How we do it
strategy | innovation | expertiseAdvising
R&Q offers expertise in the entire process of advising, from the identification of the underlying loss through to face to face presentation to reinsurers. This includes reconstructing your reinsurance programmes if necessary, managing broker involvements and where appropriate, by-passing the broker and dealing directly with clients’ reinsurers.
Collections
R&Q offers an array of credit control techniques to address aged or contentious debts including the protection of balances susceptible to a time bar defence and to ensure ongoing debts remain within their credit terms.
Commutations
Commutations play an important role in the run-off sector and R&Q can plan and implement the commutation of your reinsurance assets - from weak to financially strong reinsurers throughout the world. R&Q Rendez-Vous events in Norwich, New Jersey and Cologne give the Group an unrivalled position in the commutation world.
Arbitration / Litigation support
Legal action is an important weapon in the reinsurance asset management armoury. Running parallel to a collection or commutation strategy, R&Q provides the required legal impetus to maximise your assets. The group is able to assist clients in the development and management of legal actions as part of the recovery process. R&Q has a proven track record in dispute resolution and the management of recoveries by legal action.
Proofs of debt (including insolvent and solvent scheme submissions)
Recoveries from insolvent estates and solvent companies under a Scheme of Arrangement generate significant recoveries. R&Q will ensure recoveries are not lost completely due to Bar Dates being missed or not maximised if Proofs of Debt/Claims Filings are not submitted appropriately.
R&Q is aware of most if not all of the estates or companies closing which have an impact upon clients’ business. Experience in the submission process from managing solvent and insolvent bar date processes, as well as submitting claims into many of these estates over the years, enables R&Q to manage scheme submissions to best effect.