Guaranteed results

Do your employees or consultants get paid by results?

We can work together using:

• a day rate with 0 days’ notice.
• fixed project fees.
• innovative guarantees on commercial results.

Let’s look at three examples of my guarantees:

• Analytics. Includes statistical modelling and machine learning. Almost guaranteed.
• Insurers. From zero to top 5 in 3-5 years. Big guarantees. (*)
• Reinsurers. Optimize your prices in clients’ eyes. Limited guarantees.

(*) This one requires serious two-way commitment.

How can this possibly work?

Let’s take a closer look at each area.

Analytics

Insight from data, starting with the simplest Excel analyses.

I will guarantee:

• improvements in your usage of tables and pivot tables
• the quality and speed of results
• your ability to use these tools for real decisions

No analysis paralysis, just better decision making.

As an example in the individual protection domain, I can bring you so-called distributor quality management (DQM) and associated analytics; I helped build this at L&G almost 20 years ago.

We can certainly also use data science techniques, but you will be amazed at what can be achieved with traditional analyses, injected with some imagination.

Insurers: top 5

If we have a cultural fit - including having the appetite and delivery mindset - I can offer structures where you pay only if you profitably generate top 5 volumes within 3-5 years.

I believe profitable top 5 term placings can be achieved in 3-5 years, so here’s my offer:

1. A 3-year term project.
2. Zero salary or fees payable to Transformaction (or me).
3. Agreed objective success measures.
4. Payments linked to volume and/or profits.
5. Appropriate break clauses.
6. Oversight by third parties, to keep us all honest.

Do your employees or consultants offer this? Why not?

Reinsurance price optimization

Perhaps I can’t work with every reinsurer on this. Work with me to offer alternative shapes and structures in tenders. Offer profit-neutral alternatives which increase your chances of winning. I can’t guarantee your success, but I’m open to “no win, no fee” arrangements.