DECIDE
Prioritise material issues, make their consequences visible and provide governing bodies with a clear basis for decision-making.
ROUX AFRIQUE ADVISORY · AFRICA & THE MIDDLE EAST
RISK & INSURANCE ADVISORY
DECIDE · STRUCTURE · OPTIMISE
Independent advice to align governance, risk financing, insurance and reinsurance with the organisation’s actual balance-sheet exposures.
Roux Afrique Advisory supports Boards of Directors, executive and finance leadership teams, risk managers, investors and lenders in decisions at the intersection of risk, finance and insurance.
INDEPENDENCE OF JUDGEMENT
An independent perspective for material decisions
We advise clients ahead of governance, investment, financing, renewal and risk-transfer decisions. Drawing on documented exposures, existing programmes and financial constraints, we develop comparable scenarios, a target architecture and a roadmap for consideration by the client.
Our recommendations are not contingent upon the placement of an insurance programme or the selection of an insurer, reinsurer or intermediary. This independence preserves the objectivity required for decisions affecting the balance sheet, business continuity or investment capacity.
Stakeholders
Boards of DirectorsCEOsCFOsRisk ManagersInvestorsLenders
THREE IMPERATIVES
Three imperatives supporting sound decisions
STRUCTURE
Align exposures, risk appetite, financial capacity and the insurance and reinsurance architecture.
OPTIMISE
Balance prevention, retention, transfer and risk financing to achieve more effective balance-sheet protection.
SCOPE OF SERVICES
Six engagements connecting governance, finance and insurance
Insurance Programme Review & Gap Analysis
Review of coverages, limits, sub-limits, deductibles, retentions, exclusions, material clauses, costs and claims history. Gaps between documented exposures and available protection are captured in a prioritised matrix.
Risk Financing
Comparison of retention and transfer levels, analysis of the total cost of risk, financial impacts and balance-sheet protection scenarios. Where relevant, the engagement may include an assessment of alternative risk-financing mechanisms, including the feasibility of a captive.
Insurance, Reinsurance & Renewal Strategy
Definition of the target architecture, transfer priorities, capacity criteria, required data and technical renewal specifications. Roux Afrique Advisory supports the discussions led by the client and its duly authorised intermediaries.
For insurers and cedants, this engagement may include a technical review of the reinsurance strategy.
Lenders’ Insurance Due Diligence
Review of insurance programmes, contractual obligations, residual risks and requirements associated with financing, refinancing, Project Finance or a public-private partnership.
M&A Insurance Due Diligence
Review of insurance programmes, claims history, insurance-related liabilities, continuity of cover and post-transaction requirements in connection with an acquisition, disposal or investment transaction.
Risk Governance & Decision Support
Structuring of risk appetite, responsibilities, indicators, committees and decision rules. Findings are translated into executive reporting for governing bodies.
DECISION POINTS
When should Roux Afrique Advisory be engaged?
- Renewal or restructuring of an insurance programme;
- financing, refinancing, Project Finance or a public-private partnership;
- acquisition, disposal or post-M&A integration;
- major investment, expansion or entry into a new country;
- review of the retention policy or consideration of a captive;
- material changes in exposures, premiums or available capacity.
LENDERS · INVESTORS · M&A
Insurance Due Diligence
Strengthening the decision before financing or a transaction
Roux Afrique Advisory assesses whether the existing or proposed insurance arrangements are appropriately aligned with the organisation’s exposures, contractual obligations and transaction objectives.
Indicative scope
- Mapping of critical exposures
- Review of coverages, limits, deductibles, exclusions and indemnity periods
- Analysis of contractual obligations and lender requirements
- Identification of red flags, residual risks and missing data
- Pre-transaction recommendations and a post-transaction roadmap
Key deliverable
Insurance Due Diligence Report comprising an executive summary, an Issue Register, identified impacts and recommended actions.
Insurance Due Diligence is led by Roux Afrique Advisory. Where asset valuation, pre-loss Business Interruption analysis or an Engineering Risk Survey is required, Roux Afrique EVS provides the corresponding specialist input.
METHODOLOGY
A methodology built around the decision to be made
- 01
FRAME
Define the required decision, scope, assessment criteria, stakeholders, engagement governance and data room.
- 02
DIAGNOSE
Review available exposure data, insurance programmes, claims history, contractual obligations, coverage gaps and missing information.
- 03
MODEL
Develop retention and transfer scenarios, assess their financial implications and compare their advantages, limitations and sensitivities.
- 04
STRUCTURE
Document the target architecture, priorities, technical specifications and renewal strategy.
- 05
IMPLEMENT & UPDATE
Translate the selected decisions into responsibilities, deadlines, indicators and a roadmap, then support their ongoing update.
Methodological hallmark
Every conclusion is linked to a source, an assumption, an impact, a recommendation and a priority level.
DELIVERABLES
Deliverables designed for decision-making
Depending on the engagement:
- 01Risk Profile & Executive Risk Memo
- 02Programme Review & Gap Analysis
- 03Risk-to-Coverage Matrix
- 04Risk Financing Strategy
- 05Renewal, Underwriting & Market Roadmap
- 06Insurance Due Diligence Report & Issue Register
- 07Roadmap, RACI matrix, timeline and dashboard
Sources, assumptions, limitations, missing data and responsibilities are explicitly documented.
INTEGRATED MODEL
Clear accountability. Coordinated specialist input.
Roux Afrique Advisory
Governance, Risk Financing, insurance programme architecture and Insurance Due Diligence.
Roux Afrique EVS
Valuation, pre-loss Business Interruption analysis, physical inventories and Engineering Risk Survey.
Roux Afrique Claims
Policyholder loss advisory and representation, post-loss quantification and claim advocacy, Claims Management and TPA.
Roux Cyber
Cyber Risk Survey and quantification of cyber-loss scenarios.
Roux Afrique Advisory integrates the specialist input required without blurring the distinct responsibilities of each subsidiary.
AFRICA & THE MIDDLE EAST
African expertise. International standards.
Our experts work alongside executive teams, lenders and investors across Africa, the Maghreb and the Middle East.
- 01Independence of judgement
- 02Multidisciplinary expertise
- 03Operational knowledge of African markets
- 04Structured, traceable and auditable data
Sectors served
Energy & UtilitiesOil & GasMining & MetalsIndustrials & ManufacturingInfrastructureTransport & LogisticsTelecommunicationsAgribusinessLarge Asset PortfoliosInvestorsFinancial Institutions
FREQUENTLY ASKED QUESTIONS
Understanding a Risk Advisory engagement
What is a Risk Advisory engagement?
It is an advisory engagement designed to structure decisions concerning exposure, prevention, retention, transfer, risk financing and balance-sheet protection.
When should an insurance programme be reviewed?
Before a renewal, financing, acquisition, restructuring or any material change in assets, operations, geographical footprint or exposures.
Does Roux Afrique Advisory replace the insurance broker?
No. Roux Afrique Advisory structures the decision, assesses gaps and prepares the technical requirements. Regulated intermediation and placement activities remain the responsibility of duly authorised professionals.
What is the difference between Insurance Due Diligence and an M&A valuation?
Insurance Due Diligence assesses insurance programmes, contractual obligations, residual risks and coverage requirements. The valuation of assets for M&A purposes is undertaken by Roux Afrique EVS.
Can you support an assessment of a captive?
Yes, at the feasibility-assessment, retention-strategy and governance stages. Specialist legal, tax, accounting and actuarial work remains entrusted to the relevant qualified professionals.
AN INDEPENDENT PERSPECTIVE
A strategic decision deserves an independent perspective
Present your governance, financing, investment or risk-transfer challenge to us. Roux Afrique Advisory will structure the scope, analyses and deliverables around the decision to be made.
Speak with Roux Afrique Advisory