Formation of Insurance Company or Equivalent Organization

Five-Year Business Plans - Pro Forma Financial Statements
Budgets/Charts of Accounts - Preparation
Staffing/Job Descriptions
Office Layout/Equipment and Furniture Needs/Lease Oversight
Specifications/Analysis of Vendor or Sub-contracted Services
Domicile Selection
Capital Requirements
Compliance with Insurance Regulations
Organizational Structure
Assistance with Charter Preparation
Licensing Requirements and Procedures
Reinsurance Specifications/Cost Analysis
Underwriting Guidelines
Marketing Plan - Development
Policy Forms/Applications - Preparation

Feasibility Studies

Survey of Potential Participants - Development and Analysis of responses.
Analysis of Competition
Domicile Comparison
Capital Requirements/Ways to Raise Capital
Financial Projections
Reinsurance Availability/Cost/Form/Coverage
Rate and Premium Considerations
Suitability of using Risk Retention Groups, Risk Purchasing Groups, Captives, Insurance Company, Trust, Risk Pools, etc. for desired business purpose
Organizational Structure - Considerations
Regulation Review
Staffing Requirements

Statistical/Financial Services

Loss Forecasting
Deductible Analysis - Assessment/Selection of appropriate level
Cost Allocation by Division or Other Entity (e.g., retro adjustment/return)
Cash Flow Analysis and Comparison for Various Loss Funding Programs
Experience Mod Calculations (including Interstate Mods)
Insurance Carrier Financial Security Evaluation
Insurance Agency Valuation
Insurance Company Acquisitions
Expert Witness

Self-Insurance Trusts (Workers' Compensation, HospitalProfessional Liability, etc.)

Loss Forecasting
Actuarial Reserve Analysis (e.g., to comply with state regulations)
Cost Allocation by Division or Other Entity
Funding Requirements
Assess Rate/Premium Adequacy
Financial Statement Review
Development of Underwriting Guidelines
Development of Marketing Strategy
Reinsurance Agreement Analysis
Development of Forms/Applications
Evaluation of TPA's Cost Effectiveness

Existing Organizations - Operations Review

Review of Operations (Underwriting, Accounting, Administration, Claims, Loss Control, Marketing, Reinsurance)
Reinsurance Specifications/Evaluation of Quotes and Reinsurance Agreements
Forms/Applications Revisions
Policy Language Revisions
Budget Development and Planning
Specifications/Analysis of Vendor Services
Financial Statement Review
Development of Pro-Forms - Market Share/Loss Scenarios
Loss Forecasting
Assessment of Rate/Premium Adequacy
Actuarial Reserve Analysis
Insurance for the Insurance Company's Risk
Benefits and Executive Compensation Review
Office Layout, Furniture and Equipment Evaluation
Lease Analysis
Special Studies - As Requested