Our claims consulting professionals assist in the pre- and post-loss design and implementation of risk management strategies that reduce the financial impact of events.

Our claims consultants perform a complete diagnostic review of your loss history and all current claims management programs, including carrier, third-party administrator and adjuster contracts and internal processes. This diagnostic helps us deliver a series of recommendations for improvements that target operational efficiencies and reductions in the ultimate cost of claims.

Our solutions include claim reviews, claim audits, recovery and subrogation services, an accelerated claims closure model, etc.

We achieve and communicate results in economic terms, presenting you with on-going advice for further opportunities for sustainable improvements. You will benefit from improved cash flow and reductions in collateral and claims administration costs.

We assist stand-alone clients recover their legitimate claims at a fee. We also provide claims audit services at a fee to stand-alone clients. Each project is managed by an experienced Scib claims consulting professional.

Over the years our consultancy group has delivered unique value to clients and non-clients in the area of insurance audit. We recognise the uniqueness of every project and are guided in delivering a comprehensive and unbiased insurance audit/review to our clients and stand-alone clients.

The objective of the audit usually includes risk exposure, review of existing insurance programme in terms of scope and structure, review of the administration and procedural efficiency of the existing insurance arrangement, review of outstanding claims and recommendations thereof, review of the security and service rating of the existing insurers on the various programme, review of the future risks in line with the company’s medium and long term strategy, etc.

The ultimate objective of the audit/review is to identify the gaps (if any) in the existing insurance programme and recommend improvements that will assist the client in achieving its overall risk management goal in the short, medium and long term.

Scib Consulting Team carries out routine analysis of the insurance market in terms of new/proposed laws/guidelines, service performance of insurers, financial performance of insurers, available market capacity, etc. The product of these reviews is documented and forms the basis of advice to clients and insurers as the need arises. These factors also form an integral part of placement decisions. Stand-alone clients can also benefit from this service.

Scib Consulting Team helps diverse organisations understand the risks they face. We analyse risk from an integrated perspective, exploring the interdependency of risk relationships within your company. We use Risk Management models in providing solutions to clients in this regard.

Today’s organizations face an increasingly complex set of risks. As a result, key internal and external stakeholders have increased their scrutiny of and expectations for risk management, raising significant questions around risk and how it is addressed.

Risk Management (RM) provides a framework to understand and respond to business uncertainties and opportunities with relevant risk insight delivered through common, integrated risk identification, analysis and management disciplines. ERM enhances organizational resilience by improving decision making, strengthening governance and supporting a risk intelligent culture.

Given the provisions of the Pension Reform Act 2014, the landscape for pension, annuity and group life insurance is evolving rapidly. The market for individual life insurance on the other hand is not has not been made compulsory by statue.

On the whole, financial risk, market volatility and regulatory changes make it sometimes difficult for companies and individuals to design life, pension and annuity programs that align with the law, business goals and optimize results for them.

Our team of consultants helps ensure companies and individual's programs are secure, equitable and sustainable.

Scib Consulting Team carries out routine insurance training for key officers of the client’s office whose functions directly or indirectly affects risk management and insurance. We also offer risk management and insurance training to non-clients at a fee.