Often, insurance is purchased as a “check the box” effort, with minimal thought given to the organization’s retention and transfer strategy or to why insurance is the chosen method of risk management.
We provide a holistic solution to why, how, and when insurance is used as an efficient risk management tool, with services including:
We provide a holistic solution to why, how, and when insurance is used as an efficient risk management tool, with services including:
- Insurance Purchasing Frameworks
- Risk retention and transfer strategies
- Data organization
- Global insurance program design
- Brokerage and insurance company relationship management
- Insurance policy design and structure
- Claims process evaluation and automation
It takes the right team to develop a comprehensive insurance program and design KPI’s to manage the vendors needed to run the program. We help you manage the insurance vendor process, with services including:
- Vendor performance evaluations
- Vendor competitions
- Vendor KPI development and evaluation
Captives can have an important role in your overall risk strategy by enhancing operational and tax efficiencies.
Our professionals work closely in the design, formation, and implementation of captive programs with services including:
Our professionals work closely in the design, formation, and implementation of captive programs with services including:
- Feasibility and licensing support
- Implementation
- Re-feasibility (utilization Study)
- Post-merger restructuring
Risk and insurance management are specialized functions that require technical experience to properly manage the function while keeping an eye on costs of employee headcount, payroll, and related benefits. We provide flexible models in the areas of:
- Outsourced insurance risk management
- Limited engagement staffing
- Co-Sourced insurance risk management
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