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Thursday, February 23, 2012
Insolvency Insurance Services

Campion Insurance work to provide the most comprehensive provide not only excellent customer service but also the most comprehensive product range for insolvency practitioners & fixed charge receivers.
 
Property Offering
For all commercial property appointments we place an automatic insurance cover & then make arrangements to carry out a full on-site assessment of your insurance requirements for all properties in the Republic of Ireland & UK. We then review any existing insurance cover & provide you with an impartial insurance report within the terms of our service level agreement.
This service results in a transfer of workload & responsibility to us to ensure you have peace of mind.
The benefits of our Property Offering are:
  • Automatic Online Cover Available
  • Full Review Of Any Pre-Existing Insurance
  • Impartial Formal Insurance Report
 
Residential Property Offering
For fixed charge receivers & insolvency practitioners who specialise in residential property we have introduced a dynamic new offering which provides the following benefits:
  • Full Pre Appointment Pricing
  • Automatic Online Cover Available
  • Excellent Value for Money
  • Flexible Insurance Cover (Occupied & Unoccupied)
  • Reduced Inspection Requirement
  • Agent Checklist Available
 
Flexi Cover
Many insolvency practitioners only require cover for a short period of time & may have limited funds to pay insurance premiums pending the disposal of assets. Our Flexi Cover option provides the following benefits
  • Automatic Online Cover available
  • Reduced Paperwork
  • Premiums from €60
  • Premium only due at cessation of cover (or monthly in arrears)
 
Structural Guarantee
Many property appointments will require structural guarantee or latent defects cover. We provide a specialist service for insolvency practitioners in the Republic of Ireland & UK for partially or fully completed developments. We work with all leading structural guarantee providers for the Republic of Ireland & UK markets. Our providers are approved by the Council of Mortgage Lenders & Building Society Association & accepted by Republic of Ireland lenders (no approved list)
The benefits of structural guarantee are:
  • Increase the sales price of assets
  • Underwrite any future potential liability for structural defects
  • Meet lenders mortgage criteria
 
After The Event Legal Expenses
 
Many Insolvency Practitioners will have the opportunity to seek recovery from third parties due to a wide variety of circumstances:
  • Debt Recovery
  • Professional Negligence
  • Commercial Disputes
 
However in many circumstances insolvency practitioners are unable to progress these cases due to concern regarding an exposure for third party legal costs (in the event you lose) or the defendant using a security for costs argument to prevent proceedings.
 
Our After The Event Legal Expense product has been designed to help overcome these obstacles & the benefits of our offering are as follows:
  • Simple Application Process
  • Premium only due at completion of proceedings
  • Premium fully insured in the event of losing the case
  • Suitable for UK & Republic of Ireland
  • Sums Insured in excess of €1 million available
 
 
Claims Management Service
 
Insolvency Practitioners may not only need assistance with claims which occur after their appointment sometimes you may need assistance in negogiating a claim which occurred prior to your appointment. As part of our review of any pre-xisting insurance cover we will identify any outstanding insurance claim and work with you to bring to a successful recovery

 

Useful External Links
 

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Campion Insurances Ltd is regulated by the Central Bank of Ireland
Campion Insurances Ltd is authorised to transact insurance in the UK
Insolvency Insurance is a registered business name of Campion Insurances Ltd.,
All services provided by Campion Insurance are provided in accordance with the Terms of Business

Copyright 2009 by Campion Insurances Ltd