Our Strategic Objectives
To build a diversified and robust underwriting group with platforms in each of our major centres of Bermuda, London, Chicago and Cologne.
To achieve underwriting excellence in classes where we have technical knowledge and expertise.
To seek opportunities to attract a greater share of that business by pro-actively taking ourselves to those market places where large parts of that business are transacted.
To achieve a balance of underwriting, both third party and through the syndicate, and to be flexible enough to adapt to the changing economic environment.
Our Strategic Objectives Are Underpinned by Our Key Strengths
A history of profitable underwriting
- Consistent market out-performance across the insurance cycle
Optimal corporate and operational structure
- Supports our strategy as an international insurance and reinsurance business
- Structure is efficient both financially and operationally
- Ability to access business directly in Bermuda and the US as well as accessing the benefits of the subscription market at Lloyd’s
Short-tail diversified business
- Core short-tail, diversified, property orientated insurance and reinsurance
- Small to medium sized insureds with whom we have built long-standing track records
Prudent capital management
- Underwriting for gross profit
- Conservative approach to risk management with prudent use of reinsurance
- Conservative investment philosophy has ensured a strong and liquid balance sheet
Long term business relationships
- Majority of premiums including those through Bermuda and the US written through long-standing relationships
- New operating platforms extending these relationships
Experienced team
- Highly experienced management and underwriting team enhanced by new appointments in existing and developing operating platforms
- Talented and proven underwriting team