In the beginning, RiverStone was created to enable Fairfax companies to offload books of business that represented a strain on their bottom lines. We recognized the power of the business model and began extending the many benefits to non-Fairfax companies.
With more than 25 years of experience, we’ve grown our expertise in run-off to include some of the most complex and damaging claims situations – asbestos, pollution and health hazards, medical malpractice, workers’ compensation, and more. The kind of risks that can become incredibly expensive if they’re not handled with skill, tenacity, and care.
These are the qualities you can expect when you turn to RiverStone for legacy management.
◊ Capital and risk optimization
By crafting creative legacy solutions, we help you mitigate your future risks, stabilize your financial performance, improve your solvency ratios, and reduce your reserve burdens.
◊ Operational efficiency
You’ve spent enough of your time on this. RiverStone assumes responsibility for policy administration, claims processing, and compliance reporting.
◊ Regulatory and compliance support
Similarly, RiverStone manages compliance with evolving insurance regulations, mitigating regulatory risks.
◊ Exit strategies for underperforming books
Our tailored acquisition models include loss portfolio transfers (LPTs), reinsurance and novation transactions, and other flexible solutions designed to meet your strategic goals.
◊ Access to advanced technologies
We leverage technologies to find inconsistencies in depositions, testimonies, and legal rulings.
◊ Strategic partnerships
We work collaboratively and transparently with insurers to develop customized solutions that maximize value.
