Hampden operates legacy management centres in Head Office, City of London and Continental Europe, giving specialised access to insurance markets and experienced local staff. Hampden’s systems and experience in this sector provides a unique and professional wind down solution for insurance portfolios across Europe.
We can offer run-off management and administration services for legacy accounts.
We employ specialist insurance practitioners who can assist with issues arising from discontinued business including claims adjusting, inspections, preparation of accounts and regulatory returns.
Alternatively we can offer finality solutions including Part VII transfers, to enable companies to close down accounts/companies. In recent years transfers of six legacy portfolios have been accepted by the European companies.
Over the past 10 years Hampden has been expanding its legacy team and the range of services it provides. This remains a growth area of the group and we are interested in pursuing opportunities to acquire or manage new insurance entities.
Hampden has been involved in insurance management solutions for longer than any other outsourcing company, and has experience in all aspects of the business.
To discuss specific insurance management requirements or finality options for discontinued business please contact us.