| Client | Inspected Party | Site | Description | Result |
|---|---|---|---|---|
| Lloyd's Managing Agent (1) | Direct Motor Insurer | London | To review portfolio of major direct claims affecting outward reinsurance programme | Claims updated and opinion as to final outcome resulting in commutation |
| Lloyd's Managing Agent (2) | TPA acting for direct motor Insurer | Manchester | To review portfolio of major direct claims affecting outward reinsurance programme and the claims procedures and staffing qualities of the TPA | Claims updated resulting in large reserve redundancy |
| UK Reinsurer | Xchanging | London | To review claims adjusting, reserving and procedures including staff experience and timescales at Xchanging who act as a TPA to the Client Report produced resulting in client reviewing the TPA 's contract | |
| LMA (1) LMA (3) | London | To review several marine treaty contracts and contentious claims | Report criticised the LMA (3) as reserves were not accurate and current. Discussions with LMA (3) and Lloyd's Broker. Now reserves correct |
|
| LMA (1) LMA (3) | London | To review several marine treaty contracts and contentious claims | Report criticised the LMA (3) as reserves were not accurate and current. Discussions with LMA (3) and Lloyd's Broker. Now reserves correct |
|
| UK Lawyer | Independent Insurance | London | To review selection of claims re the reserving and authorisation policy as evidence for the impending legal action | Data supplied to Cranmore |
| Enstar | Owned Company | TPA dealing with the EL and PL direct UK written by Enstar 100% Cheshire | To review selection of major &/or complex outstanding UK and PL claims, including quality of staff and procedures | Report favourable |
| Enstar Managed Company | US Reinsurance Subsidiary | London | To review selection of claims and staffing re a possible purchase by Enstar Claims accurate, staffing needs further investigation | Enstar did not buy |
| Enstar Managed Company | US Belgium Reinsurance Subsidiary | Brussels | 6 months on site (3 days each week) To review selection of claims and staffing re a possible purchase by Enstar | Claims accurate, staffing needs further investigation. Enstar did not buy |
| Enstar Managed Company | German Reinsurer | Cologne 4 months on site (Several days each week) To review selection of claims and staffing re a possible purchase by Enstar | Enstar did not buy |
| Client | Other Party Commuted | Description | Result |
|---|---|---|---|
| Lloyd's Managing Agent (1) | Far East Reinsurer | YES All inward claims written between Syndicate X and other party | Commutation saved 15% of booked reserves on Non Marine and Marine Treaty |
| Lloyd's Managing Agent (1) | UK Direct Motor Insurer | YES All inward claims written between Syndicate X and other party | Claims updated resulting in 90% OLR plus IBNR |
| Lloyd's Managing Agent (2) | Lloyd's Managing Agent | YES All inward and outward claims between various Syndicates of both | 97% OLR closing 167 contracts from 1993 - 2004 |
| Lloyd's Managing Agent (1) | Middle East Reinsurer | YES All inward claims written between Syndicate X and other party | Reserve redundancy found so settled for 60% booked OLR |
| Lloyd's Managing Agent (1) | UK Direct Motor Insurer | YES All inward claims written between Syndicate X and other party | Claims updated resulting in 98% OLR plus IBNR |