Client Assignment – Reliance Mutual Insurance Society
Reliance Mutual Insurance Society business to LCCG
Project Management & Technical Consultancy for Part VII Insurance Business Transfer
Initial Part VII Programme setup and project management followed by technical consultancy throughout the life of the programme. The transfer involved transferring all of RMIS’s business into a completely new life company setup by LCCG, a life insurance consolidator. This presented a number of unusual challenges and opportunities compared to transfers into an insurer with legacy business. Programme setup was fast-tracked using Avanti Consulting’s extensive Part VII technical resources and expertise. Costs were significantly reduced by first establishing a stable programme and then fully utilising client resources to provide ongoing core project management with Avanti Consulting acting as technical advisor throughout the remainder of the project.