|
Introducing Citadel Risk Management
|
The Insurance and Reinsurance Service sector has evolved over the past 20 years from a "generalist" concept to one requiring "specialized" services.
Not too long ago issues and problems were measured in hundreds of thousands of dollars. Today the issues just start at that level, and the sky appears to be the limit.
Citadel Risk Management was formed with specialized services in mind. The Principals of Citadel are fully cognizant of the issues facing the industry today. With our considerable experience and connections to other experts in the industry through our Strategic Business Partners, we believe that we can offer the best specialized service to you and your company's needs. Whether your issues emanate from the US, Europe or the Far East, whether you need runoff management services in New York, an audit in Chicago, London or Tokyo, or claims administration in Australia - we can get you what you need, when you need it.
| |
We're thoroughly conversant with the latest regulatory issues, such as the changes to compliance imposed by Sarbanes-Oxley requirements. We can help you review your existing protocols and improve them to meet the new standards.
Where you have difficulties or unanswered questions with problem counterparties, we can conduct in-depth due diligence reviews on your behalf and help you think through your future strategy.
If you want to commute your involvement in a book of business, whether as cedant or risk-taker, we can help you negotiate common ground with your counterparty. With the help of our parent company, Citadel Reinsurance Company Limited of Bermuda, we can also look at a commutation bridge cover, by which the risk-taker would be replaced on mutually-agreed terms by Citadel. As an introduction to the services it can offer, visit Citadel's website at www.citadelreinsurance.com.
When the time comes for you to consider the run-off of old portfolios that have become unwieldy and expensive to administer, we can suggest cost-effective ways to cut your overheads, reduce your remaining liabilities or package up and sell the entire book. Again, Citadel Bermuda can be involved with your agreement to discuss the possibility of taking the burden off your balance sheet.
|
This site introduces the Citadel Advantage, a concept of providing Value-added service that you can bank on.
|
|
