Solutions for Discontinued Insurance Business / Corporate Liability Management

The Solutions for Discontinued Insurance Business / Corporate Liability Management (CLM) team has access to more than 200 specialists focusing on providing restructuring and operational consulting services to companies in the insurance industry with run-off business.

Issues being faced by operations around the world where the team is able to provide advice, support and assistance include:-

  • the need to bring finality to run-off and extinguished liabilities;
  • the requirement to release capital from run-off and consider options such as sale or transfer of liabilities;
  • the need to rationalise operations to achieve operational efficiency;
  • the need to proactively manage in-house or outsourced run-off, including the development of a robust outsourcing contract, to maximise shareholder value; and
  • the need to benchmark the claims and reinsurance functions to assess their effectiveness or otherwise.

Issues you may be facing:

Insurance advisory

  • You are a corporate with potentially significant or complex claims problems
  • You want to be more certain about liabilities and look for opportunities to release capital
  • You want an independent view on the effectiveness of your claims and reinsurance operations
  • You want to proactively manage your run-off to maximise shareholder value.

Solvent schemes of arrangement

  • You want to bring finality to your run-off and extinguish all liabilities
  • You want to release capital from your run-off
  • You want to maximise the value of your run-off.

Insurance insolvency

  • You are worried about the solvency of an insurer or broker
  • You are a director requiring advice in the event of potential insolvency.