Due Diligence

A Due Dilligence Insurance Report is recommended to the lenders credit committee to ensure there is:-

• No Undue Exposure to Loss
• Good Value For Money is being Provided

Failure to identify, eliminate or transfer risks effectively could prejudice a lender's security. Whether funding an MBO, an MBI or a Construction Project an early and independent review of the insurance proposals is essential.

Our reports can be tailored to embrance any or all of the following aspects as required by the lender.

We would normally expect to:-

• Review the Existing or Proposed Insurance Arrangements as appropriate commenting on their cost effectiveness.
• Comment on the security of the proposed insurance carriers.
• Review the risk exposures and comment on any uninsured or uninsurable risks especially where it can have an impact on the security of a Lender.
• Comment on the likely Insurance position and Costs going forward taking a three to five year view.
• Review the Claims History where appropriate.
• Comment on Claims Management and Uninsured Recovery Procedures.
• Develop Alternative Proposals if required.
• Identify Insurance related products that compliments the Borrowers products (Eg. Warranty Covers.)

Additionally we can offer specialised studies into:-

• Environment Insurance Issues
• Captive Insurance Arrangements
• Disaster Planning Procedures
• Health & Safety Services

Services are tailored to meet the Lenders specific requirements and charges reflect the choices made. 

If you are interested in obtaining a bespoke quotation please contact the New Business Team on 0161 833 2100 or email info@caunceohara.co.uk with your contact details and we will respond on the same day.