With an added emphasis on core business and a complimentary need to reduce costs, many P&C organizations are putting segments of their business into run-off. The scope and complexity of run-offs require unique solutions and strategies to manage an orderly and efficient exit from the business. DataCede has significant experience in helping companies manage their run-off and discontinued business with a focus on capping or eliminating open-ended liabilities.
Our work in the run-off and discontinued business is tailored to the organization’s specific needs with a focus on organizational transformation necessary from a data and reporting perspectives. We offer a total solution that deals with claims handling, reinsurance, financial reporting, legal and regulatory, and management reporting.