Global Marine Insurance TPA
Simplifying Processes with Specialist Claims Handlers and Precise Control
Traditional claims management processes can often be cumbersome and time-consuming, resulting in inefficient operations and dissatisfaction among insurers, brokers, and policyholders.
Within the marine insurance sector, insurance companies are frequently tasked with managing an increasing number of complex claims, often stretching available resources and time to their limits. Teams are often grappling with the rigorous procedures of claim initiation, investigation, adjustment, and settlement. Furthermore, managing recovery and mitigation aspects can pose significant challenges.
In such scenarios, TPAs like Marlin Blue offer a viable solution, providing the opportunity to outsource claims processes, thus simplifying them and ensuring accuracy and efficiency.
Adaptation in TPA Services – A Business Imperative
In the evolving landscape of TPA services, understanding and adapting to the unique needs of each insurance company is decisive. Each step of the claims management process requires distinct levels of support depending on the client’s resources and capabilities.
By building a flexible and adaptive TPA model, we provide targeted support where it’s needed the most. This bespoke approach enables the delivery of highly efficient and effective claims management services.
At Marlin Blue, we excel in this adaptive approach, ensuring meaningful and impactful support throughout the process.
Cost Control
Effective control of claims costs is fundamental to delivering superior outcomes in the marine insurance industry.
As a TPA at Marlin Blue, our mission is to ensure the technical handling of claims from the moment they occur. We concentrate on several core areas that contribute to significant cost savings and enhanced value for our clients:
- Efficient Expense Management
- Tailored Budget Control
- Cost Reduction Strategies
- Streamlined Claim Process
- Proactive Cost Monitoring
Specializing in TPA Solutions for the Marine Insurance Sector
At Marlin Blue, our in-depth understanding of both the transport and cargo insurance industry and the insurance sector as a whole. We understand the critical importance of each detail from the first notice of loss to the final settlement, in a marine survey or a recovery after subrogation, and we know how these finer points can substantially impact a claim’s outcome.
We are further differentiated through our alliance with Claimar, established through a partnership between Marlin Blue and Comismar, a recognized Spanish marine surveyor company. This alliance enriches our services by merging the expertise of a legal team with the practical experience of seasoned surveyors, thereby bolstering our ability to provide efficient and expert insurance claims management.
In sum, our core competencies highlight our ability to handle complex cases, particularly those involving hull & machinery, liability and cargo. We have amassed an extensive team of specific industry specialists, ensuring we provide top-tier insurance claims management services across air, maritime, and inland sectors. The blending of our in-depth industry knowledge, legal expertise, and strategic partnership with Claimar truly sets us apart in the TPA services sector.
So, what differentiates our TPA services?
Skilled negotiation team
Our team’s skilled negotiation tactics contribute to a swift and favorable claim resolution. This proficiency directly impacts claim closure rates, providing an efficient and effective outcome for all parties involved.
Marine Legal Expertise
Every case is unique and requires a tailored approach based on applicable laws. We combine years of legal expertise with a thorough understanding of marine claims handling to provide precise solutions.
Diplomacy
Turning Challenges into Success
Boost claim closures by delegating claims management to us. We transform complex procedures into straightforward solutions, optimizing claim outcomes.
Third-Party Administration Offering Tailored Add-On Claims Services
At Marlin Blue, we provide an end-to-end, timeline-based approach to marine claims management. As seasoned maritime lawyers and marine claims specialists, we navigate the intricacies of each case with strategic precision. Our array of modular, fee-for-service supports ensures a seamless progression through each stage of the claims process:
First Notice of Loss (FNOL) Services
Claim Assessment
Survey Coordination
We facilitate survey coordination for cargo, hull, and machinery claims. Our services include:
- Appointing qualified surveyors when appropriate,
- Conducting remote surveys as a preferred approach when feasible,
- Implementing on-site surveys only when necessary.
Loss Adjustment
Reporting Analytics
Mitigation
In parallel, we assist with effective recovery measures, helping to mitigate financial risks.
Claims settlement
Subrogated Recovery claims
Additionally, we undertake the Pursuit of Third Party Recoveries, carrying out efficient and effective actions to recover from third parties. Our goal is to reimburse the losses that were compensated to our clients.
For cargo insurance and subrogated recovery claims, our approach is comprehensive. We manage both cargo insurance claims and those involving subrogation, striving to recover as much as possible from the party at fault.
Compensation Management Scheme
Marine Liability Handling
Let us be the natural extension to your claims team
