Working alongside the corporate risk management team our highly evolved methodology helps to maximise the effectiveness of a broker review. In our experience a review can range from a simple discrete health check of existing arrangements to a full-blown competitive tender. We also have an expert understanding of the right level of fees for the services required with a tried and successful fee level calculator that underpins negotiations. Our service includes analysis of the service level agreement (SLA) that is in place and through our proprietary SLA template enable our clients to codify the broker’s good service and ensure performance measures are jointly agreed and monitored. This template has been accepted by all the major London insurance brokers and we have delivered an AIRMIC Academy workshop on SLA’s.
Captive Feasibility and Performance Review Services
With our extensive experience of establishing, running, relocating and winding down captives and risk financing structures we can provide a broad range of advisory and review services. If you’re looking to see if a captive or cell captive is feasible, wanting to review the performance and ongoing viability of your captive structures, concerned about the appropriateness of your captive’s domicile, or simply worried about the performance of your captive manager we can give you totally independent advice.
Through a highly structured feasibility study we provide due diligence on a brand’s ability to stretch into wealth creation and wealth protection products and services. We advise on the selection and design of products, handle negotiation with insurance and investment carriers, provide business planning on the setup of regulated businesses, and develop implementation plans for the setup and running of in-house or outsourced operations.
We have delivered these services to a wide variety of firms across almost every major business sector and we are always happy to have an initial discussion to explore how we may be able to support you. Please visit our web site for more details.