Analysis Post Acquisition Leads to a More Efficient, Consolidated Program
Brown & Brown uncovered the opportunity to free up over $30 million of trapped capital in their risk financing programs. We analyzed every element, claim, and cost associated with the program and the business from top to bottom. A segregated cell captive was recommended for the combined organization.
Brown & Brown demonstrated that annual operating captive expenses would be reduced by over $300,000 once the consolidation is completed. We dug in deeper and examined the excess insurance and reinsurance programs, laying out a strategy to boost the limits available to all merged entities while eliminating their clash claim exposure. Even while achieving these significant enhancements, we uncovered unnecessary carrier premium payments of $2.3 million through the implementation of a consolidated program strategy.
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