| Claims recovery is where the rubber meets the road in the reinsurance process. Holborn ensures a prompt and efficient process by providing each client with the experience and expertise of a dedicated claims professional. This smooth service experience begins with assembling loss information and extends through to the actual collection. Holborn also provides technical claims expertise and support, particularly useful when unusual claims situations arise and for collections of large claims and cash calls. The firm has a proven collections track record, even for decades-old covers with inactive reinsurers, and effectively handles commutations and dealings with liquidators. In certain situations, Holborn has even taken over the claims management responsibility for reinsurance predating involvement with a client. And, while Holborn works to reach amicable settlements whenever possible in dispute situations, the firm’s professionals have expertise in arbitrations and mediation.
Holborn also supports clients in claims reviews by reinsurers, ensuring maximum benefit from the time and expense invested. The firm works in concert with clients to make each review a positive experience for their reinsurers, and assists in providing timely follow-up on any outstanding issues or questions. |
