Starting a syndicate with a “turnkey” managing agency

Defining the optimum model for a managing agent with several overseas branches and service companies

Reviewing the business’ operations from a tax, operations, staffing and working practices perspective several model options were defined charting the evolution of the business in the future with key metrics that would trigger planning to commence to implement the next stage in evolution.

By developing a model that consider the needs of the business to scale over the next 3 years an operating model could be designed with three stages of growth considered, budgeted and planned in advance to enable the business to deliver its immediate premium targets but also for operations to grow in tandem with the business as it scaled up to meet future processing needs efficiently.