The insurance environment is a changing and dynamic world and insurance is a component of business that cannot be ignored.
Our Insurance Consulting team draws on a wide range of experience to assist with all aspects of an insurer’s or a corporation’s insurance needs.
How PwC can help you
We offer a comprehensive range of consulting services in all aspects of insurance, including:
- Insurer process improvement, function and cultural change
- Operating cost analysis
- Claims leakage analysis
- Review of claims processes and procedures
- Claim run-off management
- Review of adequacy of declared values and limits of liability
- Buyer side risk and insurance due diligence
- Complex claim reviews
- Claim dispute resolution
- Assessment of asset, business interruption and liability covers
- Broker tender management and assessment
- Uninsured loss recovery
- Alternative Risk Transfer and Captive advice
Our recent engagements have included:
- Reviewing the claims management procedures followed for a client in the energy industry
- Assessing the adequacy of reserves for an insurer’s public liability and professional indemnity portfolio
- Reviewing a corporation’s insurance policies in each of its subsidiaries to form one consolidated policy for the group
- Assisting government agencies with the assessment of insurance cover requirements
- Reviewing the policy and the adequacy of sums insured and limits of liability for a retail client
