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GENERAL INSURANCE REVIEW AND RELATED SERVICES

For many forms of risk management or general insurance assignments, I will tailor the service to meet your needs. I can either be kept on retainer in a continuous consulting capacity or can perform a specific assignment in any of the areas listed below, depending on your requirements:  (Refer to Library section for more information on some of the areas I deal in - Most areas other than life insurance).

Some of the types of service offered are:

1. General insurance and risk management reviews.
2. Review of insurance policies to determine their effectiveness and to identify shortfalls.
3. Wording comparisons and commentaries. Creation of manuscripts. Interpretation of insurance policies.
4. Analysis of business contracts for assumption or transfer of risk.
5. Insurer stability commentary.
6. Alternative Risk Financing and Captives. / Reciprocal Insurance Exchanges - (Canada - except Quebec)
7. Tender / RFP Process.  Where appropriate, a competitive bid process can be done.  This will normally follow the general insurance review. Sometimes arranging for conceptual proposals from competing brokers is appropriate.
8. Claims Opinions and Arbitration.
9. International - insurance needs and risk analysis.

CAPTIVES / ALTERNATIVE RISK FINANCING TECHNIQUES

Analysis of risks to determine appropriate levels at which losses should either be retained or transferred to other risk financing vehicles. Formation of captives and continuing services.

RISK FINANCING TECHNIQUES. Some of the alternative risk financing techniques for which assistance can be provided are as follows:

1. Fund from Cash-Flow (Self Insure / Large Deductible or Self Insured Retention / Internal Fund / Sinking Fund)
2. Retrospective Rating Program
3. Chronological Loss Stabilization Program
4. Multi-Line Integrated Program / Multi Year / Finite Risk
5. Wholly Owned Captive
6. Rent-a-Captive
7. Protected Cell Company / Captive
8. Association Captive
9. Agent Owned Captive
10. Purchasing Group
11. Reciprocal Insurance Exchange (Canada - except Quebec)
12. Traditional Insurance / Guaranteed Cost

RISK MANAGEMENT CONSULTING & ACCOUNT MANAGEMENT

I can either be retained to consult in specific matters or on a continuous basis.  I can also manage your insurance program, including the selection of providers.  For certain clients I will act as account manager. Specialty Insurance.