Leading Adviser in the US
Leading Adviser in the US Demotech, Inc. is a financial analysis firm specialising in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable and proven Financial Stability RatingsÂŽ (FSRs) for property and casualty insurers and title underwriters. We spoke to Joseph L. Petrelli, President of Demotech, to find out more.
Company: Demotech, Inc. Name: Joseph L. Petrelli Email: firstname.lastname@example.org Web: www.demotech.com Address: 2715 Tuller Parkway, Dublin, OH, USA Telephone: 1 614 761 8602
Demotechâ€™s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. One of the more important considerations that takes place behind the scenes is reassuring the client that the questions posed and answered in response are rarely intended to be as personal as they might appear. Those who have built companies and now seek to sell all or a part of the company have an institutional and corporate memory that outsiders will never possess. We get them to respond to the questions honestly and present background information and a narrative to assist with their quantitative response.
We work in a highly competitive industry where we constantly need to be at the cutting edge. Demotech ensures that it is at the forefront of emerging issues by retaining credentialed insurance professionals and encouraging them to attend seminars, webinars and other professional development opportunities. Similarly in mid-2015, we launched The Demotech Difference, our house magazine. Published quarterly, The Demotech Difference provides subject matter experts with an opportunity to discuss and explain the critical issues that can, will or might impact the insurance industries that we serve. The utilisation of financial analysis to implement innovative solutions is at the heart of everything we do at Demotech, and we are focused on being the leading provider of innovative solutions to financial analysis issues. As such, we have several firsts to our credit. Among these include being the first to review and rate independent regional and specialty insurers, title underwriters, health maintenance organisations and self-insured public entity liability insurance pools as well as self-funded trusts. These values are maintained across all areas of our company as our professional, credentialed analysts are uniquely qualified to present the solutions and analysis that buyers or sellers require. Perhaps Demotechâ€™s most distinguishing feature is the experience of its staff. Our primary consultants and analysts have extensive insurance industry experience, have secured credentials that are well respected in the industry and have an average tenure at Demotech of more than 20 years. With this calibre of professionals, we can provide real world analysis and recommendations that are impacted by the pertinent issues of the day and have anyone on our team of analysts communicate the information in order to ensure that all client situations have similar input. Looking towards 2016 and beyond, Demotech is focused on continuing to grow and serve our current and our future clients. With a team of experienced, credentialed professionals, we are uniquely positioned to address the current as well as the emerging issues that must be addressed. Next year, we will host a seminar addressing the needs of regional and specialty carriers in the important areas of product development, client retention and the identifying and responding to emerging issues.
Acquisition International - December 2015 79