MUTUAL RISK MANAGEMENT IN LONDON
Effective Solutions for Corporate Insurance
Experts in
Mutual Risk
Management
Tailored mutual risk management solutions designed to address the specific needs of corporations, while optimising risk transfer strategies to enhance financial efficiency and resilience
- Mutual creation expertise
- Global mutuals strategy
- Tailored risk solutions
- End-to-end project management
- Compliance-focused frameworks.
Why chose prospect
Mutual Risk Management London
Our Prospect Mutual Management (PMM) division specialises in developing and managing mutual insurance models that offer businesses an alternative or hybrid to traditional insurance. With over two decades of experience, our team has been instrumental in designing nearly every new mutual in the UK over the past 15 years. We take pride in creating solutions that address specific risk categories, from operational and political risks to transportation and energy sectors, providing our clients with effective, tailored strategies to optimise risk transfer and financial outcomes.
Meet Our Specialists
As our Risk Mitigation and Transfer Specialist in our Insurance, Mutuals and Risk Management division, David brings over 20 years of experience to the table. His focus is on providing clients with an independent assessment of their risk transfer arrangements and driving targeted outcomes.
Anne is a senior solicitor with extensive experience of the legal aspects of the formation, management and operation of mutual entities, and commercial and maritime litigation and arbitration.
Mark Tetley has wide experience gained from senior positions across the London insurance market as both an underwriter and a broker, in a variety of sectors.
How We Can Help
Mutual Management
Our Mutuals Solutions team has developed comprehensive templates and processes that enable us to conduct thorough preliminary assessments and full feasibility studies. We specialise in establishing the legal entity for a mutual, drafting its rules and constitution, and performing detailed underwriting and actuarial analysis. Additionally, we market and manage all governance and claims services associated with the mutual, providing a full Mutual Management role for operational mutuals.
Key Services Include:
- Strategic Design and Creation of New Mutuals
- Operation and Management of Mutuals
- Advising on, Building and Operating International Mutuals
- Cover Precision
- Project Excellence
Risk Transfer
Risk transfer involves shifting the financial consequences of certain risks to another party, such as an insurer or mutual, through various mechanisms.
Key Services Include:
- Captives
- Insurance
- Reinsurance
- Fully authorised and regulated insurance mutuals
- Discretionary mutuals
Get In Touch
Ready to explore how our maritime services can help your problems?
Get in Touch for a free consultation with our experts. Whether you have specific questions or are looking for tailored advice, our team is here to guide you.
