Onshore Energy Conference — London Onshore Energy Conference — London | Page 18

THE KEY FACTORS THAT DRIVE CONSISTANT DELIVERY OF SOLUTIONS INCLUDE; • Integra’s process, construction and mechanical engineering adjusters building strong rapport with the Insured’s Operations team, that enables early damage scoping and robust dialogue regarding loss mitigation and analysis of the reinstatement options. • Leading (Re) Insurers issuing a statement regarding policy liability as early in the adjustment process as possible, following the determination of cause. • Creating a Loss Management Plan that the Insured, Brokers and (Re) Insurers (the stakeholders) understand and fully commit to. • A high level of trust between the stakeholders, and the stakeholders having the authority to make decisions at each critical stage of the process. 18 • Walking all stakeholders and consultants through the potential ‘pressure points’ in the adjustment process in order to identify possible solutions and ultimately to gauge their respective appetites for “Fast Tracking” the claim. • “ Fast Tracking” creates certainty of outcome. On average, when Integra are able to “Fast Track” claims, they settle within 9–10 months of Integra being appointed. • Integra have “Fast Tracked” multimillion dollar Oil, Gas & Petrochemical, Power Generation and Construction claims around the World and references from stakeholders involved. in each claim are available upon request.