UK Subsidiary of US Holding Company Case Study
Client Situation
- Industry leader in reinsurance recovery services, providing world-wide run-off management services. Various issues in insurance industry (cost and impact of Asian tsunami, health issues, higher concentration of risk) required business to review and realign behind strategy
Our Role
- Tested and challenged business strategy
- Realigned strategy with value creating return for shareholders
- Explored with, and challenged, Directors and Senior Leadership Team (SLT) around different strategic options based on value creating principles for business/personal desires
- Performance coached SLT members around contribution to and way of working as a team
Outputs
- Directors and leaders aligned behind redefined strategy
- Greater input received from each individual of the SLT
- Increased options and formalised acquisition strategy, creating pipeline for acquisitions and sustainable business model
