Business case

​Analysis of business cases to support both in-sourcing and out-sourcing decisions as well as cost optimisation decisions are completed based on the needs of the client.  Considerations often include financial costing regulatory changes / requirements, strategic needs or changes in strategy, and other items which are relevant for each case.

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Development of insurance products

Our Consulting services include understanding the needs of the organisation and purpose of the product.

We assist in the design and development of insurance products. 

 

This includes:

• The following items are evaluated as part of the process:

• TCF – client needs analysis and fair pricing determination

• Costing and profitability of insurers and reinsurers

• Accounting treatment

• Tax treatment

• Policy wording

• Reinsurance requirements assessment and discussions with relevant reinsurers to ensure the product is correctly included in the treaty.

 

Enterprise Risk Wide Management Consulting

Risk analysis including setting up of risk registers and determining mitigations to assess risk exposures of a business.  In addition this is a tool that is used to determine the risk appetite of an entity, quite often not considered during the normal course of business.

 

Compliance advisory services

• Compliance officer services on a consulting basis to insurers and cell captives.

• Gap analysis of compliance policies and processes and advice on ensuring compliance with regulatory requirements.

• FSP applications

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