Program Design And Implementation
Firstly Start with the Business
Insurance is a product that is sold like a suit. Lots of styles and lots of options. Unfortunately there are very few people that actually spend time getting properly measured and spend time on working out what they want.
So the first thing we do is to understand you business, what is critical, and what is not, and why you need to buy each individual Insurance product.
Seriously if you are never going to wear a waistcoat why buy one?
Then the Risk appitite
So how big is the company ? How much risk are you comfortable to take ? and at which point do you call it quits ?
It’s called appetite because Insurance is the meat in a sandwich; you have the company’s retention (Deductible, Excess, SIR) then the Insurance and then the Limit of liability at the top, What are you comfortable with ? or can afford?
Finally the design
Once we have all the necessary information on the company its operations and risk appetite, we can design a program and the associated infrastructure that fits your needs.
From captive led cross-class multi-jurisdictional parametric programs, to mono-jurisdictional, mono-line indemnity programs, We can work with your brokers to structure them and their associated policies, and to place them to your best advantage.
