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Loss of profit claims Management in UAE
Are you an insurer or a policyholder? Whoever you are, we've got you covered! As the Loss of Profit Claims Management experts in the UAE, we provide fair, accurate, and transparent claim resolutions. We work to minimize business disruptions and guarantee timely compensation. You can trust our team of expert loss adjusters to handle your claims quickly and professionally.
How can policyholders & Insurers benefit with us?
Since 2015, senior loss adjusters at Chartered Global Surveyors and Loss Adjusters LLC have been handling claims for multiple industries. We have built trust by delivering results that meet the needs of both policyholders and insurers. Our team has over 15 years of experience in loss adjusting, including managing Loss of Profit Claims. We make sure both policyholders and insurers benefit from our approach.
We assist policyholders in expediting the compensation process. We also minimize business disruptions and make the claims process easier. For insurers, we provide accurate documentation and reduce risk. We also work to prevent fraud and maintain clear communication. Our goal is to make sure both sides benefit through our expert loss of profit claims management in UAE.
Our Expertise:
Over 15 years of experience in Loss of Profit Claims Management in UAE.
Expertise in managing and resolving complex loss of profit claims efficiently.
Proven track record of delivering fair and accurate claim resolutions for both policyholders and insurers.
Guaranteeing transparency and clear communication throughout the claims process.
Customized solutions to meet the unique needs of policyholders and insurers in the UAE.
Speak to a Loss of Profit Claims Expert & Partner with Us Today!
Top Loss of profit Claims we handle
Have a look at the claims we handle at CGSLA as the top experts in Loss of Profit Claims Management in UAE.
Natural Disasters
Natural disasters like floods and earthquakes can cause great disruptions to businesses in the UAE. We assist clients in reducing the complexities of insurance claims related to property damage, business interruption, and supply chain disruptions caused by these events.
Fire and Explosion Damage
Fires and explosions can cause severe damage to businesses. We guide clients through the claims process. We make sure they receive compensation for property damage, business interruption losses, and the costs of restoring operations.
Supply Chain Disruptions
Disruptions in the global supply chain, whether due to natural disasters, political instability, or logistical challenges, can severely impact businesses. We help clients understand their insurance coverage. We will assist in solving the complexities of filing claims for losses arising from supply chain disruptions.
Machinery Breakdown
Unexpected breakdowns of critical machinery can halt production and lead to financial losses. We assist clients in assessing the extent of the damage, preparing detailed claims, and negotiating with insurers. Fair compensation is guaranteed by protecting the interest of both parties involved.
Business Interruption
Business interruption insurance can provide crucial financial support during periods of disruption, such as after a fire, flood, or cyber attack. We help clients understand their policy coverage, document their losses accurately, and maximize their insurance recovery.
Cyber Attacks
Cyber attacks can undoubtedly cause huge disruption to businesses, leading to data breaches, system outages, and reputational damage. We assist clients in handling the complexities of cyber insurance claims. This includes coverage for data recovery, business interruption, and regulatory fines.
Custom Loss Scenarios
We understand that every business is unique, and loss scenarios can vary significantly. Our team has the expertise to analyze complex loss situations, identify potential coverage options, and develop customized claims strategies. We help clients achieve the best possible outcome.
Utility Failures
Interruptions in essential utilities like electricity, water, and gas can severely disrupt business operations. We help in assessing losses arising from these disruptions, including lost production, spoilage of inventory, and the costs of emergency measures.
- Testimonials
Hear from Those Who’ve
Experienced Our Expertise
- Case Studies
Recent Settlements
Highlights of Major Losses Settled
Pedestrian Bridge Impact Damage – Dubai Municipality
Handled a liability claim worth “AED 3.7 million” involving a hired forklift operator causing significant damage to a pedestrian bridge.
Flooding Damage to Raw Materials – European Perfume Works, Sharjah
Handled a liability claim worth “AED 1.04 million” in 2020 due to flooding caused by negligence at a supplier’s premises.
Marine Infrastructure Impact Damage
Successfully settled a “AED 3.7 million” claim for impact damage to a pedestrian bridge in Dubai, emphasizing efficient claim resolution.
Fire Damage at Under-Construction Building, Sharjah
Our expertise ensured fair claim settlement for a fire incident in Sharjah, resulting in a recovery of “USD 8 Million”.
Fire Damage at Twin Tower, Ajman, UAE
We successfully managed a claim worth “USD 11 Million” for fire damage at the Twin Tower in Ajman.
Impact Damage to Stocks in Trade – Mitsumi Distribution
Resolved a claim valued at “AED 1.2 million”, involving liability for stock damage caused by third-party operators.
Flood Damage at Concrete Block Factory, Fujairah, UAE
Managed a claim of “USD 1.1 Million” for flood damage to a manufacturing facility in Fujairah.
Storm Damage to Construction Slab and Crane
Successfully handled storm damage claims under CAR and CPM policies for “USD 1.2 Million.“
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Meet our Team Members
The Role of CGSLA in Managing Profit Claims
Loss of Profit Claims are an essential part of business insurance. They help businesses recover from financial losses caused by unexpected events. These events can include natural disasters, supply chain problems, technology failures, or legal issues.
Loss of Profit Claims usually cover lost revenue and extra expenses. They also account for reduced gross profit during the period when the business cannot operate normally. This type of insurance provides financial support to cover unexpected costs and maintain cash flow. It helps businesses recover quickly, stay stable, and reduce the financial impact of unforeseen disruptions.
Established in 2015, Chartered Global Surveyors and Loss Adjusters LLC has over 15 years of experience in loss of profit claims management in UAE. We handle the claims process well and guarantee fair outcomes for all parties. Our experienced team, led by Managing Director & Senior Loss Adjuster Iyad Najjar, specializes in managing large and complex losses, including business interruption claims across various lines of general insurance.
Our Senior Loss Adjuster, Hazem Mohammed, has a strong background in handling claims for governmental departments such as Dubai Municipality and Dubai Police. He is skilled in claims negotiation and the application of policy terms, conditions, and warranties.
Our team includes many more experienced professionals dedicated to achieving the best results. We carefully review all claim documentation to make sure accuracy at every step. From assessment to claim submission, we streamline the process to avoid unnecessary delays. We work closely with both insurers and policyholders. Our goal is to gather all the required details and resolve claims fairly.
For policyholders, we provide prompt solutions and minimize disruptions. For insurers, we guarantee accurate documentation and protect against risks like fraud.
By acting as an extension of insurance agencies, we help set up claims quickly. This approach builds trust and goodwill between insurers and their clients.
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Get in Touch with Experts for Loss of Profit Claims Management in UAE – Contact Us Now!
- +97142973422
- office@cgisla.com
- Abdulla Kamber Business Center, Office 106, 1st Floor, 127 Hor Al Anz, Salah Al Din St, Deira, Dubai, UAE
Talk to an Expert
+97142973422