Our Run Off Solutions are designed to allow reliable, secure exits from business
that is no longer vital to a clients' continued growth and success. Using our Run
Off Solutions concepts, Wilton Re acquires blocks of business or entire companies,
whether closed block or active product marketers. In doing so, our clients can unlock
value in non-core businesses, or divest low return business dependent on legacy
systems and expensive and inefficient administration platforms:
- Run Off Solutions helps optimize returns on capital by reallocating "trapped" capital
and the value of embedded future profits to core lines of business or other capital
management initiatives.
- When desired, Wilton Re will assume responsibility for future administration of
the business, relieving the seller from the need to retain and maintain legacy systems,
the associated overhead, and the related of management distraction.
- Wilton Re has the flexibility and expertise required to assume a broad range of
products in these transactions.
- Wilton Re has the capability to continue the marketing of new life insurance products
to provide continuity for distribution.
Our Run Off Solutions team has extensive experience in structuring, closing and
transitioning (as applicable) these transactions. We are experts at navigating the
legal, regulatory, tax and accounting complexities involved in these transactions,
ensuring an efficient and timely transition for our clients.