Over the past 20 years principals at OFF&V have developed an extensive property and casualty insurance company financial forecasting model, based on both Statutory and Generally Accepted Accounting Principles, which is sufficiently flexible to accommodate a variety of strategies and situations. Originally developed to evaluate mergers and acquisitions, OFF&V now employs the model in any engagement where decisions are incomplete without a firm understanding of the future financial implications including, among others:
- Evaluation of Current & Alternative Business Strategies: under different market conditions, reflecting both investing and underwriting results, including distribution, pricing and underwriting alternatives.
- Evaluation of Corporate Strategic Initiatives: a critical element in assessing opportunities involving joint ventures, mergers, acquisitions, and in measuring capital adequacy and the “cost” of capital.
- Customized Educational Programs: designed to increase the awareness of senior management and boards of directors regarding the key elements of assessing financial performance and understanding how rating agencies and others view the company.
- Reinsurance Analysis: as the basis for quantifying the risks faced by the company, integrating key elements determining the exposures of the company to financial disruption.
- Risk Management: as the basis for quantifying the risks faced by the company by integrating elements determining the exposures of the company to financial disruption.
