Welcome to JLT Independent

RESTRUCTURING & RECOVERY INSURANCE

The Insolvency & Bankruptcy Code (Code) was one the revolutionary reforms which got introduced in India in 2016, thereby enabled India to move several notches up from ease of Doing Business Index. With the Code, a new breed of professionals also got introduced - Resolution Professionals.

With the ever-evolving laws around the Code and multiple stakeholders to adhere to, the duty of the Resolution Professional continues to remain challenging.

Our restructuring and recovery team is recognised as a leading provider of insurance and risk management solutions in the IBC framework, for both resolution and liquidation.

We have designed bespoke insurance policy for the resolution professionals and liquidators, providing them insurance protection during the CIRP period and protection for long-tail.

Our risk engineers visit plants of the corporate debtors. We also analyse and review the insurance policies of the corporate debtors and monitor the insurance placement during the Corporate Insolvency Resolution Process (‘CIRP’) period. We also provide clients with indicative costs to assist with their budgetary requirements.

GET IN TOUCH

Sameer Rinwa

Director - Global Risk Group & Carrier Management, JLT Independent

022-45105907

sameer_rinwa@jltindependent.com

WHAT WE DO

We work closely with resolution professionals, reinsurers and legal advisers

Our expert team is highly experienced holding insurance, legal and risk engineering qualifications. Furthermore, we have access to expertise in other sectors within JLT Specialty including property, financial risks, aviation, marine and reinsurance.

Experience, innovation and partnerships are highly crucial to delivering specialist risk management solutions.

We provide some of the most innovative risk solutions for individuals and organisations working in the IBC space. By maintaining strong working relationships with major professional associations, member bodies and our clients, we ensure our services remain relevant to their needs.

WHY JLT

  • We can develop answers to your problems that are bespoke to you. We have the flexibility and connections with the market to build unique products specifically with you at their heart.
  • We will speak to you in a language you will understand, and we will explain any complexities so that you know exactly what service you are getting and what you are covered for. We can explain the particulars of your cover in a clear and concise way for your peace of mind. We believe that our clients should know how to activate their policy should they need to and our ability to provide clarity is fundamental to that
  • Our unrivalled relationships to the right insurers in the market, dealing with them every day, means that we can leverage not only the price but also the coverage
  • Our promise is to always provide wordings that are robust and evolving as your industry develops. We take into account new exposures which test the market. We ensure the most competitive package is available to you.
  • We do not outsource claims management. Our claims team works side by side with our broking specialists and are available to advise our clients whenever needed. This means you always deal with people who understand you and your business which is useful at the best of times but essential in the event of a claim.