Our Services

PRIMARY SERVICES Ancillary Services

Wording & Compliance

  • Cover notes and Wordings delivered to meet regulatory requirements
  • Dedicated wording personnel knowledgeable in emerging legal and social developments and varying compliance issues
  • Each treaty reviewed on an individual contract basis to ensure clauses and exclusions are relevant to the business covered and country where business originates
  • Placing brokers have hands-on input into documentation
  • Your resource on regulatory developments through BRMA, RAA, RRC and Financial Services Authority (FSA)
  • Wordings are done in-house and customized to your book of business

Accounting & Claims

  • Accurate and current premium processing, cash calls and premium adjustments
  • Efficient and quick collection and remittance of loss recoveries
  • Focus on timely collection and distribution of claims settlements
  • Claims and accounting functions are handled in our Toronto office
  • Familiar with all regulatory requirements such as HIPAA and PIPEDA

Market Security

  • Financial security and strong ratings of reinsurance markets monitored
  • Reinsurers must meet the financial criteria of the Security Committee comprised of senior insurance and reinsurance executives from Canada and the US
  • PRC's senior brokers provide market intelligence through hands on experience
  • Meets on a quarterly basis and provides on-going evaluations to our clients
  • Formal report summarizing the most current Annual Reports and utilizing A.M. Best, Standard & Poor's, Fitch and Moody's plus other accredited sources

Modeling Services

Consulting Services of Princeton has developed Pandemic, Catastrophic and Site Specific models which are unique to the Life, Health and Accident insurance industry. They were developed specifically to address the exposure to large loss scenarios.

  • Pandemic model provides projections on infection rates
  • Site Specific and Catastrophic models track exposure and simulate loss experience for natural and man-made events
  • Tool for client in managing exposures, outlining disaster scenarios to assist in determining risk tolerance

Turnkey Products

  • Critical Illness
  • Accidental Death & Dismemberment

Financial security analysis of reinsurance markets