International Solutions Service, LLC can advise and assist clients in all aspects of an IBT transaction including, forming a Rhode Island insurance company, re-domesticating a company to Rhode Island, preparing an Insurance Business Transfer or Commutation Plan, regulatory compliance, transfer plan negotiation and documentation, identification and notification of affected parties, and post-transfer claims management.
International Solutions Services, LLC offers a wide range of services to insurers and reinsurers who are divesting and transferring insurance or reinsurance run-off businesses, as well as to insurers and reinsurers acquiring this business. Our services include:
INSURANCE & REINSURANCE CONSULTING & ADVISORY SERVICES
- Feasibility studies of portfolios for market and transfer readiness
- Market surveys for portfolio transfers both IBT’s and LPT’s
- Market advisory services for buyers and sellers
- Advisement on transfer mechanism
CAPITAL & INVESTMENT PORTFOLIO SERVICES
- Long term portfolio strategy – ALM
- Capital (re) deployment and requirements
- Protected Cell structure
READINESS ASSESSMENTS
- Transaction planning
- Regulatory considerations and approvals
- Compliance consulting
- Claims management services
- Reinsurance review
- Post-transfer run-off management
- Statutory, financial and compliance reporting to regulators
ONGOING PORTFOLIO MANAGEMENT SERVICES
- Claims management
- Statutory and financial reporting
- Operational oversight
- Portfolio management