KBIC Consulting

KBIC Consulting is a team of insurance professionals who do not sell insurance. Instead, it advises corporations, non-profit organisations and public bodies on insurance problems that ordinary providers do not easily solve.

The firm acts as a fiduciary, working only for the client while cooperating with the client's broker. It offers itself as a part-time head of internal insurance operations for organisations without the time or expertise.

What KBIC Consulting does

• Risk identification and transfer: building and maintaining an objective picture of an organisation's insurance risks.
• Risk management process: helping an organisation pick its broker, agent, adviser or other service provider.
• Fiduciary oversight: monitoring plan performance and compliance.
• Health and welfare benefits: cost control and structured employee benefit programmes.
• Property and casualty: finding coverage gaps and over-insurance.

Who it serves

Corporations, non-profits and public entities.

Key facts

• Founded: 2010
• Model: no insurance sales, fiduciary advice only