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Strategic
Advisory
Services

Holborn Service Model 
Enterprise Risk Management 
Comprehensive Tools
Capital Advisory & Capital Modeling
Rating Agency Advisory Support
Strategy & Portfolio Management 

Client Advocacy

A consistent thread runs through all the services Holborn offers – client advocacy. We are committed to understanding each client’s needs, corporate culture, risk tolerance, and overall business approach. Rather than presenting a menu of predetermined tools or one-size-fits-all solutions, we deliver a select choice of proprietary analytics and use our expertise to uniquely tailor these services. We maintain a relentless commitment to giving clients what they truly need, with no two client solutions the same. We pride ourselves on taking a holistic view of our clients. Holborn believes that an optimal reinsurance program must be based on a comprehensive understanding of a client’s exposure, risk appetite and financial goals, which all start with a trust-based relationship. We seek to bring the entirety of the expertise of the Holborn family to meet your needs. To that end, we have decades of experience in addressing the following areas should the need arise:

Holborn Service Model

strategically aligned services

Our client relationship is just the tip of the iceberg of support available to you.The Holborn service model provides leading-edge Brokerage / Advocacy, Analytic and Consultative capabilities:

  • It all starts with the client relationship. Your AE will be there every step of the way ensuring you have connections to everyone you need in our organization.
  • Our core placement services are designed to provide you with the best assessment of your own risk and design the best go-to-market solution that ensures all your strengths and messages are conveyed
    • Holborn clients succeed when competing with an advantage.
  • Our strategically aligned services are bespoke solutions that match the very strategic needs you have.
      • Holborn wins when our clients succeed
      • We focus on a collaborative understanding of risk, enabled by transparent models/tools

Our growth optimization tool is a very example of bespoke solutions that are designed in collaboration with our clients

Enterprise Risk Management

Each company’s definition and application of risk management is unique in terms of identifying, measuring, and managing risk. An embedded ERM program is the ideal result for the health and success of your company. We collaborate to design a program that fits your particular needs on a spectrum of risk management solutions. We deploy user-friendly tools to understand and manage risk, such as: 

  • Interactive HeatMaps to aid in assessing and comparing all areas of risk; these can be of particular use when presenting to Boards or Executive Leadership
  • Risk Management Dashboard to provide a central repository for all aspects of understanding and measuring risks; tailored to your needs and typically capturing internal owners, current controls, control assessments, risk tolerances, risk appetites, and other customized KPIs
  • Scenario Stress Tester that are interactive and customizable with the ability to analyze up to ten stress scenarios with multiple tolerance levels

Comprehensive Tools

We also offer comprehensive tools to measure risks across multiple facets of your organization.

For catastrophe risk we provide:

  • Geospatial Tools, including Insurity Geospatial powered by SpatialKey, easily visualizing cat risks by analyzing concentrations, monitoring growth, and performing deterministic studies – including live-event monitoring and notifications

  • ModelFit ® to help quantify the frequency and size of “miss” by comparing your historical loss experience to standing vendor models and allowing you to build your own view of catastrophe risk

  • HIDRA ® (Holborn’s Integrated Dynamic Reinsurance Analysis) to dynamically assess property risks, including the economic impact of varying reinsurance structures 

For non-cat underwriting risks we can provide:

  • Large Loss Analyses to measure underwriting risks and existing or emerging trends to the large, unexpected claims affecting your business

  • Loss Ratio Volatility and Correlation Analyses to dig deeper into the assessment of risk by line

Capital Advisory & Capital Modeling

Capital Modeling is a critical element for insurers to manage in order to balance expectations between policy holders, regulators, and rating agencies. Insurers need to quantify risks to determine risk profile, appetite, and capital needs of their organization. Developing a full-blown internal economic capital model is a daunting task and, often, is not required. What is required is an informed view on the risks you face, how these may impact you, and how well you have mitigated them. To that end, we can offer:

    • Access to proprietary DFA tools to address underwriting risk and economic scenarios
    • URS Risk ExplorerTM is also available to include asset modeling

Either solution affords the opportunity to dynamically measure the accumulated risks and provide multi-year business planning views along with Board-tested visuals. Holborn also understands the strategic directions of our clients are wide-ranging and can also include the needs for surplus notes, ILS, capital raises, and the like. As such, Holborn has identified and developed partnerships with investment banking firms to provide expert assistance in your capital needs, those who will listen and respond to your business issues. The Holborn broker team collaborates with these partners to establish the approach that is best for you and your policyholders. 

Rating Agency Advisory Support

Our team is experienced and well-versed in rating agency methodologies, analyst expectations, and the most effective way to communicate to them what you know best – your business – thus affording you more time to focus on running your business and less time on managing your rating. By monitoring and understanding new and evolving criteria – both qualitative and quantitative – across a host of rating agencies – namely AM Best, S&P, Moody’s, Fitch, and Demotech – we can help you navigate these crucial conversations through any point in the market cycle.

Our Suite of Services:

  • Presentation support – message development, material prep, meeting attendance

  • BCAR management – analysis / forecasting of capital and its related quality

  • SRQ response – all catastrophe-related sections completed on your behalf

  • Assessment of the quality of and dependence on Reinsurance

  • Training and education regarding ratings-related criteria and proposed / enacted updates

  • Emerging industry topics – evaluation and research

  • Targeted peer analyses

  • Ad-hoc support and other bespoke requests, as required

Strategy & Portfolio Management

Risk appetite. Product diversification. Geographic footprint. Macroeconomic forecasts. Gross versus net exposures. Risk aggregations. Cyber risks. AI and machine learning. PFAS. Inflation in all its forms. Climate change. These are complex topics that our industry deals with every day and getting them right is often based on “gut feel” rather than quantitative metrics, even though getting them wrong can set your organization back years, or worse. We can help take the guess work out of this critical process by helping you create:

    • Sets of specific and purposeful metrics or scenario-based models that allows you to test various assumptions to assess profitability and volatility by studying. 
      • Trends 
      • Loss cost 
      • Market opportunities for expansion 

All of these items are tailored to you and your business – no black boxes or off-the-shelf tools, but rather tools and dashboards built collaboratively with you that are bespoke to you and your evolving business needs.

Other Services

  • InsurTech Consultation
  • M&A / Strategic Partnerships / Company Structuring
  • Leadership / Board Meeting Facilitation
  • Competitor / Market Landscape Analysis
  • Training / Technical Guidance

Risk that is understood, managed, and clearly communicated in a way that is consumable to everyone in your organization encourages a strong risk culture. Governance, training strategies, metrics & controls, and capital allocation are techniques to ensure day-to-today adherence to your ERM program and corporate strategy. Leveraging Holborn’s comprehensive tool suite, we help tailor an ERM framework that supports managing your risks. 

One of the key objectives of an insurer’s operating strategy is to maintain an acceptable target financial strength rating. Holborn has extensive experience in helping clients balance the sometimes-conflicting objectives of growth, profitability, portfolio optimization, capital adequacy, and multiple return metrics. Our robust financial analytics enable our clients to assess multiple key performance measures and analyze how various strategic decisions could be expected to impact the company’s financials and underlying qualitative and quantitative rating factors. 

By their very nature, catastrophic property losses can wreak havoc on businesses and personal property, as well as the balance sheet. Media coverage of the devastation from a hurricane or tornado often makes these events seem “unexpected.” Even though recorded weather history is relatively limited (on a geologic scale), it’s clear that outliers, storms of extraordinary magnitude, have occurred before and will again. 

It shouldn’t be a surprise that some of the largest insured events we see are not property, but liability-driven. Losses stemming from workers’ compensation, mass tort, clash, runaway defense costs, product liability, and punitive damage judgments can quickly add up to amounts greater than most weather or fire damages. Holborn monitors the litigious US landscape, tracking the latest judicial rulings and regional and local hotspots.

Contract wordings are continuously evolving to stay on top of emerging risks such as cyber, intellectual property, and labor laws. Working together, we ensure that the proper coverage and limits are maintained.  

Holborn’s Reinsurance Security Committee (a select group of our senior managers across multiple disciplines) meets regularly to review the financial condition of each reinsurer. Each entity is closely monitored for financial and operational performance through meetings with management, rating agency activity and news releases. Our monthly newsletters keep clients informed of any noteworthy changes. 

Holborn can provide clients with access to RiskRater®, a proprietary reinsurance pricing engine designed (but not limited) to manage portfolios of mutual insurers. RiskRater® employs a systematic approach to pricing that is consistent across client companies. Smaller companies with sparse rating histories are rated with the support of defined cohorts and compared with industry information to enable a more informed view of risk. Developed to be nimble and flexible without proprietary software installations, RiskRater® requires only a connection to a centralized database, where all data (present and historical) is stored and archived, allowing access to detailed information for year over year pricing. 

Our Vision

Our way includes giving the client peace of mind of knowing they can “shake the same hand” again and again over time, and that our team is uniquely positioned to represent their interests in the marketplace, given our in-depth knowledge of their operations, business plans and issues, nuances, history, and the way they like to receive service from us and from their reinsurers. This is how we define our “client intimacy strategy.”

Our Mission

The mission of Holborn Corporation is to provide efficient tailored risk assessment and reinsurance solutions to US insurance organizations, using markets of appropriate quality. Services include risk analytics, contract and claims management, and the maintenance of trading relationships with high-quality reinsurance markets throughout the world.