Prism Consulting Practice
Advice on In-force and Run-off
Are you looking for strategic advice or independent analysis of a current or closed block of business? The Prism team has years of experience in on-going and exited blocks of business and can help your organization understand or assess exposures, recognize areas of vulnerability, and provide plans and recommendations and for improvement.
Auditing
Does a current account or portfolio need a more in-depth review? Our team can conduct underwriting, claims, financial and due diligence audits, and where appropriate, identify concerns, issues and possible causes of action.
Claims Adjudication
Is your claims department short of qualified resources or is a second opinion required on a specific claim? We have the expertise to manage and adjudicate claims effectively and can fully perform this responsibility or assist existing claims staff.
Prism Account Management
and Administrative Solutions
On-site Support
Do you need high quality staff to manage day-to-day workloads or complex projects? Prism can supply you with dedicated and skilled individuals to augment or assist your existing teams.
Turnkey Administrative Solutions
Prefer to outsource the responsibility for your business? The Prism team can assume the administration and management of a single account or an entire portfolio of business, thereby reducing overhead, improving services, and allowing you to retain the desired level of control.
Reinsurance Collections
Does your organization face challenges with collection of ceded reinsurance balances? The Prism team specializes in reinsurance recovery collection and can help you reduce bad debt and recognize outstanding recoverables sooner.
Prism Dispute Resolution Services
Negotiation/Commutation/ Mediation
Do you want to minimize outside legal costs where possible? The Prism team has extensive experience in working with effected parties to avoid formal disputes through negotiated settlement, commutation or mediation.
Arbitration/Litigation Support
Are you using junior legal resources with limited experience in your business? Use Prism's knowledgeable and cost effective team to assist counsel with motion and brief development, issue identification and deposition preparation.
Expert Testimony/Opinions
Is specialized knowledge or experience essential to your decision making? Prism's key team members have extensive insurance and reinsurance experience, and can provide expert opinions, advice and testimony.