Like a first impression, you have one shot at due diligence! We can't overemphasize the importance of solid due diligence in connection with a loss portfolio transfer, assumption agreement, or corporate acquisition. You have one shot at due diligence, make it your best one. The consequences of ineffective due diligence can be devastating. Long tail casualty claims need to be thoroughly analyzed to project ultimate loss values and most probable outcomes. Err on the side of caution, and you lose an opportunity. Err on the side of optimism, and you lose your shirt. Either way, the name of the game is recognizing your true future exposure.

• Frequently, due diligence audits involve very short notice or rigid time constraints. We have the flexibility and resources to accommodate highly demanding schedules.
• An actuarial analysis, addressing issues such as loss development factors, and IBNR, can be included as part of our audit, or we will gladly furnish our report as input to your actuary.
• We do not limit our audit to a review of claim files, but where practical and necessary, we include interviews with claim personnel, risk managers, industry sources, or other entities.
• When size mandates an analysis based on a sample, we analyze loss data to ensure selection of a representative sample of cases.
• We will present our findings to senior management in both written and verbal reports.