A Financial Case Study on Insurance Companies
Prelim Report
Finance Case Study
BY:
STAPLE CENTRE
Case: GLIC Insurance Corporation decides to divest one of its business units.
Considering the given case, we have decided to divest the All-World GLIC business unit to Aviva Life Insurance Company. Aviva is a leading insurance company in Asia which has 43million customers across 21 countries and operates in only savings, general and health insurance, and fund management products and services. Aviva focuses on growing their business profitably and improving their operational efficiency so that they can benefit as major markets return to economic growth, i.e., by also segmenting to the life insurance sector.
Our main objective is to identify a potential partner for a profit, providing the owners with growth potential and an eventual exit strategy and in turn mainly to raise capital of $6billion.
Our Process: Led by a senior advisor, Acquisition Services undertook the following initiatives:
* Worked with the owners to understand their rationale for selling the business unit and structure an appropriate exit strategy * Assisted in writing a Confidential Informational Memorandum (CIM) including an operating model to be used by prospective buyers * Utilized our firm’s industry contacts and proprietary database to create a marketing process designed to maximize value for the client which included highlighting the property in both our email and hard copy newsletter on a confidential basis * Identified potential buyers and presented them to
Finance Case Study
BY:
STAPLE CENTRE
Case: GLIC Insurance Corporation decides to divest one of its business units.
Considering the given case, we have decided to divest the All-World GLIC business unit to Aviva Life Insurance Company. Aviva is a leading insurance company in Asia which has 43million customers across 21 countries and operates in only savings, general and health insurance, and fund management products and services. Aviva focuses on growing their business profitably and improving their operational efficiency so that they can benefit as major markets return to economic growth, i.e., by also segmenting to the life insurance sector.
Our main objective is to identify a potential partner for a profit, providing the owners with growth potential and an eventual exit strategy and in turn mainly to raise capital of $6billion.
Our Process: Led by a senior advisor, Acquisition Services undertook the following initiatives:
* Worked with the owners to understand their rationale for selling the business unit and structure an appropriate exit strategy * Assisted in writing a Confidential Informational Memorandum (CIM) including an operating model to be used by prospective buyers * Utilized our firm’s industry contacts and proprietary database to create a marketing process designed to maximize value for the client which included highlighting the property in both our email and hard copy newsletter on a confidential basis * Identified potential buyers and presented them to