Our risk-consulting specialists are here to support clients who are looking for solutions beyond traditional insurance, and who need an independent considered opinion at every renewal. We work closely with our placing team and are in daily contact with the ever-shifting markets – a crucial differentiator from traditional consultancy-only approaches. At any point in time, we know the types of packages and structures on offer, and from whom, and at what price. This means we’ll never recommend an option that simply can’t be bought.
Our services are independent, so we’ll only act in your best interests. You’ll have the confidence that, when you bring your proposal to the markets, you’ll have done rigorous stress-testing, looked at a range of alternative structures, and assessed a variety of risk-financing options. And because our risk consultants work closely with our placing team, it’s then a smooth and seamless transition to take your proposal to the leading underwriters. That said, our specialists are equally in demand from clients who don’t require our placement services, perhaps because they’re using captives and/or off-shore vehicles.
Services available
Our services include:
- Captive consultancy
- Total-cost-of-risk analysis
- Loss forecasting & programme design
- OIL advisory support
- Premium allocation
- Prism modelling software
- Actuarial support.
Analytics
We take a highly technical and analytical approach to risk consulting, linking together:
- Financial analysis of risk tolerance
- Natural catastrophe/terrorism modelling for exposure analysis
- Loss forecasting
- Business-interruption studies
- Cyber-risk analysis
- Shadow-rating of commercial market premiums
- Technical analysis of premium discounts for higher retention levels
- Pricing of alternatives (industry mutual & captive protections).
Supporting your decision-making
The insurance market can be volatile, so we believe analytics must be delivered in real time, alongside the placement process, and must factor-in the very latest market data and intelligence. We invest heavily in research & development, strengthening our access to such information as:
- Industry loss activity
- Premium rating trends
- Insurance market capacity
- Risk financing developments (captives, mutuals, etc)
- Natural catastrophe parametric products
- Weather risk protections
- Regional developments (activity levels, legislation and regulation)
Please get in touch
We’d welcome the opportunity to discuss how our risk-consulting specialists could be of service to you. Our key contacts are listed below.
View our glossary of insurance terms.Our Products
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Actuarial Support
We believe that large clients, brokers and actuarial firms should be using all the data and modelling tools available to them, obtaining a far better insight into the risks and rewards of alternative risk-financing strategies.
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Captive Insurer Consultancy
Do you need a subsidiary captive insurance company? Or if you have one, do you need to diversify your risks – or even close it down?
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Loss Forecasting & Programme Design
Put the analytics into your decision-making: we can help you get a better understanding of your risks and to seek better value from your insurance programme.
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Oil Advisory Support
Our analytics specialists have many years’ experience working with large clients to evaluate insurance structures involving the Oil Insurance Limited (OIL) mutual.
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Premium Allocation
We’ll cut through the complexity and help you to plan the optimal premium allocation schedule. We’ll also help you to present it positively to each business unit or location.
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Prism Risk Modelling Software
Prism will model your exposure to major natural catastrophe events and terrorism attacks, highlighting where your insurance programme needs attention.
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Total Cost of Risk Analysis
The vagaries of international financial markets, and the unpredictability of Mother Nature, require large organisations to be covered by suitable corporate insurance programmes. But they’re complex and costly, and you may need specialist support.
