PROPERTY & FIRE
TVPL delivers innovative services & solutions across a broad spectrum of insurable & non-insurable risks. Our specialized claims expertise helps you to reduce claims costs to manage risk.
Our team has substantial experience in handling not only small and mid-size claims, we have expertise in managing large and complex claims for insurers all over Pakistan. Our strong account management skills and technical expertise are ideally suited to handle almost all types of Property and Fire claims.
We have in depth knowledge of policy covers and a thorough understanding of local laws. Our reports are valued for their detailed explanation into the nature and extent of damage, policy cover, recovery, reserving and guidance on loss mitigation.
We have detailed knowledge of handling claims in the following areas:
- Commercial and Industrial fire.
- Natural perils, including storm, flood and earthquake.
- Associated business interruption.
- Machinery breakdown.
- Terrorism claims.
- Commercial theft, transit and all risks claims.
At TVPL we have handled some of the largest Fire and Property Damage Losses of Pakistan and Across the Border in Afghanistan.
INSURED: | M/s Orient Electronics (Pvt.) Ltd. |
BUSINESS: | Damage to stock of finished goods, raw material, contents, building, equipment, machinery. |
POLICY: | Fire & Allied Perils Insurance. |
TYPE OF LOSS: | Physical Fire |
CLAIM: | PKR 2 Billion |
INSURED: | M/s. Tauseef Enterprises (Private) Limited |
BUSINESS: | Damage to stock ( finished/semi-finished, in process and raw material),office appliances, machinery and building |
POLICY: | Fire & Allied Perils Insurance. |
TYPE OF LOSS: | Physical Fire |
CLAIM: | PKR 751 million |
INSURED: | Mekotex (Pvt.) Ltd |
BUSINESS: | Manufacturer and Exporter of Cotton Fabrics |
POLICY: | Fire and specified perils |
TYPE OF LOSS: | Fire loss at Factory Premises |
CLAIM: | Approx. PKR 600 million |
INSURED: | Dalda Foods Limited |
BUSINESS: | Manufacturing, Marketing and & Distribution of Edible Oil |
POLICY: | Fire & Allied Perils |
TYPE OF LOSS: | Fire loss at Insured’s Warehouse. |
CLAIM | PKR 650 million |
INSURED: | Ministry of Energy and Water Afghanistan A/c KEC International Ltd. |
BUSINESS: | Erection and Commissioning of Power Transmission Projects. |
POLICY: | Erection All Risks Insurance. |
TYPE OF LOSS: | Property Damage to Transmission Line Tower due to terrorism attack (Saydabad, Ghazni Section) Afghanistan. |
CLAIM: | USD 2.2 million |
INSURED: | Ministry of Energy and Water Afghanistan A/c KEC International Ltd. |
BUSINESS: | Erection and Commissioning of Power Transmission Projects. |
POLICY COVERAGE: | Erection All Risks Insurance. |
TYPE OF LOSS: | Flood Damage to Substations |
CLAIM: | Euro € 1 million |