Pro Global Insurance Solutions plc (Pro plc) is a specialist in the provision of operational outsourcing and consulting services, focusing solely on the global insurance and reinsurance industry. Our mission is to create value for our clients at each stage of their operations, by enabling them to focus on what they do best and helping them improve their operations. Our core purpose is to be the trusted delivery partner for the operations that matter to our clients.
Pro plc operates across the entire spectrum of client needs, from market entry to exit; from live to legacy business. We are best known for our ability to manage the operations that matter most to our clients and have been involved with some of the biggest and most complex assignments in the market. Examples include the management of over 25 legacy portfolios with collective liabilities in excess of $5bn and a cost reduction programme for a global reinsurer through centralisation of its operations from 15 to 2 locations.
We add value in four main areas:
- Risk, Audit and Compliance: internal and external audits including peer reviews and coverholder audits; providing risk management and compliance frameworks to ensure compliance within a changing regulatory environment
- Operational consulting: helping improve the efficiency and effectiveness of client operations and manage major change
- Technical outsourcing: providing underwriting, claims and technical accounting support to complement internal teams; client sectors include risk carriers, brokers and MGAs
- Legacy solutions: managing discontinued business through outsourcing or consulting to extract maximum value and enable clients to focus on core business activities; client sectors include risk carriers and brokers
Our people are industry practitioners with many years of experience of running often complex reinsurance and insurance operations. As experienced professionals, we can be trusted to use our initiative, blending easily with our clients’ ways of working and becoming effectively an extension of their teams.
Pro plc is a global company, operating from offices in London, New York, Cologne, Zurich, and Buenos Aires, supported by operational centres in Gloucester (UK), York (US) and Sundern (Germany). We offer local knowledge and global expertise, ensuring a cost-efficient, round the clock service to support our clients’ operations wherever they might be.
Pro plc is listed on the AIM market.