Your team will be able to help you with challenges ranging from rating agency and capital management to managing earnings volatility and catastrophe management. Our services include:
-
Market perspective
- Monitoring reinsurance market trends to assist your risk management planning
- Identifying and accessing key market resources that meet your needs and bring the greatest value
- Market cycle analysis that is highly predictive of cycle changes in the primary market
-
Financial Advisory
- Forecasting management's strategic and tactical decisions on key financial statements, BCAR (Best Capital Adequacy Ratio) and Risk Based Capital scoring
- Operating metrics and financial stability analysis
- Rating agency advisory support including A.M. Best rating position analysis and relationship management
- Peer benchmarking for financial, reinsurance, investment, expense, and accounting metrics
-
Actuarial
- Willis Re's credibility analysis that produces a tailored frequency/severity loss model
- Simulation analysis to evaluate risk-return characteristics of various risk transfer strategies (reinsurance optimization)
- Actuarial assistance in assessing the potential profitability of growth plans
-
Catastrophe Analytics
- Assessment of exposure to earthquake, terrorism and industrial accident using major catastrophe models
- Assistance with rating agency questionnaires
- Access to the SpatialKey geospatial platform for informative pictorial mapping of risk exposures, aggregate concentrations, producer footprint, and more
-
Reinsurance contracts
- Workers' compensation segment reviews for commercial viability and coverage enhancement opportunities
- Workers' compensation contract writing reviews for regulatory compliance and contract wordings
-
Capital Markets
- Execution of the only major workers' compensation catastrophe bonds in the industry (four bonds placed to date)
-
Enterprise Risk Management (ERM)
- Formulation and implementation of ERM programs
- Enhancement of existing ERM programs
- Workshops/webinars for management/board