Insurance


How can we assist you with your insurance needs?

We bring our reinsurance experience to bear for “front-end” entities (i.e., insurance agents, insurance brokers and insurance companies). Often, the difference between a successful and unsuccessful insurance placement involves the utilization of reinsurance. For instance, we can work with you to “carve out” certain elements of your client’s risk to ensure a successful placement (in the example of agents/brokers) or to protect your balance sheet (in the case of an insurance carrier).

Insurance pricing is often a “back-ended” mechanism ---- that is, reinsurers often force price increases which then move forward to the insurer and, ultimately, to the consumer. The current (and ongoing) “hard” market is an example – the reinsurers have tightened terms and rates as a result of poor results (driven by catastrophes and court judgments). So, the reinsurers are raising rates, exiting lines of business and restricting “fully fronted” placements (100%-reinsured MGA programs). These coverage restrictions and rate increases are finding their way forward to the insurance market.

Thus, it’s more important than ever to have a responsive partner with contacts across the spectrum of the risk management industry.

Examples of our services to Insurance Agents/Brokers & Insurance Companies:

  1. Marketing of books of business to new carriers, including programs. (See "Reinsurance" tab for further information.)
  2. Reinsurance and insurance placements, including “one-off” deals. (See "Reinsurance" tab for further information on reinsurance placements.)
  3. Alternative Risk Vehicles.
  4. Other services including collections of insurance/reinsurance receivables on a contingent fee basis in conjunction with one of our strategic affiliates.
  5. Cross-selling of products: introduce our clients to our network of risk organizations for mutually beneficial selling & promotional opportunities.
  6. Product development including Employment Practices Liability Insurance.
  7. Mergers & Acquisition activity via strategic partners and market contacts. In addition, we currently represent two companies in marketing the sale of their licensed “shells”. Please contact us for further information.

This is a relationship-driven business and, as such, we aim to form long-term relationships with our customers via superior service and results. Thus, our fees are predominantly success-related. (That is, we only get paid if you are successful.) Please give us a call to discuss your needs – we’d be happy to provide a free consultation.

Let us "Make the Effort" for you.