Our Role & Services backup20190910 - Cosmos Services Company Limited

Our Role & Services

Our Role

What kind of insurance we need?Is the current coverage is sufficient?Who is the best insurer of us?How to judge if our premium is reasonable?How to handle the claim cases?

Cosmos can provide suitable solutions customized for each client’s issues related insurance

Introduction of the services & our network

HQ

Hong Kong

Provide corporate clients with the full range of insurance services, including advice on insurance placement, the claim settlement, and arrangement of specialty insurance such as Professional Indemnity, Credit and Product Recall Insurance.

Subsidiaries

Thailand

Siam Cosmos Service Co., Ltd.
Provide insurance brokerage services for local & international corporate clients. We also provide retail insurance solutions.
(click the link for more information)

Vietnam

Cosmos Services (Vietnam) LLC
We are an administrator of “Honda Plus” Membership Programme for Honda Vietnam and its customers.

What is the role of Cosmos (Broker)?

Client

What kind of insurance we need?
Is the current coverage is sufficient?
Who is the best insurer for us?
How to judge if our premium is reasonable?
How to handle the claim cases?

Where can I consult?

Cosmos can provide suitable solutions customized for each client’s issues related insurance

Our comprehensive services include:

Provide latest market information

Find best solution for the client as client's agent

Multi language support (Japanese, Cantonese, English, Mandarin)

Insurance analysis

Insurance proposal

Negotiation with Underwriter (Insurer)

Claim services

Consulting Service for Employee's Benefit

Group Medical・Group Life Insurance, Pension Scheme

Medical Check Up

Comprehensive communication services will be done by the broker

Related Parties Purpose
Trustee / Financial Company MPF, Pension , Reserves,
Insurance Company Conditions, Underwriting
Surveyor / Loss Adjuster In case of loss
Reinsurance Brokers When the risk is not able to cover by one insurer. Special risks
Reinsurance Companies

Insurance Broking and Consultation Service

We provide clients with the full range of insurance services, including advice on insurance placement, the claim settlement, and arrangement of specialty insurance such as Professional Indemnity, Credit and Product Recall Insurance.

Insurance Analysis

Sufficient insurance cover against latent risks ?
Reasonable premium? Suitable conditions? (Collecting and Comparing the most up-to-date information)
Efficiency of your insurance administration?

Insurance Proposal

Planning of necessary cover and conditions
Planning of comprehensive management and minimization of your work load
Choice of Underwriter

Negotiation with Underwriter (Insurer)

Reliability of Underwriter?
Flexibility with client’s request?
Ability of the claim settlement?

Claim Services

Assisting our clients with the preparation of the submission of the required claim documentation
Timely and expert advice on claims matters
Representing our clients in discussions with insurers, loss adjusters and other parties in connection with the claim
Experienced claims resources to understand your needs and assistance in loss prevention and loss control

Consulting Service for Employee's Benefit

We can provide you with the consultation and application services on review and establishment of your Medical Scheme, Condolence Scheme and Pension & Retirement Scheme. We handle more than 200 Employee’s Benefit Scheme in Hong Kong.

Group Medical・Group Life Insurance, Pension Scheme

Provision of the Analysis Report/Proposal/Scheme Comparison/Time Schedule
Preparation for a briefing session for employees (e.g. Briefing Material, etc.)
Negotiation with Underwriter/Trustee
Application Support for the introduction of employee’s benefit
Provision of Market Information for Medical & Life Insurance/Pension

Medical Check Up

Management of reservation for Annual Medical Check Up, Vaccination
Management of the result of Medical Check Up, Translation Service
Negotiation with Medical Check Up Centre (e.g. Price, Improvement of service)
Collection and Provision of Market Information

Thailand

Siam Cosmos Services Company Limited

Class of Insurance Description of Risks
Industrial All Risks Cover all direct sudden and unforeseen physical loss of or damage to the property insured as terms, conditions and exclusion of the policy.
Business Interruption Cover consequential loss due to interruption of business as a result of loss or damage to the property insured by peril covered under Industrial All Risks.
Marine Cargoes Cover loss or damage to the insured goods or merchandise while being transported internationally.
Inland Transit Cover loss or damage to the insured goods or merchandise while being transported by land domestically.
Money Cover loss of money in premise and outside the premise whilst in transit caused by robbery, burglary or any attempt thereat.
Fidelity Guarantee Cover the Insured against losses caused by one or more dishonest or fradulent acts of the employee (s) of the Insured which result in any improper personal financial gain for themselves.
Burglary Cover the property insured arising from theft, robbery, gang robbery including loss or damage arising from any attempt threat.
Carrier Liability Cover loss arising out of the Insured's legal liability to any person having a legal right to the property entrusted by him for the Insured's care, custody or control during transportation.
Public Liability Cover to pay compensation on behalf of the Insured for loss or damage to third party which the Insured shall become legally liable to pay as a consequence or result of an accident arising from operation in connection with the Insured's business.
Cyber Risks Cover to pay compensation on behalf of the Insured for loss or damage to third party to whom the Insured shall become legally liable in connection with or as a result of any activity and/or operation of business conducted and/or contacted through internet, intranet, extranet and/or website of the Insured, internet site, website address and/or through electronic mails or electronic transmission of documents.
Product Liability Cover to pay compensation on behalf of the Insured for loss or damage to third party which the Insured shall become legally liable to pay as a consequence or result of their products.
Professional Indemnity Cover to pay compensation on behalf of the Insured for loss or damage to third party which the Insured shall become legally liable to pay as a consequence or result of their professional liability.
Directors & Officers Liability Cover to pay the loss of each Insured resulting from any claim first made against the Insured for any wrongful acts in the Insured's capacity as a director or officer of the company.
Trade Credit Cover seller for the protracted default and insolvency of the buyers.
Contractor All Risks Cover contract works of principal or contractor and/or sub-contractor and cover to pay compensation on behalf of the principal or contractor and/or sub-contractor for loss or damage to third party resulting from their contract works.
Erection All Risks Cover erection works of principal or contractor and/or sub-contractor for machineries and cover to pay compensation on behalf of the principal or contractor and/or sub-contractor for loss or damage to third party resulting from their erection works.
Motor Cover to pay own vehicle and to pay compensation on behalf of the Insured for loss or damage incurred to third party which the Insured shall become legally liable to pay as a consequence or result of accidents arisen out of the use of vehicle or its cargo or accessories.
Group Life Insurance Cover loss of life for 24 hours and worldwide coverage.
Group Accident Insurance Cover loss of life and dismemberment caused by accident.
Group Total PermanentDisability Cover the insured member which becomes Total Permanent Disability cause by both sickness and accident.
Group Health Insurance Cover for compensation of the medical treatment expense in case of sickness and accident and must be instructed by the practitioner.