We provide a broad range of strategic risk transfer and insurance advice for corporates and communities.
We provide comprehensive advice and assistance in the following areas:
1. Risk Transfer Program Design and Review:
- We specialise in designing and reviewing risk transfer programs tailored to your specific needs.
- Our expertise covers the integration and utilisation of:
- Fully authorised and regulated insurance mutuals
- Discretionary mutuals
2. Integration of Discretionary Mutuals:
3. Creation of Mutuals for Communities and Associations:
4. Creation of Mutuals for Corporates:
Advantages of Mutuals
Mutuals offer significant advantages to their members:
1. Ownership and Control:
2. Governance and Tax Benefits:
Discretionary mutuals offer distinct advantages:
Advantages of Discretionary Mutuals
1. Classification and Regulation:
2. Flexibility and Domicile:
Types of Mutual Structures
There are three primary mutual structures:
1. Fully Discretionary Mutuals:
2. Hybrid Mutuals:
3. Fully Authorised and Regulated Mutuals:
Expertise and Mutual Management
Designing, building, launching, and operating mutuals require specialised expertise. The typical aim of a mutual is to retain and handle all of the ‘expected’ claims.
Each mutual requires access to the same range of skill sets as that of a small insurer. Typically this is attained through either:
1. In-house Management:
2. Outsourced Mutual Management:
For expert risk transfer and insurance advice, contact us today to discuss your specific requirements.
Halliburton Company -v- Chubb Bermuda Insurance Ltd: Implications for Arbitral Bias, Part I