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Richard Oliver Risk
Managers Pte. Ltd.
78 Shenton Way, Suite 23-01, Singapore 079120; 65-221-8561;
Parent: Willis Corroon Richard Oliver Pty. Ltd.
Frequent services: Government reporting, accounting, manual claims processing, online access to claims data, claims reserves analysis, loss forecasting, reinsurance brokered for captives, underwriting and ratemaking, loss control (Asia Pacific), risk management consulting, liability program management.
Occasional services: Feasibility studies, captive formation, computerized claims processing, investment management.
Staff: Nine; five professionals.
Clients: Three active captives managed at year-end 1996. Captive premium volume, $24.0 million. Capital and surplus managed, $27.0 million. Minimum size, $1.0 million.
Compensation: Annual fee: $25,000 minimum; hourly.
1996 gross revenues: $1.1 million, 49% from fees charged for captive management, 51% from other services.
Officers: A. Pellen, managing director.
Optimum Risk Research (International) Ltd.
P.O. Box 627, 26 Cornet St., St. Peter Port, Guernsey GY1 4PP; 44-1481-724212; fax: 44-1481-710696
Offers rent-a-captive services.
Frequent services: Accounting, computerized claims processing, claims reserves analysis, offshore company management.
Occasional services: Feasibility studies, captive formation, government reporting, manual claims processing, online access to claims data, investment management, legal advice.
Staff: Three, all professionals.
Clients: One active captive managed at year-end 1996.
Officers: Jean-Francois Gelot, managing director; Francoise Gelot, executive director; Rosemary Le Messurier, manager.