Balancing risks and opportunities begins with a strong risk management function that increases understanding, provides options and adds value. We quickly assess your current function, identify opportunities for improvement and refocus resources to maximize returns, providing outsourced risk management resources as necessary.
We reduce your total cost of risk, including retained losses, insurance premiums and vendor service fees, and analyze each cost area to focus on the greatest opportunities. By benchmarking areas such as workers’ compensation losses and costs, insurance premiums, vendor fees and loss trends, we identify targets to achieve the highest returns.
Insurance is only one of the tools in the risk management toolbox. We look beyond this solution to find the best ways to manage risk exposures based on data and market knowledge.
Our Risk Management Advisory services include:
- Outsourced Risk Management
- Risk Management Function Review
- Broker / Vendor Selection Support
- Alternative Risk Review including Captive Feasibility
- Merger and Acquisition Risk Management Planning and Organization
- Claims Management Analysis and Process Improvement
- Contract Review and Insurance Compliance Services
- Insurance Cost Benchmarking and Total Cost of Risk Reduction
Marc Sherman featured in Financier Worldwide Roundtable on M&A Insurance - 2024
August 1, 2024
In a recent roundtable for Financier Worldwide, Marc Sherman shares his perspective on the latest trends including the increasing use of insurance in the acquisition marketplace, developments in insurance offerings, the benefits of claims experience and using insurance products to manage transactional risk.
Blueprint II: Assessing London's Insurance Market on its Digitalisation Journey
April 11, 2024
The Blueprint II programme sets an ambitious mission to digitise the London insurance market, aiming to enhance its efficiency, agility, and cost-effectiveness. Read our latest article to successfully navigate Blueprint II.
2024 Key Insurance Themes for the Year Ahead
January 30, 2024
Embarking on 2024, the insurance industry stands at a pivotal juncture. Following a year of profitability driven by increased investment returns, higher interest rates, and premiums in 2023, the industry is confronted with a fresh set of challenges as economic forces slowdown and megatrends such as complex geopolitical risk, technological advancements, and increased cyber-security risks reshape insurers’ operational strategies and challenge established risk and profit models.
Anticipating The Future: The Evolution of Complex Claims Management
January 4, 2024
Across the global insurance landscape, multiple megatrends are converging, changing the nature of risks that communities, entities and businesses are exposed to. In our latest paper, we share how five megatrends drive profound impact across the insurance industry and complex claims management.