Sign up to our mailing list...

Get market insights straight to your inbox

Keep me informed

It is a good time to be a reinsurer. For the first time in years, reinsurers are talking about a hard market and capacity shortages.

But a rising tide does not, in this case, lift all boats equally.

In the short term, underwriting conditions are challenging due to multiple forms of inflation and because exposures such as cyber and the impact of climate change are hard to quantify.

Longer term, operating models and technology stacks are under strain as companies become larger and more complex. Executives must combine the art of underwriting with the graft of organisational and technology change to win.

Our experienced team helps executives find their edge by understanding the future of the industry, identifying solutions and delivering on their priorities.

WE CONNECT C-SUITE DECISION-MAKING WITH PRACTICAL, STRATEGY-DRIVEN CHANGE

Strategy

We help management teams understand their options and trade-offs and make robust decisions.

Operations

We use our industry expertise to build detailed, bespoke operating models and processes aligned to the specific features of your strategy.

Technology

We recognise that technology is a fundamental shaper and enabler of modern strategy and support with architecture design and vendor selection.

Strategic transformation

We help organisations transform by connecting strategy to delivery, ensuring that delivery both aligns to strategy and shapes it.

WHAT WE DO IN REINSURANCE

Strategy

We help executive teams understand and prioritise opportunities and threats, find their “edge” and communicate compellingly to their stakeholders.
Find out more

Operations

We help executive teams build robust, scalable businesses and operating models, covering organisation design, key processes and governance.
Find out more

Technology

We help business executives understand how technology can boost their productivity, and technology executives build and deliver technology strategies and roadmaps aligned to strategic imperatives as well as helping them select vendors.
Find out more

Transformation

We help executive teams execute on their priorities by supporting them through a continuous cycle of strategic decision-making and detailed design and delivery.
Find out more

M&A

We help investors and corporates with commercial, operational and technology due diligence, deal preparation and execution, and post merger integration.
Find out more

EXAMPLE ENGAGEMENTS

Transformed an underwriting organisation

A leading reinsurer wanted to reinvent their underwriting organisation to eliminate pain points and harness future opportunities in digital. We supported the client through a multi-year transformation programme that addressed both soft and hard aspects of their operating model design.

Rethought a post-bind operating model

A leading reinsurer identified that their post-bind operations had developed organically leading to challenges with scalability. We supported the client to develop a new, deliberate global operating model. This led to improvements in both efficiency and quality, which are the foundations to support future scale.

Developed a global innovation and digital strategy

A large reinsurer wanted to develop a global innovation and digital strategy. We worked with the CEO and board members to develop a strategy which is currently being delivered

Created a ‘break-out’ growth strategy

A reinsurance client had a robust footprint in their home region but limited traction in other markets. We supported the CEO to identify where they could develop ‘edge’ and how to access new sources of business.

Built a technology operating model

A large reinsurer had developed a proprietary technology platform but found the technology team had become detached from the underwriting team as the business had scaled. We supported the business to build a better technology operating model, which was subsequently implemented, connecting IT with the business.

Redesigned management information

A leading reinsurer wanted to rationalise the information used in the business and build standardised reporting driven by ‘golden sources’. We helped the client identify metrics to run the business, defined how to source the right data and developed the governance required to deliver the insight.

“Oxbow Partners’ extensive knowledge of the industry and vendor landscape allowed us to quickly identify a technology partner to support our growth ambitions.”

Marianne Harvey, Head of Operations, AEGIS London

We valued Oxbow Partners’ insight into the reinsurance industry and collaborative approach highly when we were defining our Group strategic initiatives.

Jean-Jacques Henchoz, Group CEO, Hannover Re

We are proud to have been recognised in this year’s InsurTech Impact 25. The team’s detailed diligence process along with their understanding of the future of the industry makes Membership of the Impact 25 an important signal about the potential of our business model to insurers, corporates and investors.

Tanguy Touffut, CEO and Founder, Descartes Underwriting

The team at Oxbow Partners has demonstrated a depth of understanding of the market in which we operate and their Market Intelligence provides useful insight that stimulates Executive and Board level discussions and strategy development.

Ant Middle, CEO, Ageas UK

Oxbow Partners supported us on the CDD of a fast-growing InsurTech. We really valued their deep sector knowledge and pragmatic approach. Over a two-week period, the team helped us to quickly understand the opportunity and competitor landscape, and the complexities of the target’s business model and potential risks.

Marco Cazzola, Investment Director, Kyron (Ardonagh)

We valued Oxbow Partners’ insight into the reinsurance industry and collaborative approach highly when we were defining our Group strategic initiatives.

Jean-Jacques Henchoz, Group CEO, Hannover Re

We were very pleased with our decision to select Oxbow Partners as our advisor helping us to define a strategy which we have been grappling with. The team was highly knowledgeable about the industry and market but crucially also aligned to our values and working practises, allowing us to develop realistic solutions to long-standing challenges.

Maria Crockart, Director, Aviva

“Oxbow supported us in a complex platform selection exercise and brought a strong team with deep knowledge and experience. Probably most critical to our success was the cultural fit; working with them felt like a real partnership with the boundaries between internal and external team members all but invisible and all working towards the same goals.”

Mark Carpenter, Head of IT, AXA Emerging Customers

The Oxbow Partners InsurTech Impact 25 has become an important report for insight into the rapidly evolving insurance technology landscape. My team and I value its trenchant analysis and the process with which Members are selected. I was delighted to support this year’s publication through my involvement in the Advisory Board.

Tom van der Brulle, Global Head of Innovation, Munich Re

Oxbow Partners work helping us understand the likely impacts of GIPP on the home insurance market was key to our investment decision

Duncan Ramsay, Partner, ECI

RELEVANT PRODUCTS

Magellan

Magellan is our insurance technology navigator. Magellan contains detailed information on over 4,000 technology vendors targeting the global (re)insurance market. Magellan is designed to help business and technology professionals find the right short-list of companies to help with their specific technology requirements. We offer both a self-service subscription and a ‘Curated Search’ service delivered by our dedicated team of experts.
Find out more

Cedent Market Intelligence

Our team helps reinsurers get quarterly insight into the most significant cedents in the market, covering financial performance, key team moves, ESG, news announcements and more. The product is designed to give the internal marketing team leverage.
Find out more

staff pic

Lead contact

Chris Sandilands ACII, Partner

Chris leads Oxbow Partners’ Growth and M&A practices, focusing on reinsurance and UK and Ireland personal lines. His past experience includes underwriting at Munich Re, management consulting at Oliver Wyman and launching a start-up. He is a fluent German speaker and has a first class degree in Modern Languages from Oxford University.

Contact
staff pic

Lead contact

Miqdaad Versi, Partner and ESG Lead

Miqdaad leads Oxbow Partners’ ESG and reinsurance taskforces. Examples of his recent experience in ESG includes working with a global FS player on their end-to-end climate risk programme, leading an ESG benchmarking exercise of Bermudan (re)insurers and leading an ESG strategy for a European insurer, and supporting a European insurer develop an ESG strategy from scratch. Miqdaad started his career as a management consultant at Oliver Wyman, worked in strategy at RBS, led a transformation of a small business and worked independently before joining Oxbow Partners. Miqdaad has a first class degree in Mathematics from Oxford University

Contact
staff pic

Lead contact

George Hanks, Principal

George is a Principal at Oxbow Partners, leading projects across the strategy, operations and technology practices at Oxbow Partners, and frequently projects where these three practices overlap. George's recent experience includes developing an end-to-end TOM for a leading global reinsurer, creating a digital strategy for a corporate insurer and defining the technology strategy for a reinsurer.

Contact