Insurance registration and claims administration cost me too much time.
Wallem prepares all the insurance needs for vessels, and also handles all processes when claims come in. With the large volume of vessels we have insured we get more favourable rates. Wallem handle all claims with an experienced team. Hull Underwriters and P&I Clubs are regularly checking our operating procedures and what we do in regard to getting skilled and experienced crew, what loss prevention training is given, what bridge management training is done. They are also aware of our good loss ratio and therefore quote reasonably.
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