Few & Co

Services

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Binding Authority and Coverholder Reviews

We review and evaluate the technical performance of coverholders and make recommendations designed to improve the efficiency of delegated underwriting operations in accordance with binding authority contract and regulatory provisions.

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Reserve Adequacy and Loss Portfolio Projections

We assess reserving philosophy and procedures and evaluate the adequacy and timeliness of reserves; often in conjunction with actuarial and financial reviews.

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Underwriting and Claims Management Reviews

On behalf of our risk-bearing clients we conduct reviews to assess compliance with underwriting guidelines, quality of claim handling, use and direction of independent adjusters and solicitors, outstanding loss reserve adequacy, accuracy of premium and claim bordereaux, and excess and reinsurance loss reporting.

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Insurance and Reinsurance Reviews

We conduct reviews of ceding companies and their service providers on behalf of interested reinsurers and insurers on all lines of business to assess staffing, underwriting, rating and deviation from established guidelines…

 

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Reinsurer and Insurer Consulting Services

We provide complete operational and risk management support to our clients from developing software solutions for claims adjudication and relational database applications to product development and management and payment of claims.

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Financial Conduct Authority (FCA) Compliance

We will help support insurance intermediaries who are authorised by the FCA to comply with the applicable rules contained in the FCA Handbook of rules and guidance (the Handbook).

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Reinsurance Asset Management

Through experienced analysis of key information, and the application of advanced data analysis tools, we are able to identify the existence of unidentified recoveries.