SHORT-TERM CLAIMS RECOVERY
The rapid pace of short-term transactions requires an equally rapid claims and recovery action. Accordingly, providing our clients with timely evidence-backed reports is our primary objective when managing claims arising out of short-term transactions.
Upon receipt of the claim information, we carry out in-depth analysis of the claim documentation and investigate the underlying transactions. We try to visit and hold meetings with debtors to understand their reasons for non-payment, and then relay this information along with our findings in accurate evidence-backed reports to our clients. The local presence of our team and international partners gives us the ability to carry out such meetings within a very short period of receiving a request from our clients.
The local presence of our team and partners, and their familiarity with cultural and business norms of the debtors, enables us to negotiate reasonable settlement and recovery solutions. While doing so, we take in consideration the unique circumstances of each claim, and weigh the advantages and disadvantages of the various paths to recovering the claim. We consider issues like the efficiency of the jurisdictions involved, the debtors’ industry outlook, the debtor’s unique circumstances, and a host of other factors in order to reach an optimal recovery solution.
Medium & Long Term Transactions
MLT CLAIMS RECOVERY
The complexity of MLT credit insurance claims is best managed by multi-disciplined teams especially created for the unique requirements and circumstances of each claim.
In addition to the technical complexities of the insured transaction, the legal environment governing such transactions is typically multifaceted and involves the complex interplay of international conventions and domestic laws, action spanning multiple jurisdictions, and challenges calling on corporate, bank, or sovereign guarantees that secure the transaction.
Accordingly, we assist our clients by swiftly mobilising teams composed of individuals possessing the skills required to address the unique challenges of each claim. We take a “project management” approach when handling MLT claims, and work closely with stakeholders to ensure that priorities are identified early and addressed appropriately during the life of each MLT recovery project.