Apetrop USA, Inc.
Insurance - Brattleboro, Vermont, United States
Apetrop USA, Inc. Employees
Apetrop USA, Inc. Senior Management
Apetrop USA, Inc. Details
Apetrop USA, Inc. is pioneering the transfer of closed blocks of insurance and reinsurance business under Vermont's Legacy Insurance Management Act (LIMA). Apetrop USA offers consulting and advisory services to insurers, reinsurers and other investors and prospective investors related to these transfers.LIMA represents the first instance of US legislation enabling the transfer of closed blocks of commercial insurance policies, thus creating for the first time a legal and regulatory framework and marketplace for such transfers.Apetrop USA offers a wide range of services, advising and assisting clients in the US, UK and Europe in all aspects of the LIMA transfer process, including special-purpose entity organization and administration, regulatory compliance, transfer plan negotiation and documentation, identification and notification of affected parties and post-transfer claims management.Apetrop USA's leadership team also provides other consulting and advisory services to clients in the insurance and reinsurance sectors, including reinsurance collections, run-off, trapped cash recovery and technical audit services.
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