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Insurance Advisory
Finding someone to sell business insurance to your company is easy. Finding
insurance and sage risk advice that’s specific to your business, well
that’s complicated.
Without
knowledgeable independent oversight, organizations will often find
themselves over-paying for inadequate coverage. Our goal is to help our client-partners minimize their insurance
premiums, while at the same time obtain the broadest possible coverages available in the insurance marketplace.
Some of our Most Requested Insurance Advisory Services:
 Insurance Coverage Audits/Reviews
Exposure Analysis
Broker/Insurer Competition
Develop Risk Profiles (silos or
enterprise-wide)
Design of Insurance Specifications for
Competitive Bidding
Analysis and Evaluation of Quotations
from Brokers and Insurers
Insurance Program Monitoring &
Management
Self-Insurance Feasibility Studies
Claim Preparation, Negotiation and
Audits
Cost Allocation Systems
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Risk Management
In addition to insurance advisory, we also specialize in risk strategies
that go beyond the procurement of insurance. Proper risk due diligence and
contractual risk shifting, plus alternative risk transfer solutions and
strategies that turn risk into opportunity, are what separates us from
insurance-only advisors.
Some of our Most
Requested Risk Management Services:
Enterprise-wide Risk Management
Risk Mapping
Risk & Insurance Assessment as part
of M&A Due Diligence
Outsourced Risk Management
("rent-a-risk manager")
Risk Process & Product Design
(integrated disability, etc.)
Alternative Risk Transfer and Finite
Risk Transfer Solutions
Risk Securitization
Intellectual Property Strategies
Evaluation of the Organizations Risk
Value Chain
Operational Reviews (benchmarking, best
practices, etc.)
Expert Testimony
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Risk and Insurance Due Diligence
In addition to insurance advisory and risk management, we specialize in
risk and insurance due diligence. Astute acquirers have realized that the
due diligence process is not complete without a thorough review of the
target’s assumption of risk (Risk Profile) and the historical efficacy of
their insurance programs (Risk Transfer), for both downside and upside
potential. These engagements can not only provide transaction support to
organizations (and their advisors) for outbound diligence, but can also be
effectively deployed in advance of inbound due diligence.
Some potential
benefits of Risk and Insurance Due Diligence:
Thorough Understanding of
the Target’s Risk Profile and its Implications
More Informed Drafting of
Insurance Language in Merger Agreement
Better Understanding of
Potential Claims Reserves Inadequacies
Improved Recognition of
Potential Collateral & Ancillary Requirements
Understanding of
Implications of Loss Sensitive Programs & Self Insurance
Identification of Issues to
be Addressed Pre/Post-Signing and Post-Closing
Awareness of Likely
Integration Challenges in Insurance & Risk Transfer Programs
Leverage to Negotiate Risk
Adjusted Purchase Price
Overall: A Better,
Risk-Informed Acquisition Process
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