Prospect Mutual Management

About us

Prospect Risk Solutions was built to help organisations take control of how they manage risk.

Our why

We’ve worked with sectors where insurance has become too expensive, too rigid, or too inaccessible, and we’ve helped those organisations create something better.

Our Space

That could be a new insurance scheme, a tailored mutual, or an alternative structure that gives them more control over pricing, claims, or risk mitigation.

Our Experience

We bring together experience from insurance, legal, energy, risk modelling, and mutual creation, all in one team. And we’re here to build solutions that are practical, strategic, and genuinely workable for the long term.

Our People

Our team includes specialists in risk, underwriting, mutual governance, energy, and complex insurance models. But we’re not just advisors. We help build, structure, and run real-world solutions — and we’re the kind of team that rolls up our sleeves and gets stuck in.

Rikul Patel

He brings a wealth of experience in establishing start-up businesses and scaling SMEs, with a strong base in financial services and the ‘not for profit’ insurance space. He has over 20 years of insurance-based experience.

Edward de la Billiere

Edward works very closely with the risk management and insurance teams, advising clients in the energy sector on risk transfer mechanisms and the role of insurance.

Mark Tetley

Mark Tetley has wide experience gained from senior positions across the London insurance market as both an underwriter and a broker, in a variety of sectors.

Anne Charity

Anne is a senior solicitor with extensive experience of the legal aspects of the formation, management and operation of mutual entities, and commercial and maritime litigation and arbitration.

Prospect helped us design a model that actually worked for our sector and supported us through every stage.

Projects we’ve recently delivered include:

We often work in partnership — with brokers, legal advisors, underwriters, and industry bodies. We’re also closely connected to Prospect Law, giving us direct access to specialist lawyers in energy, infrastructure, and insurance regulation.

Architects Insurance Scheme

A PI scheme for mid-sized architecture practices

diamond transmission partners

Protecting local community pubs through mutual ownership

Vintners’ Federation of Ireland Insurance Scheme

Protecting local community pubs through mutual ownership

Ocean Energy Accelerator

A Captive which will support tidal energy generators

Why Work With Us:

Prospect Risk Solutions combines unmatched expertise in mutual design and operation, risk transfer and strategic risk management to deliver bespoke, sustainable solutions, helping organisations control costs, enhance resilience and access alternatives to traditional insurance with confidence and clarity.

Delivered by a hands-on team who shape the full lifecycle of our solution, from feasibility to launch to long-term management.

We don’t just design your technical solution, we help bring it to life with comprehensive marketing support, including website development, brochures, messaging, and engagement strategy.

Got a project, idea or challenge?

 We’d love to hear more.

Frequently Asked Questions

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Prospect Mutual Management