AGM Abogados provides an external service to collect unpaid premiums through a process that not only gives clear economic benefits when the amounts not paid by policyholders are credited to the company but also provides the possibility of annulling the policies deemed appropriate from an economic standpoint. This eliminates future risks and has also a direct impact on the company’s accounting by cancelling unnecessary provisions.
We have professionals specialising in the sector and, since 2011, we have managed the collections for large insurance companies, with a 41% success ratio in collections just in the extrajudicial phase, i.e. even before initiating legal proceedings.
2. Directly claim the policyholder (within 6 months of the policy’s effective date):
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