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Reinsurance Management

Managing agents are increasingly experiencing problems with the performance of their existing broker in the servicing of an account. Axiom is an authorised Lloyd's run-off broker, and as such, is in a unique position of being able to utilise its resources to take on certain tasks, or even replace the original broker if required and created an added value solution.

Axiom utilises its Support Partner philosophy to adopt and implement proactive, client focused, innovative ideas tailored to maximise recoveries and reduce outstanding debt.

Project Management

  • Project scoping – in-source, outsource, systems, records, locations, processes/procedures
  • Contract agreement
  • Service level agreements – objective setting
  • Allocation, management & prioritisation of skilled resources & workloads
  • Project migration/transfer
  • Tracking & monitoring – project, workloads, objectives
  • Reporting & communication

Outwards Reinsurance Claims Processing – Technical

  • Management of billings
  • Claim review and technical advice
  • File management (including reconstruction)
  • Processing – premiums, claims, reserves
  • Query handling and resolution
  • Reinsurer, Bureau and LOC management
  • ‘Ad hoc’ exercises – for reinsurers, cedants
  • Broking/Accounting support

Outwards Reinsurance Claims Broking – Broking

  • Pro-active broking – strong reinsurer relationships, designated reinsurer contacts
  • Bureau monitoring/control
  • Reinsurer management – broked, dropped off or posted
  • Time bar monitoring
  • Query handling and resolution
  • Technical/accounting support

Outwards Reinsurance Credit Control – Accounting

  • FSA (UK) compliant
  • Pro-active Broker ledger management – cash reconciliation
  • Accelerated debt recovery
  • Collection and settlement management – rendering
  • Cash management
  • Aged debt analysis
  • Bad debt management – funded balances
  • Management of schemed, liquidated and insolvent reinsurers
  • ‘Ad hoc’ exercises – for reinsurers cedants
  • Query handling and resolution
  • Commutations (inwards, outwards, global) – significant network, strategic commutation planning
Contact Details:

Michael Campbell
Brokers, Audits & Inspections
T: +44 (0)20 7767 2800
E: click here to email us

Danny Maleary
Business Development Director T: +44 (0)20 7767 2802
E: click here to email us

Mark Elliott
Managing Director
Lloyd's Business Market Services
T: +44 (0)20 7767 2973
E: click here to email us

 

 

 

Brochure

The Reinsurance Management Team:

 

Provision of reinsurance recovery solutions worldwide

 

Recovering in excess of US$1bn

 

Providing services to the market since 1989

Axiom Consulting Limited, Registered Office: Lloyds Chambers, 1 Portsoken Street, London, E1 8BT.
Registered in England No. 4054468. VAT Registration No. 839 5986 55.