In a liability marketplace dominated by big brand generalists, we believe that there is an opportunity for the specialist insurer with the capabilities to bring a tailored approach to a specific class, exposure or industry. As business becomes more complex and new exposures and theories of liability emerge, the role of the specialised insurer becomes more relevant.
Alongside the reinsurance transaction itself, we actively share product knowledge, market intelligence, output from our forecasting unit, help in product development, policy form reviews and claims support.
As a unit of a specialty carrier ourselves, we can offer support in new product development to help a carrier grow its business, for example by enabling it to offer employment practices liability or network security cover as part of its core product offering.
We write both pro rata and excess of loss. We specialise in working layer risk excess and catastrophe excess of loss. Our latest product innovations include systemic catastrophe protection, liability industry loss warranties (ILWs) and embedded quota shares.
Our maximum line size is US $7,500,000 or £4,500,000.
- Risk retention groups
- Small and mid-size stock insurers
Consistent with the Beazley group approach, we focus on claims made business or occurrence business with a controlled latency exposure.
We write a world-wide portfolio but focus on North America, United Kingdom, and the Asia-Pacific region.