How a Program Gets Built
Qualification
We start with a short conversation. If your portfolio has the premium volume and loss history to support the structure, we move forward. If it does not, we tell you that directly.
Feasibility Study
Phase one: we collect your Schedule of Values, building data, claims history, and premium data. Our actuaries run the numbers and build the financial model. Phase two: a building-by-building analysis that refines the underwriting model and produces the final program structure.
Due Diligence Review
WLP will do a comprehensive review of all loan, joint venture and property management agreements and proactively position our solution for partners’ approval.
Program Launch
Captive formation, excess carrier placement, lender approval, certificate issuance, TripWire rollout. The program goes live in concert with your existing policy period.
Ongoing Servicing
We manage claims, monitor program performance, handle lender and operations questions, make portfolio changes, and keep you informed throughout the year.
Renewal
Ninety days before renewal, we begin the process. Program performance report, updated loss data, excess carrier negotiation, renewal proposal. You make an informed decision every year.