Insurance Sector

Insurance Sector

TCR Advanced is a trusted service partner for few of the major insurance companies in India such as Life Insurance Corporation of India, Bajaj Allianz General Insurance, New India Assurance, ICICI Prudential Life Insurance, IFFCO TOKIO General Insurance, ICICI Lombard General Insurance, Oriental Insurance, ICICI Lombard General Insurance, Bhatawadekar Insurance Surveyors and Loss Assessors, Proclaim Insurance Surveyors and Loss Assessors, Cunningham Lindsey International Insurance Surveyors and Loss Assessors, Mehta & Padamsey Insurance Surveyors & Loss Assessors among others.

Many manufacturing and process industries have to endure catastrophic failures, fires, and accidents that lead to damage, delays, loss in production as well as manpower problems. This has obvious financial implications, hence organizations and industries have to safeguard against such losses and insure their assets. For insurance companies, it is neither pragmatic nor economical to have multiple industry-specific teams to assess technicalities and the authenticity of claims. As a consequence, neutral third party opinion like that of TCR Advanced is of paramount importance in settling claims. TCR’s expertise is regularly sought by leading insurance companies for its impartial, reliable and ethical assessment of claims.

TCR Advanced Client Advantage

TCR Advanced conducts a comprehensive failure analysis by providing a 360-degree perspective on all aspects right from metallurgy, material integrity, operating conditions to repair and maintenance. Since such claims come under the techno-legal purview, an independent unbiased assessment from a third party is of paramount importance. TCR has undertaken failure investigation of inner pipe leak in spool piece of jacketed pipeline, failure investigation of electronic equipment, fire damage assessment of dryer and failure investigation of rollers.

TCR Advanced has expert teams consisting of industry experts and professionals who have deep domain knowledge to conduct accurate claim assessments. TCR is a one-stop solution provider with quick response time and is known for its integrity and reliability.

Insurance Sector

TCR Advanced Expertise

Few of the major insurance companies across India seek TCR Advanced’s expertise for assessing and managing claims. TCR’s insurance due diligence helps companies assess historic, current and future risk exposures while ensuring financial implications are understood and included in the assessment. TCR’s teams consist of industry veterans who not only have domain knowledge but also technical skill sets to undertake complex challenges. TCR Advanced has worked on several claims that included fire or explosions, process upset, failure of components, wrong material selection/manufacturing defects and improper storage transportation and handling.

Unique Capabilities

1. Damage assessment

2. Root cause analysis

3. Structural and design verification/evaluation

4. Metallurgical Integrity of component

5. Fitness for service



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Key Insights & Knowledge

Gain insights, learn and benefit from TCR's intellectual diversity. TCR has acquired in-depth knowledge by serving global clients across geographies in the fabrication industry. Download our powerful client case studies for a unique perspective and expert analysis. TCR teams go beyond the obvious to create value in unprecedented ways for their clients

Investigation of Jacket Pipe Polymer Line


Failure investigation of electronic equipment


Investigation of Fire Damage Assessment of Dryer


Investigation of Plate Of Batch Kettle Reactor