Business Insurance:

Businesses

At GRUPO PACC we have a thorough understanding of the business world, as well as its risks and coverage needs.

In line with this reality, we have a specialised unit for companies and public administrations. This unit arises from the need to provide specific solutions to our clients in arranging insurance and in risk management.

Cost savings with maximum benefits

At GRUPO PACC we assess our clients’ risks and, in accordance with our professional judgement, through independent and objective advice, we design the insurance programme by presenting the best offer, with the clear objective of achieving cost savings with maximum benefits.

With regard to the handling and settlement of claims, we carry this out through an agile, transparent and immediate process, applying all our resources and technical expertise in defence of our clients, placing at their disposal our loss-adjusting and legal departments.

Risk management

The well-known saying “Prevention is better than cure” reflects the essence of risk management and its importance. Any action aimed at preventing a claim that could jeopardise the company’s operations forms part of risk management.

It encompasses both preventive measures and the possible consequences of an accident, with the aim of minimising them and preventing them from affecting the normal development of the company’s activities.

Likewise, sound risk management must address matters related to employees’ social benefits in order to comply with commitments undertaken by companies in collective bargaining agreements, benefit plans, as well as corporate restructuring programmes through the design of policies for collective redundancy procedures and early retirement.

We have two key strengths that allow us a clear positioning in the market with our clients. Two exclusive products that provide significant added value:

PACC ALL RISK
Our damage insurance with a package of clauses that address specific needs in the business world, making the All Risk damage policy more streamlined.

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PACC BUSINESS PROTECTION
A complement to our damage product with a wide range of services such as loss-adjusting in the event of a claim and legal assistance for amicable or judicial recovery in case of discrepancies in the insurers’ interpretation of the claim.

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Credit Department

Comprehensive protection for all types of companies.

Our clients have access to a specialist credit insurance department to provide comprehensive protection for companies, whether multinationals, SMEs or professional groups.

We adapt both the product and our service to their characteristics and needs, managing all alternatives available on the market. We also support our clients in protecting the collection of invoices by implementing tailored solutions.

Credit Insurance Policies:

• Traditional
• Excess of loss
• Single risk
• Groups of clients
• Single risk

Non-recourse factoring

Tools to assist in Credit Risk Management

Management of recovery of unpaid invoices not covered by the Insurance, both nationally and internationally

International Programmes

International programmes allow corporations and companies to maintain active risk management, respecting regulations and ensuring good local service, resulting in optimisation of costs and cover.

From the Corporate Division of GRUPO PACC, we manage risks for companies even when they have facilities or subsidiaries outside national territory

In these cases, our role is to provide our clients with expert advice in order to implement an appropriate international insurance programme. This is the turning point for the company’s secure growth.

Currently at GRUPO PACC, we have collaboration agreements with local brokers, among others, in the following countries:

• Brazil
• Chile
• China
• Colombia
• USA (Florida)
• USA (New York)
• USA (Texas)
• El Salvador
• France
• Honduras
• Jamaica
• Morocco
• Mexico
• Nicaragua
• Panama
• Peru
• Portugal
• United Kingdom
• Dominican Republic
• Romania
• Trinidad and Tobago
• Vietnam

Advantages of an international programme:

Optimisation of costs and cover through appropriate operational management, enabling us to reduce potential coverage gaps while respecting the legislation of the various countries, in order to achieve the best local service