Members > KPMG
Address
8 Salisbury Square London EC4Y 8EN
Telephone
020 7311 1000
Fax
020 7694 3126
Website
http://www.kpmg.co.uk/insurancesolutions
Services offered
The Insurance Solutions team sits within the Restructuring practice in the UK. Over the last 20 years, we have offered services to the discontinued business market including:
- Administration of insolvencies and restructuring engagements of insurance and reinsurance companies
- Design and implementation of Schemes of Arrangement
- Acting as independent expert or advisor in relation to Part VII transfers
- Releasing capital and effective cash management for insurance operations
- Undertaking strategic reviews of run-off portfolios
- Development of recommendations on exit strategies for underwriting pools
- Assistance to companies in respect of commutations and reinsurance collections
- Providing recommendations for outsourcing options
- Actuarial reserving and run-off modelling for insurance companies and banks with reinsurance asset and liability management issues
- Assistance to companies either in the sale or acquisition of discontinued books of business
Key Personnel
Mike Walker - Partner
John Wardrop - Partner
Darryl Ashbourne - Director
James Bolton - Director
Barry Gale - Director
Steve Goodlud - Director
Karen Newbury - Director
Michael Tagg - Director
Employees
10,000
Business Summary
KPMG in the UK is a leading provider of professional services, which include audit, tax, and risk advisory. Our approach to relationships and service delivery helps clients across the globe exploit new opportunities, improve performance, manage risk and enhance value for both shareholders and stakeholders alike.
KPMG’s Restructuring practice in the UK is made up of over 700 professionals. We can help to identify ways around or out of a stressful situation. Working alongside lenders, stakeholders and all levels of management, our professionals plan and deliver restructuring actions that can provide real improvements to cash flow, profit & loss and the corporate balance sheet. We take an objective, hands-on approach to stabilising underperforming businesses by identifying opportunities for strategic, operational and financial change. The aim is to get the business back on track, to optimise its performance and efficiency and to generate outstanding and lasting value for stakeholders.
With extensive experience in developing and implementing solutions in situations of stress and distress, we work across all sectors and geographies to deliver complex, cross-border restructuring and insolvency support.