Once given the opportunity to do so, they would present the risk to the underwriter, who would accept it, reject it, or ask for changes in terms and conditions. It has made it possible to write insurance coverage on a global basis.
Review of Defense Invoices An international property and casualty company needed a full review of all defense invoices on a rolling basis. Due Diligence Review Performed an underwriting audit, business plan and actuarial profitability analysis for potential investment in a Commercial Lines Underwriting company as requested by a Venture Capitalist firm.
Decision Tree Analysis Contracted to provide Quantitative Services in a complex hazardous waste litigation. The staff worked with counsel to develop and employ a decision tree analysis in conjunction with a number of standard allocation modeling runs, to value their settlement options.
Claims Identified as Non-Products A global insurer requested a comprehensive audit and analysis of claim files and related jobsites to develop a model for non-product allegations.
The audit coverholder business plan a significant percentage of claims as non-products. See All Services Our Clients "Alan Gray LLC AG conducted a wide-scale audit of various loss items, including property and business interruption losses, third party claims and legal expenses as well as expense verification.
AG was able to deploy a team at short notice and produced a comprehensive report and back-up documentation. The end result for the client was a very substantial saving off the amount presented by its insured. Throughout, I found AG to be very responsive.
The staff at AG worked together with us to develop a process that was fair and reasonable and was inclusive of our adjusting staff and our legal business partner. The appeal process AG put in place for our legal business partners works and our adjusting staff can opine on any special circumstances concerning a specific case.
I highly recommend AG.
Their staff works with us and they all have strong skill sets. They have the experience to problem solve and the desire to work with you to develop what you want. Throughout, I found AGI to be very responsive, professional and courteous and they certainly added great value in terms of the end product.
While this litigation was high stress and high profile, their support and claim management was of the highest quality. While the insurance industry has many excellent professionals, there are very few who have the depth of experience and quality intellectual analysis expertise that can rival AG.Working with MGA and Lloyd’s Coverholder start ups to provide a professional launch platform.
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Access is free for in-house lawyers, and by subscription for law firms. Disclosures. AIUA AIUA is a trading name of Geo Underwriting Services Limited, Registered in England No.
Registered Address: Towergate House, Eclipse Park, Sittingbourne Road, Maidstone, Kent ME14 3EN Authorised and regulated by the Financial Conduct Authority. FCA Register Number Arista Arista is a trading name of Geo Underwriting Services Limited, Registered in England .
Read time: 3m 10s Commercial: Don’t let the lack of a Business Continuity plan ruin your business. Glossary of Lloyd’s terms. Listed below is a glossary of terms that are used in the ALM publications, other Lloyd’s documents or which often appear in work produced by Members’ agents.
Our number one goal is to help our clients realize significant bottom line savings. We can adapt quickly to situational changes and our experienced team is committed to staying current with the latest industry information and advances in technology.