Insurance Policy Drafting, Customization& Product Policy Design 

We assist insurers and intermediaries to draft insurance Policies that are up to the market demands as well es expected results for a particular transaction. Proper contract design require an indepth understanding of the vendor needs as well as legal and regulatory requirements with regard to both the products and services. We draft and conduct reviews of all types of contracts as well as insurance policies and assist insurers to avoid possible risks associated with poor drafting. Our approach is to undertake a thorough review of existing business models and operations, internal control tools as well as specific clients need in order to draft or customise the existing contracts to the requirement. Once a new product is floated in the market upon approval, it is pertinent that the Policies reflect its pecurial features in terms of conditions, terms, key role players with their mult-faceted and evolving roles and other insurance contractual and regulatory requirements. Relying on the general and or usual terms on the usual practice of "copy and paste" can be detrimental to the Company. This service therefore is useful to companies that wish to avoid transactional and service mishaps with associated risks  by having up-todate and compliant contracts and Policies in the conduct of business so as to maintain their customer base.

Insurance Policy reviews,interpretation and translation; 

One of the fundamental element of an enforceable contract is that parties' minds should be ad idem- in agreement at the time of formation of the contract. Language and proper understanding of the terms and sometimes their implications forms a basic tool towards obtaining such agreement of the mind and understanding by the parties. In insurance, having understandable contractual term is one of the ways of discharging the duty of disclosure on the part of the insurer. We help insurance companies to translate the insurance policies in the language of their customer without distorting the objective and intent embeded in each word and phrase forming the Policy. 

With vast experience on insurance law and practice built on judicial interpretation skills, we also assist the companies and their customers to give proper interpretation of the policy terms in light of law and insurance principles and help them diffuse possible entanglement that results from disagreements with regard to the true meaning and implications of the term

Insurance Claims appraisal: 

Claim settlement for an insurer is both a legal and contractual obligation. However, insurers face an array of claims and often times coated with fraud indicators due to systemic issues facing insurance industry the world all over. With vast experience in legal and regulatory systems and guidelines  as well as judicial resolution of insurance claim related disputes,  both locally and internationally including ICPs, we offer an insightful appraisal of complex claims that potentially may result into protracted disputes. 

What differentiate our service from other allied service providers in the field of claim is our legal touch and finese in evaluation and verification of every aspect of the submitted claim. We undertake a legal and regulatory dissection of all claim related processes, reports and documents to ensure that whatever decision the insurer make with regard to a claim is legally founded and thus fit for purposes of contractual and regulatory compliance as well as meeting the judicial test of fairness and probity. This is always a missing link in the insurers' and intermediary attempt to offer services and avoid repulcusions. GGAF Consulting Associate is here to guide and assist you all the way!

Insurance Litigation-case analysis, litigation strategy and technical support

There are instances where worse comes to worse, that litigation is inevitable. Preparedness is the bedrock of successful prosection or defence to any kind of insurance dispute. We offer an insightful expertise to insurance Companies as as well as lawfirms in their preparations particularly by making objective analysis of the facts constituting cause of action, the available materials to be relied on as evidence, and assist to identify holes that require fill-ups before appearance to a third party Neutral fact finder be it a Judge, Magistrate or Arbitrator. We also assist to lay out a concrete litigation strategy which is watertight and easy to execute and we provide technical support in all other incidental works including drafting and or reviewing drafts for purposes of pleadings and other judicial proceedings.

What differentiates us from other service providers in this respect is that our experts have a deeper understanding of the insurance language in terms of its practice, regulation, industry norms and  extensive experience of judicial orientation and approach both domestically and internationally on resolution of insurance related disputes specifically and financial and commercial disputes generally. The blend of both knowledge and experience makes GGAF Consultants the best guides in this respect that are able to offer valuable advise, which is precise and on point, only at a minimum consultation costs that do not disturb the litigation budget. You have a pressing and urgent matter, make an appointment and let us assist you to have it sorted to your extra satisfaction level!

Tailor-made capacity building in practical aspects of legal and regulatory compliance