>\n<\/ul>\n<p>Cyber Liability covers: response costs in case of a Data Breach Incident; Network Security, Privacy and Data Breach Liability; Regulatory Liability; Cyber Extortion; Payment Card Industry (PCI) fines and assessments; Data Restoration; Media Liability.<\/p>\n<p><strong>Underwriting Capacity:<\/strong> up to US$ 5m[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;full_width_background&#8221; borders=&#8221;1&#8243;][vc_column][vc_column_text]Claims Our claims team has wide experience in managing claims across all lines of business. When an incident occurs, our goal is to provide the support clients need in a timely and effective manner. We communicate regularly with relevant stakeholders throughout the claim process and work closely with the assured, brokers and underwriters [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"class_list":["post-2759","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/garanti-re.com\/index.php?rest_route=\/wp\/v2\/pages\/2759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/garanti-re.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/garanti-re.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/garanti-re.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/garanti-re.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2759"}],"version-history":[{"count":5,"href":"https:\/\/garanti-re.com\/index.php?rest_route=\/wp\/v2\/pages\/2759\/revisions"}],"predecessor-version":[{"id":2939,"href":"https:\/\/garanti-re.com\/index.php?rest_route=\/wp\/v2\/pages\/2759\/revisions\/2939"}],"wp:attachment":[{"href":"https:\/\/garanti-re.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}