Acumen acquires insurance and reinsurance companies or portfolios in run-off. An outright acquisition by Acumen provides a clean exit for previous owners from existing and future insurance liabilities and a release of their capital. We are also committed to maintaining a good reputation of entities we acquire.

Run-Off


Acumen can provide the following boutique, client focused services
to Insurance Companies (including Captives and Sidecars): Assistance and advice with incorporation and insurance registration process

  • Co-ordination of tax, banking, auditing, actuarial and legal representation
  • Preparation of financial statements in accordance with GAAP and tailored to meet individual client reporting requirements
  • Complete Statutory Financial Returns
  • Coordinate audit of GAAP financial statements and Statutory Return
  • Liaison with auditors, actuaries, bankers and corporate administrators
  • Assistance with setting up and monitoring security requirements – e.g. letters of credit or reinsurance trusts
  • Coordinate annual shareholder meetings including the preparation and presentation of meeting booklets

Insurance Management