Underwriting, claims & reinsurance

For insurers undergoing changes in structure, seeking to improve performance, looking to reduce costs, developing new areas of business, integrating and updating information and data systems or focusing on mitigating risks within the business, PwC provides support in key operational areas - claims management, reinsurance and underwriting.

In each of these areas, we work with you to create and implement new, or review your existing, policies and procedures in order to ensure the most efficient and effective use of your resources.

How we can support you
More about this service

Potential issues

• Sub-optimal underwriting and pricing procedures and controls are contributing to inferior underwriting results
• Your competitors are selecting the more profitable risks in the market through superior risk assessment capability
• You are having difficulty with pricing decisions because of a lack of understanding of the price/volume relationship in different market segments
• A part of your business - including past liabilities or closed with-profits funds - continues to perform badly
• You are not optimising your use of reinsurance and/or other risk financing products in reducing volatility in your underwriting results
• You want to know if your reinsurance contracts satisfy tax-related transfer pricing regulations
• You are having difficulty controlling claims costs and expenses relating to the management of the internal or outsourced claims handling function
• You need to evaluate the quality of the underwriting and claims operations and controls of a target insurer in the context of mergers and acquisitions due diligence.