Latest update May 13th, 2024 12:59 AM
Oct 08, 2015 News
Just about two months after a disastrous fire on Robb Street gutted two buildings and scorched another, Diamond Fire and General Insurance Inc, on Tuesday settled a relatively large claim for over $70M with the owners of one of the insured buildings, RNK Investments Ltd.
This claim was negotiated for its full settlement through Raj Singh Insurance Brokers.
According to the Guyana Fire Service, the cause of the fire was said to be a leaky gas line in one of the buildings.
Raj Singh Insurance Brokers & Risk Management Consultants Inc., in its usual prompt and professional response to the needs of its clientele, ensured a speedy settlement. The Broker worked very closely with the adjusters from Trinidad, during the course of their investigations on this claim.
Both the client and the Brokers are extremely pleased at the swiftness and efficiency that the Insurer executed the settlement of this claim. They said that this should be the manner in which valid claims that do not have any complications, are settled by all insurers.
There are still a few other claims outstanding from this fire with GTM, Assuria and a few other insurers. The two entities hope that the claims will be settled in like manner very shortly.
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