+1 800.468.6255info@alangray.com

Underwriting & Risk Management

Underwriting & Risk Management Services

When faced with multidimensional issues, organizations must look for industry experts who can provide a cost effective and objective single-source solution. By outsourcing to independent consultants, organizations can focus on their core business priorities. The Underwriting and Risk Management Services practice provides operational and functional consulting in support of property and casualty risk-bearing activities across a variety of specialty coverage, exposure and industry sectors. Alan Gray LLC’s professionals are experienced in handling international underwriting portfolio management, product and process creation, underwriting audit testing, and actuarial pricing and profitability analysis. Typical clients for underwriting services and risk management services include insurers, reinsurers, captives, qualified self insured organizations, Managing General Agencies (MGAs), coverholders, venture capitalists, and Risk Retention Groups (RRGs).

Services include:
  • Underwriting Audits
  • Underwriting Process Consultation
  • Actuarial Analysis
  • Policy Language Support
  • Operational Services
  • Program Planning

SAMPLE ENGAGEMENTS:

Due Diligence Review

Performed an underwriting audit, business plan assessment and actuarial profitability analysis for potential investment in a Commercial Lines Underwriting company as requested by a Venture Capitalist firm.

Third Party Peer Review Underwriter

Retained as third party peer review underwriter for Lloyds Syndicate for bound and quoted accounts (residential and commercial construction liability).

MGA and Carrier Contractual Agreements

Reviewed a series of revised contractual agreements between an MGA and carrier following a change in carrier management and updated its standard operating procedures as requested by the MGA in advance of its annual agency agreement renewal process.