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EMB’s C-Counsel Consulting Equips Insurers with Executive-Level Insight to Compete in Demanding Market

EMB senior executives share insurance expertise to provide strategic view of the business and an improved business strategy

San Diego, CA - August 18, 2008

EMB, a global property and casualty (P&C) consulting firm, today announced the launch of its C-Counsel Consulting Program. This initiative comes in response to the need for insurance companies to stay ahead of the rapidly evolving industry, while competing with the fiscal challenges of a soft market.

EMB's C-Counsel consulting is designed to provide guidance to the C-Suite of management, including CEOs, CFOs, CMOs and CROs. Unlike the more technical actuarial consulting that EMB often offers, EMB's C-Counsel consulting provides a broad vision with a management focus to create a cohesive business plan and assist the C-suite with implementing leading technical and non-technical strategies.

EMB’s C-Counsel consultants provide insurers with the knowledge and tools to revise and execute an improved business strategy, resulting in the development of enhanced products and services and an overall more effective business. The consultants draw upon their extensive experience in the insurance industry to offer an impartial assessment of the client organizations and devise a plan to augment its successes and repair its weaknesses.

Beyond dissecting the benefits and drawbacks of existing business processes and strategies, EMB’s consultants provide tactical advice on how to implement revised business plans. This unique aspect of the program is integral to its success, as EMB’s consultants equip insurance clients with the knowledge and skills to continue to effect the necessary changes even when the consultants leave.

EMB’s C-Counsel consulting varies in scope and size, customized to the needs of each insurer. Whether it’s a complete staffing review or a one-day product analysis, EMB strives to provide clear, actionable results.

EMB’s senior consultants have 15 or more years experience in the industry, during which time they’ve worked with top 25 P&C insurance companies such as Nationwide, Progressive and USAA. The expertise founded in these backgrounds provides the consultants with first-hand experience creating and implementing improved business plans.

Executive quote

“Through C-Counsel, we’re able to provide a tailored program for each insurance company, identifying problem areas before these issues undermine the success of the company and providing specific resolutions,” says Tom Hettinger, managing director of EMB America. “For example, because insurance companies make their profit by taking risks, they must be able to identify the ‘good’ and ‘bad’ risks that are siloed within the various divisions of the company. EMB’s program assists with this process, facilitating an effective ERM program that provides visibility into the risks across the company.”

“In today’s ever-changing and increasingly competitive market, insurers must stay ahead of their competitors with the products and services they offer,” says Robin Harbage, C-Counsel Consultant. “With the insight we can offer clients through this program, insurers gain an overview of where they stand in the market, and where they need to improve to remain competitive.”

About the company

EMB is the world’s leading business and actuarial consultancy firm specializing in property and casualty (P&C) insurance. We provide award-winning, innovative software and consulting services designed to help our clients optimize their business performance, providing sustainable improvement through knowledge transfer.

At EMB, we support both large and small insurers and reinsurers. EMB in North America works with 19 of the top 25 U.S. P&C companies, while the global organization supports 23 of the world’s top 25 P&C companies. With offices across the U.S. and around the globe, we support firms both locally and globally.

Contact details

EMB America
Louisa Harbage, +1 858-793-1425
louisa.harbage@embamerica.com
or
LEWIS PR
Dan Gaffney, +1 617-226-8840
embus@lewispr.com

Technorati tags: EMB America | actuarial consultancy | business consultancy | property and casualty insurance |

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EMB’s C-Counsel Consulting Equips Insurers with Executive-Level Insight to Compete in Demanding Market

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