New materials manufacturer
Client: New materials manufacturer.
We have arranged property insurance, machinery damage insurance, business interruption insurance and public liability insurance for the client. A fire incident occurred, resulting in the destruction of one of the insured's workshops and causing damage to nearby buildings owned by other companies. To assess the extent of the loss and gather the necessary documentation, the insurer covered the expenses associated with engaging a third-party assessment service. The insured incurred a total cost of RMB 380,000 for the services rendered by the third party. However, thanks to our claim preparation clause and assistance, the insurer covered this expense on behalf of the insured.
