Run-off Books
Wessex take care of prickly issues for partners with run-off business
Wessex Group has developed expertise in taking on and efficiently managing run-off books on behalf of insurers. Our experience allows for seamless transfer and integration with minimal disruption to policyholders.
A customer retention program ensures the business is run efficiently and at a low cost allowing the insurer to focus on new business opportunities.
Wessex run-off book services:
- Transfer from multiple platforms
- Data cleansing
- Decommissioning of legacy systems
- Target loss ratios
- Retention criteria and target setting
- Regulatory monitoring and updating documentation
- Customer contact programme
- Performance reporting
