Insurance Advisory Services

Insurance is one of the most significant elements of today’s complex business world. Sufficient insurance coverage is necessary for all aspects to protect the financial assets and resources of the organization. Proper planning of financial risk and its efficient management enables mitigation of losses and helps to attain financial stability, thereby generating more business.

FinX efficiently assesses the financial capacities of the clients, ensuring complete protection of their investments from instability factors and providing transparency and reliability of the financial data, through better understanding with both domestic and international banks and financial institutions

FinX helps organizations improve their performance in different areas, primarily through the analysis of existing business risks and devising well-founded strategies for minimizing them. The insurance advisory services of FinX include:

Intensive Monitoring of the Creditworthiness of Clients

Determining clients’ creditworthiness before extending the credit is an effective way to reduce financial risk. FinX implements the best practices and significant resources to assess the financial soundness of its clients. The team of experts at FinX uses 5 Cs of Credit to conduct a Credit Assessment which includes Character, Capacity, Collateral, Capital, and Conditions. A thorough analysis of the revenue cycle and outstanding obligations make it easier to understand the company’s future business prospects.

Improvement of Corporate Governance

Corporate Governance plays a significant role in making businesses grow while accepting and acting following a set of rules. It refers to the combination of laws, regulations, procedures, and voluntary practices to enable companies to maximize shareholders’ long-term value and is needed to create a corporate culture of consciousness, transparency, and openness. FinX helps companies to establish an effective system for risk oversight and management, leading to better decision-making policies.

Effective Deployment of Capital

Leveraging capital in an efficient and resourceful manner is one of the most crucial decisions for organizations and business owners. FinX helps companies target the major areas of investment that can bring significant ROI and also assists them in deciding the right time for any kind of expenditure before undertaking capital-intensive projects. Emphasis is put on the sole principle of building shareholder value before the utilization of capital along with maintaining viable business operations.

Protection of Assets

FinX devises the simplest and the best asset protection strategies for its clients, which involve legal tools and financial plans developed to shield valuables from lawsuits. These include analyzing a list of assets that need protection and determining which legal instrument or strategy would ideally protect each one. A decent asset assurance plan developed by the FinX team with in-depth research provides asset security which is an unquestionable requirement for all businesses.

Risk Management

FinX has a team of experts who can identify, assess and control threats or risks that could stem from financial uncertainties, legal liabilities, and strategic management errors. It plays a leading role in providing risk management services to its domestic and international clients, and it firmly believes that by implementing a proper risk management plan and considering the various potential risks or events before they occur, an organization can save money and protect its future.

Liability Covers

The Liability Covers in business protect the financial interests of companies and business owners in the event of financial turmoil and legal consequences. We at FinX provide our clients with the best advisory services for liability insurance, which cover businesses from a number of lawsuits that may be linked to their products, services, and day-to-day transactions. With such policies placed in time, the companies don’t need to waste their time guarding against non-preventable expenses.

Whom to Contact

Joseph Mani : joseph@finx.org.in