A government-owned insurance entity engaged Prominence to lead a strategic review exploring options for providing insurance coverage to state-owned corporations facing challenges in the commercial market.
Prominence undertook extensive stakeholder engagement, including consultation with high-risk corporations, to assess needs and evaluate viable coverage models. The work involved developing and assessing alternative options, supported by expert input from an external insurance specialist, and managing complex considerations including ESG factors and evolving market conditions.
The engagement delivered a comprehensive report outlining short, medium and long-term options, supported by a practical implementation plan. Prominence’s ability to rapidly build industry knowledge, engage stakeholders effectively and deliver high-quality insights resulted in ongoing involvement in subsequent strategic initiatives.
