☰A feasibility study typically runs several weeks to a couple of months, and the pace is set by how quickly data arrives and decisions come back. Loss runs, exposure information, and current program details are the inputs. Once those are in hand, the actuarial and structural analysis moves quickly.
On cost, feasibility and formation work has traditionally run as high as $100,000, because each vendor bills separately and the meter runs. Luzern treats the launch as its own work product, separate from ongoing management, and covers all of it, strategy, planning, feasibility, and formation, at one flat fee that is a fraction of the traditional range. A flat fee changes more than the price. It removes the cost creep of a la carte billing and the pressure to economize on actuaries or legal counsel, so the study is built to answer the question and the structure is designed to your business rather than to a budget. Meet with our team and we’ll scope the study before anything starts.