Chapter 8: Global Insurance Services

Top Disputes & Investigations

Perhaps no other industry will feel the after-effects of COVID-19 as extensively as the worldwide insurance and reinsurance industries. As companies sort through an expected avalanche of business interruption claims and disputes, they will need to navigate any changes in legislation and evolving court decisions to determine their exposure to COVID-19. FTI Consulting’s Global Insurance Services experts are ready to help.

In this section of our 2020 Insights: Top Disputes & Investigations report, we highlight our work helping clients resolve disputes on major Global Insurance Services projects.

Guiding a Global Insurer Through Large-Scale Acquisition

FTI Consulting’s client, a global property & casualty insurer and reinsurer, was about to embark on a sizable acquisition of a complementary business but did not have the in-house experience to organize and manage such a large-scale acquisition. We provided M&A support, program management, and strategic advisory expertise to help them through the process of acquisition and integration.

FTI Consulting mobilized a team of experienced M&A consultants and project/program managers to assist the client. The team built a project plan to cover all the tasks until the deal was signed and then a plan to execute on integration. In addition to shepherding the acquisition process, we provided input on disposing of a back book of insurance business, advice on dealing with the insurance regulator and support on optimizing the organization structure.

The deal was signed and all key pre-signing tasks were adequately covered. The client now seeks to involve FTI Consulting in post-acquisition initiatives, such as a developing a longer-term Target Operating Model and delivering the synergies.