Under our Consultancy Services banner, you may also like to look at our Audits & Inspections, Broker Replacement, Claims Reviews, Coverholder / Binder Reviews, Expert Witness, Litigation Support / Dispute Resolution and Reinsurance Recoveries pages.

Under our Managed Services banner, you may also like to look at our Business Process Outsourcing, CompReSys IT Platform and Reinsurance Recoveries pages.

Commutations

Commutations are a commercially accepted and practical method for bringing finality to either individual claims/contracts or whole books of business.

Compre has extensive experience in providing commutation strategies to companies seeking to reduce their inward exposures by commuting with cedants or accelerate their reinsurance asset collection by commuting with their reinsurers.

We build partnership relationships with our clients, which we believe is essential, to understand the scope and extent of the parameters of the negotiated settlement.

Our work includes:

  •  Contract identification and reconciliation with counterparty
  •  Reconciliation of all financial matters, paid and outstanding
  •  Addressing any Letters of Credit and technical disputes
  •  Dealing with brokers
  •  Negotiating the commutation price
  •  Preparing the commutation agreement
  •  Obtaining settlement and concluding the deal


To obtain further information of these services please contact:

John Halls
Managing Director
+44 (0)20 7816 4468 
john.halls@compre-group.com

Ian Adlington
Manager – Managed Services
+44 (0)20 7816 4444
ian.adlington@compre-group.com

Paul Upperton
Manager – Consulting Services
+44 (0)20 7816 4450
paul.upperton@compre-group.com