Run-Off/Commutation
Run-Off/Commutation
Run-Off/Commutation involves the process of settling outstanding liabilities and closing down discontinued lines of insurance/reinsurance business. It requires a strategic approach to resolve legacy issues, optimize financial resources, and achieve finality in a cost-effective manner.
Expertise: Our team has extensive experience in managing run-off operations and commutation agreements, ensuring a smooth and efficient resolution of legacy liabilities.
Results-Oriented: We are focused on delivering results that maximize financial relief and minimize residual risk for our clients.
Tailored Solutions: Understanding that each run-off scenario is unique, we develop customized strategies that align with your specific goals and objectives.
Transparency: We maintain open and transparent communication throughout the process, keeping you informed of progress and developments.
Areas Of Expertise
We conduct thorough evaluations of your outstanding liabilities to determine the scope and potential strategies for resolution.
Our skilled negotiators work to achieve favorable terms in commutation agreements, ensuring a fair and beneficial outcome.
We explore opportunities to enhance your financial position through efficient management of run-off liabilities.
We oversee the entire process, from initial assessment to the final execution of commutation agreements, allowing you to focus on your ongoing business.
Contact us
(UAE) +971(0)585151758
(LEB) +961(0)3061262
B5-307E2- Academic Zone01-BC5
RAKEZ Business Zone-FZ, RAK
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Mathaf St., Le Bureau Bldg.
3rd Floor Beirut, Lebanon
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Georgiou Griva Digeni, 105 STEIDES COURT, 3rd floor,
Flat/Office 301
Linopetra, 3107, Limassol, Cyprus
Weekdays 9 am to 6 pm