Quoting, survey and subscription
Quoting
The quoting process starts with gathering detailed information about the construction project: project owner, property details, and town-planning documentation.
Once collected, OIB Solutions applies the carrier’s underwriting rules, including any surcharges or discounts, and can provide an initial price indication to the client.
File review
The review step analyses project documentation in detail. It ensures that all required information and documents are present and up to date.
It includes reviewing companies involved, updating information, and handling missing documents. For each party, stored estimates help reassess the initial construction cost. When the review is complete, the construction cost is known more precisely and a formal offer can be issued.
Contract finalisation
Finalisation happens after the offer is accepted and the premium is paid. The policy is generated; additional documents may be required for the build period.
OIB Solutions supports payment traceability and invoice issuance.
Management after works begin
Re-invoicing and changes in risk exposure
At the end of the works, the contract may need to be re-evaluated, including collection and review of new information to issue the end-of-works amendment.
That amendment closes the file and triggers the long-term cover. If material changes occurred during construction, an adjustment invoice reflects them so the cover remains appropriate.