WK-CONSULTING

Independent · competent · reliable

Credit, Surety and Political Risk and Mortgages (Re)insurance advice.

WK-CONSULTING

WK (Re)Insurance Consulting is an independent Credit, Surety, Political & Single Risk and Mortgage Consulting company serving your needs as a insurance and reinsurance company.
With our vast network and deep knowledge in the credit & Surety world we are your perfect partner for dealing with your ambitions and solving your problems.
WK (ReInsurane Consulting is a independent WK (Re)Insurance Consulting has vast experience in Credit, Surety, Political & Single Risk and Mortgage (Re) Insurance Underwriting. Based on this basis we`ve been developing profound skills in

  • setting up new (re)insurance entities
  • handling and managing claims
  • general auditing of insurance as well as reinsurance comp
  • Managing and evaluating portfolio run offs for Credit, Surety and Political Risk entities
  • Establishing MGA’s

We are here to serve you!

About us

After more than 30 years in the Credit & Surety Industry in leading positions Winfried Knust, the owner of WK (Re)Insurance consulting, 6decided to offer his vast experience to interested parties as an independent consultant

About: What we do

WK (Re) Insurance Consulting is a globally acting management consulting and advisory  offering services to insurers and reinsurers.

Biography

Winfried Knust

Winfried Knust is the founder of WK (Re)Insurance Consulting. It is a management consulting Company focusing on entities primarily involved in Credit, Surety, Political and Mortgage Insurance Risks.
Prior to establishing WK (Re)Insurance Consulting, Winfried established and drove profitable growth for Credit, Surety, Political and Mortgage (Re) Insurance products across Europe, Asia, Latin as well as North America.
Winfried has more than 30 years of experience in reinsurance with Bavarian Re, General Cologne Re, Converium/Scor, Aspen Re and Navigators Re.
His vast global reinsurance knowledge provides a unique understanding of core business elements along with the nuances which are important to each and every company and individual.

Services Offered

Strategy & Operational Review

Merger & Acquisition Due Diligence

Crisis Management

Portfolio & Underwriting Analysis

Claims Management & Loss Mitigation

Actuarial Analysis & Advisory

Based on his experience WK (Re)Insurance Consulting is offering the following services:

Internal and External audits

Analysis and optimization of existing processes

Strategic, data-driven evaluation and refinement of an insurer’s risk transfer mechanisms. It involves reviewing existing reinsurance treaties to balance cost-effective protection with capital efficiency, ensuring that the company manages its risk appetite without eroding profits

Financial audit

A reinsurance financial audit is a structured review of financial data, accounting processes, and contractual agreements between a reinsurer and a cedant (primary insurer) or broker.

Compliance audit

A reinsurance compliance audit is an independent, structured review of the activities and records of an insurance or reinsurance company

Performance audits

A reinsurance performance audit is a structured review of reinsurance contracts. It ensures that the contracts are managed properly, that claims are reported and settled in accordance with the agreed terms, and that the accounting records comply with regulatory requirements

Claims audit

A reinsurance claims audit is a formal review in which reinsurers examine the claims files, systems, and processes of their cedants (primary insurers) to ensure compliance with contractual terms. These audits serve to assess the quality of claims handling, verify the accuracy of reported claims, and ensure that reinsurance contracts are being applied correctly.

What are the advantages of an external auditor?

Independent

and objective analysis and evaluation of processes and results

Self-review

and continuous improvement of company processes

Identification

of strength and weaknesses of the organization to identify areas of potential improvement

Typical process of an external audit

  • Planning and preparation of an external audit
    (Aim of the audit, detailed plan, scope, criteria, procedures, time frame, people, etc.)
  • Opening conversation
  • Audit Implementation
  • Result evaluation
  • Final Conversation
    •    Strength and weaknesses
    •    Deviations
    •    Recommendations
    •    Further process
  • Audit report

CONTACT IMMEDIATLY

Come Along

Address & Location

Address:
WK Insurance Consulting GmbH
Winfried Knust
Girtannerstrasse 25
CH - 9010 Sankt Gallen

Direct

Contact

Phone: +41 79 770 25 43
Email: dialogue@wk-consulting.ch