DataCede’s team consists of insurance industry operational experts with a proven track record of applying business best practices to the unique world of insurance rehabilitations and liquidations.
Our team knows the keys to a successful liquidation hinge on quickly transforming operations to adapt to new legal and regulatory requirements, including the suspension of certain functions (such as underwriting and marketing), the creation of new functions (such as evaluation of claims against a liquidation estate), and a strong focus on the collection and preservation of assets.
Our many years of actual insurance liquidation and systems expertise can help you get the liquidated insurance operation transitioned efficiently and cost effectively.
Our suite of services includes:
- Solvency Analysis
- Work-Out Plan Development
- Expert Testimony
- Shut-down Activities:
- Identifying, securing and preserving company assets and records
- Investigation of causes for rehabilitation or liquidation and pursuit of appropriate legal remedies
- Asset divestiture
- Pursuing general collections
- Managing reinsurance recoverables
- Litigation assessment and management of post-rehabilitation or post-liquidation legal action
- Data clean-up and consolidation for analysis and collections
- Re-engineering business processes & workflows
- Identifying eligible claims & issuing Proofs of Claims
- Coordinating with and reporting to necessary courts and state Guaranty Associations
- Managing the numerous projects required to shut-down, enhance, integrate and deploy system functionality often required to comply with the changing operational and legal requirements.
Contact Us to learn more about our insurance rehabilitation and liquidation capabilities.
