Retro / ILW - We work very closely with commercially minded underwriters across all the specialist reinsurance markets to create solutions that deliver the high-class security, flexibility, pricing and innovation our clients need
In a market where no solutions are standard and where buyers are some of the most informed and professional in the world, we work very closely with commercially minded underwriters across all the specialist reinsurance markets to create solutions that deliver the high-class security, flexibility, pricing and innovation our clients need.
We have an open-minded and creative approach to problem-solving, whether we are acting for Lloyd’s syndicates, Bermuda-based businesses or reinsurers in the US and Europe. We invest time in face-to-face meetings, we listen hard and we really get to understand what is driving your requirements so we can develop the cover that enables our clients to compete more effectively.
- Markets know that when we present them with a risk it has been well researched and is worthy of their attention
- Using our contacts and insight, we are often able to put together deals where other brokers would struggle
- We pride ourselves on bringing a combination of attention to detail and creativity
- We structure cover to meet our clients’ needs
While every effort is made to maintain the continuity of successful client-market pairings, we are not complacent.
Our brokers use their in-depth client knowledge and broad base of contacts to ensure that the best market, or choice of markets, is offered at each and every renewal.
- Property catastrophe
- Property risk
- Property proportional
- Casualty (working and clash)
In each of these classes we work to protect both treaty and direct & facultative insurance accounts.
We provide Industry Loss Warranties capacity, specializing in worldwide exposures using PCS in the US, Perils Ag in Europe and Sigma or Munich Re in the rest of the world.
Trading with reinsurers, insurance companies, hedge funds and banks, we are able to help smooth capacity shortfalls in peak exposure areas such as Florida or the North East, and to enable markets to optimize and balance their portfolios.
Our brokers in New York, London and Bermuda provide a dedicated team, offering reliable and professional service to ILW clients. BMS is licensed to use Property Claim Services (PCS) data as an index in all industry loss warranties purchased from Collins.
Our access to this and several other databases enable us to estimate the probability of a loss accurately and structure an ILW cover that is right for you.
Stefano Nicolini, SVP BMS Retro explains what an Industry Loss Warranty is and the key role they play in the catastrophe market. Visit the BMS Media centre to view the video.
The Thomson Reuters, BMS sponsored, ILW chatroom launched on 1st September 2011. To gain exclusive access please email email@example.com