{"id":8195,"date":"2023-04-13T09:13:51","date_gmt":"2023-04-13T14:13:51","guid":{"rendered":"https:\/\/www.bbrown.com\/case-study\/analysis-post-acquisition-leads-to-a-more-efficient-consolidated-program\/"},"modified":"2023-04-13T09:13:51","modified_gmt":"2023-04-13T14:13:51","slug":"analysis-post-acquisition-leads-to-a-more-efficient-consolidated-program","status":"publish","type":"case_study","link":"https:\/\/www.bbrown.com\/ca\/case-study\/analysis-post-acquisition-leads-to-a-more-efficient-consolidated-program\/","title":{"rendered":"Analysis Post Acquisition Leads to a More Efficient, Consolidated Program"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row row_style=&#8221;page-hero&#8221; full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column]\n\t<div class=\"hero hero--wrap    \">\n\n\t\t<div class=\"hero--background-image hero--background-image-blur\">\n\t\t\t<div class=\"hero--overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"hero-background\" style=\"background: url(https:\/\/www.bbrown.com\/wp-content\/uploads\/2023\/04\/AdobeStock_197796043-scaled.jpeg) center center no-repeat; background-size: cover;\"><\/div>\n\t\t\t\t\t<\/div>\n\n\t\t<div class=\"hero--container\">\n\t\t\t<div class=\"container\">\n\t\t\t\t<div class=\"hero--inner width-100\">\n\n\t\t\t\t\t\n  <div class='content-heading  100%  '>\n    <p class='text-white subheading'>Case Study<\/p>\n    <h1 class='text-white    '>\n      Analysis Post Acquisition Leads to a More Efficient, Consolidated Program\n    <\/h1>\n\t\n  <\/div>\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n[\/vc_column][\/vc_row][vc_row row_padding_bottom=&#8221;pb-2&#8243; full_width=&#8221;stretch_row&#8221; equal_height=&#8221;yes&#8221; content_placement=&#8221;bottom&#8221;][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;791&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;3\/4&#8243;]\n  <div class='content-heading  100% content-heading--ruled '>\n    \n    <h2 class='text-brand-dark-blue    h2'>\n      The Request\n    <\/h2>\n\t\n  <\/div>[vc_column_text]<\/p>\n<h3>Consolidate multiple risk financing programs after significant merger activity<\/h3>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_padding_top=&#8221;pt-1&#8243; equal_height=&#8221;yes&#8221; content_placement=&#8221;bottom&#8221;][vc_column][vc_column_text]<\/p>\n<h4><strong>Company Profile<br \/>\n<\/strong><strong>Industry:<\/strong> Healthcare<br \/>\n<strong>Employees: <\/strong>70,000+<br \/>\n<span class=\"NormalTextRun SCXW29828549 BCX0\"><b>Locations: <\/b>1,400<b><br \/>\nAnnual Revenue: $<\/b>10B+<\/span><\/h4>\n<p>A large healthcare organization acquired three major competitors over 36 months. Post-merger, they had four underperforming and distinct risk financing programs for Medical Professional Liability \u2013 one offshore captive, one domestic RRG, one Self-Insured Trust, and one sizeable deductible program. Each program utilized separate brokers, actuaries, and captive managers. They needed strategic advice to consolidate these programs and optimize a new program to move them forward efficiently and effectively.[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_padding_bottom=&#8221;pb-2&#8243; full_width=&#8221;stretch_row&#8221; equal_height=&#8221;yes&#8221; content_placement=&#8221;bottom&#8221; css=&#8221;.vc_custom_1638896243466{background-color: #eaeaec !important;}&#8221;][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;794&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;3\/4&#8243;]\n  <div class='content-heading  100% content-heading--ruled '>\n    \n    <h2 class='text-brand-dark-blue    h2'>\n      The Solution\n    <\/h2>\n\t\n  <\/div>[vc_column_text]<\/p>\n<h3>Thorough analysis of all costs and programs associated with the combined organization<\/h3>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_padding_top=&#8221;pt-1&#8243; full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1638896256859{background-color: #eaeaec !important;}&#8221;][vc_column][vc_column_text]Brown &amp; Brown uncovered the opportunity to free up over $30 million of trapped capital in their risk financing programs. We analyzed every element, claim, and cost associated with the program and the business from top to bottom. A segregated cell captive was recommended for the combined organization.[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_padding_bottom=&#8221;pb-2&#8243; equal_height=&#8221;yes&#8221; content_placement=&#8221;bottom&#8221;][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;792&#8243; img_size=&#8221;full&#8221;][\/vc_column][vc_column width=&#8221;3\/4&#8243;]\n  <div class='content-heading  100% content-heading--ruled '>\n    \n    <h2 class='text-brand-dark-blue    h2'>\n      The Results\n    <\/h2>\n\t\n  <\/div>[vc_column_text]<\/p>\n<h3>Reduced captive expenses and new strategy to boost limits available to all merged entities<\/h3>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row row_padding_top=&#8221;pt-2&#8243; equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221;][vc_column][vc_column_text]Brown &amp; Brown demonstrated that annual operating captive expenses would be reduced by over $300,000 once the consolidation is completed. We dug in deeper and examined the excess insurance and reinsurance programs, laying out a strategy to boost the limits available to all merged entities while eliminating their clash claim exposure. Even while achieving these significant enhancements, we uncovered unnecessary carrier premium payments of $2.3 million through the implementation of a consolidated program strategy.[\/vc_column_text][vc_single_image image=&#8221;1423&#8243; img_size=&#8221;medium&#8221; onclick=&#8221;custom_link&#8221; img_link_target=&#8221;_blank&#8221; link=&#8221;https:\/\/www.bbrown.com\/wp-content\/uploads\/2023\/04\/Case-Study-\u2013-Healthcare-Consolidated-Program-\u2013-Brown-Brown-Web.pdf?ver&#8221;][\/vc_column][\/vc_row][vc_row][vc_column]\n  <div class='content-heading  100% content-heading--ruled '>\n    <p class='text-brand-blue subheading'>Ready to help minimize your risk and uncertainty?<\/p>\n    <h2 class='text-brand-dark-blue   text-bold h2'>\n      Contact us for more information.\n    <\/h2>\n\t\n  <\/div>\t<div class='wpb_content_element text-left btn-container'>\n\t\t\t\t\t<a class='btn btn-brand-green  '\n\t\t\t\thref='\/us\/contact' target='' data-toggle=''>\n\t\t\t\t<span class=\"btn-text-color--default\">Contact Us<\/span>\n\t\t\t<\/a>\n\t\t\t<\/div>\n[\/vc_column][\/vc_row][vc_row][vc_column][vc_separator][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<span style=\"font-weight: bold; font-style: italic; font-size: 10.0pt; background: white;\">DISCLAIMER:<\/span><span style=\"font-style: italic; font-size: 11.0pt; background: white;\">\u00a0<\/span><span style=\"font-style: italic; font-size: 9.0pt; background: white;\">Brown &amp; Brown, Inc. and all its affiliates, do not provide legal, regulatory or tax guidance, or advice. If legal advice counsel or representation is needed, the services of a legal professional should be sought. The information in this document is intended to provide a general overview of the topics and services contained herein. Brown &amp; Brown, Inc. and all its affiliates, make no representation or warranty as to the accuracy or completeness of the document and undertakes no obligation to update or revise the document based upon new information or future changes.<\/span>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Brown &#038; Brown worked with a healthcare company to analyze costs associated with acquiring multiple competitors. See the results.<\/p>\n","protected":false},"author":66,"featured_media":8197,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"service":[12],"industry":[42],"location":[17],"class_list":["post-8195","case_study","type-case_study","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Analysis Post Acquisition Leads to a More Efficient, Consolidated Program - Brown &amp; Brown<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bbrown.com\/ca\/case-study\/analysis-post-acquisition-leads-to-a-more-efficient-consolidated-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analysis Post Acquisition Leads to a More Efficient, Consolidated Program\" \/>\n<meta property=\"og:description\" content=\"Brown &amp; Brown worked with a healthcare company to analyze costs associated with acquiring multiple competitors. 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