Intech Insurance Surveyors & Loss Assessors: Boasting over Three Decades of Expertise in the Loss Adjusting & Surveying Industry
P. Sowjanya Kumar
Chairman & Managing Director
Survey and loss assessment services in Asia are undoubtedly the biggest market in view of the highest population. However, when compared to other territories, insurance penetration is quite low. Insurance needs to be more widely available in order to cover the maximum number of risks, human lives in particular and properties in general. Every year, NAT CAT catastrophes occur in Asia, causing massive property damage to be reported. Property losses, unlike motor vehicles, are more difficult to handle claims for. The loss adjudicators must have a good understanding of insurance policies, insurance factors based on geography, and laws of the land.
The loss adjustor must be qualified, experienced, and have soft skills in order to deal with the client and bring the claim to a successful end. So far, 75 percent of people in Asia are not protected by insurance, according to research. Most events are paid for by insurance premiums due to banker compulsions or obligations, and statutory or regulatory complaints. If insurance is done by “Choice”/voluntary by the public, the economy grows, the industry creates more employment, and the requirement for loss adjusters increases, leading to the conclusion that growth is dependent on insurance penetration.
Intech Insurance Surveyors and Loss Assessors is one such renowned player in this space positioned as the top loss adjusting companies in India with presence across the nation. The management has a long-standing experience in the field, having worked in the departments of Fire, Marine, Engineering, Motor, LOP, and Miscellaneous insurance since 1994 and being represented by all public and private insurance firms in India. INTECH is particularly well-known for handling volumes in NAT CAT losses such as HUDHUD, Kerala Floods, Fani, Amphan, and other large losses.
Intech Insurance Surveyors has established itself as one of the most preferred surveyors by rigorously adhering to the ethics, morality, and code of conduct of regulatory and statutory authorities. The firm believes in being a part of the solution to any given challenge and bringing it to a successful conclusion in any complex claim or situation.
INTECH constantly employs Avant-grade strategies to ensure that it always does the best for its clients while being in conformity with the market’s ever-increasing needs. “We lay our strength in providing more reliable, prompt, unequivocal, and innovative services, leveraging advanced technology and focusing more on client communication, responsiveness, and
tangible outcomes", adds P. Sowjanya Kumar, Chairman & Managing Director.
INTECH predominantly offers Insurance Property claims survey and loss assessment/adjustment, Property Valuations, Claim investigations, Risk inspections, and Chartered Engineering Certifications. Significantly, the firm is known for handling NAT CAT losses as well as large and complex property claims. Since 1994, INTECH has provided services to all General Insurance companies, gaining a high reputation and exposure to handle all types of claims, including complex claims. INTECH is a distinct surveyor company by its Core Values, Core Philosophy, and Strategic Approach. It promises and practices the highest levels of professional integrity, honesty, and trustworthiness while handling the given jobs and also in all its relationships.
INTECH’s team comprises a wide range of diversified professionals, including qualified loss adjustors as well as highly qualified technical staff from various fields such as Civil, Mechanical, and Electrical Engineers, Management specialists, Chartered Accountants, and Economists with extensive industry experience. The proficient team of experts offers high-quality professional services in the areas of Insurance Claims Survey and Loss Assessment, Insurance Claims Investigations, Property Valuations, and Property Risk Inspections, with a clear vision, to be synonymous with professionalism and teamwork, as well as maintain a high level of integrity, transparency, trustworthiness, and confidentiality. “At INTECH, adopted a philosophy of perpetual training to cope with changes in the insurance sector, believing in the notion of 'sharpen the saw' by updating knowledge and brushing up on the fundamentals", P. Madhu, Executive Director.
Journey of Excellence
INTECH has had a phenomenal journey since its inception in1994 and continues to have industry support while maintaining the status of most preferred surveyors by insurers, intermediaries, and insureds. Most clients prefer to keep INTECH as their designated loss adjuster in the events of claim. This happened only due to adopting important practices such as handholding of clients and insurers, thorough grasp of claim insights, the highest degree of transparency, helping both parties comprehend, maintaining TAT, and practicing the finest professional standards with integrity and honesty.
INTECH is currently present in east, north, south, and central India with offices in Andhra Pradesh, Tamil Nadu, Karnataka, Kerala, Madhya Pradesh, West Bengal, Orissa, Bihar, Delhi, Assam, and Jharkhand. And, as it strives to achieve new heights, INTECH anticipates conquering the west in the near future, becoming India’s largest Loss Adjusting Company and spreading its footprints globally by 2025. All in all, the firm’s core objective is to provide high-level professional services in the areas in which it operates, with a clear vision of becoming synonymous with professionalism, integrity, transparency, teamwork, and TAT.
Intech constantly employs Avantgrade strategies to ensure that it always does the best for its clients while being in conformity with the market’s ever-increasing needs
P. Sowjanya Kumar, Chairman & Managing Director
P. Sowjanya Kumar, Chairman & Managing Director
The Chairman & Managing Director of Intech Insurance Surveyors, P. Sowjanya Kumar, holds degrees in mechanical engineering, law, real estate valuation, & general management from the Indian School of Business. He is also a registered valuer with the Insolvency & Bankruptcy Board of India & is a certified member of the Chartered Insurance Institute in the United Kingdom. P. Sowjanya is a member of the FIV Fellow of the Institute of Valuers, MIE Member of the Institute of Engineers, and FIISLA Fellow of the Indian Institute of Insurance Surveyors & Loss Assessors