TCH services include arranging, preparing and giving technical assistance in due diligence, commutation and portfolio transfer or solvent schemes of arrangement as well as in other exit strategies and solutions. Full claims portfolio analyses with claims reserve verification (including IBNRs and IBNERs) can be effected by our team of claims handlers and lawyers (representing multiple jurisdictions).
Outsourcing solutions for full or partial business transfers are offered with the necessary administration (including full IT backing, if requested) as well as legal support.
Until today well over 5000 cases of Maritime and Transport losses and claims from small to double-digit Million size have been assessed by TCH and its teams, reviewed and administrated until final successful transfer, commutation or closure / liquidation.
We provide in particular the following services:
Technical Assistance and Performance in / of Due Diligence, Commutations and
Portfolio or Business Section Transfers / Run-Off
Claims Portfolio Analysis, Audits and Reviews
Reserve Verification and Calculation (actual and IBNRs)
Solvent or Insolvent Run-Offs
Full or Partial Business Transfer and Outsourcing Solutions
Claims and Portfolio Transfer Administration (incl. IT Support)
Legal Handling Lawyer Supervision and Legal Support in Transfer and Run-Off
– in cooperation with international specialist lawyers