Guy Olofson ACII, CIP, AICM has worked in the insurance and reinsurance industry since 1980. Guy heads up the Third Party Coverholder and TPA audits undertaken for the Lloyd's and Company Market and has personally undertaken in excess of 100 such audits in the UK and Europe.
Previously, Guy conducted reinsurance audits on behalf of the both the Lloyd's Market and Non-Lloyd’s Market, often as a precursor to commutation discussions. Audits undertaken have ranged from complete account reviews including examination of the underwriting, accounting, reinsurance programmes and claims, to those focusing on claims or premium accounting. The classes of business reviewed have included Liability, Marine, Motor, Property and Personal Lines.”
Prior to this, Guy’s claims and reinsurance experience gained in the company market was bolstered by the move into consultancy, where he undertook loss adjusting, specialising in Jewellers Block business. His consultancy experience also included undertaking inspections involving all of the major classes of business for both the Lloyd’s and the Company market, litigation support, commutations of large North American Casualty programmes and reinsurance aged debt collections, with emphasis on the USA and Europe. At Cranmore, this has expanded further to include leading inspections, assisting in due diligence work, and undertaking Delegated Authority reviews (both Underwriting and Claims).