Sound reinsurance advice is at the core of our offerings. We perform details analysis of client specific requirements, data as well as strategic objectives as the primary basis for formulating our advice for any reinsurance planning.

In addition, we apply our collecting knowledge of the market and related environmental factors such as regulation and quality of securities to strategically align our solutions to the client’s needs.

We can offer reinsurance advice on an independent basis to insurers and reinsurers who need a third eye on the effectiveness and efficiency of their current insurance mitigation solutions.

The effectiveness of any reinsurance programme is dependent on the accurate and proper implementation of the programme. Most often, insurers and reinsurers purchase the best possible reinsurance programme but still fail to see the benefits because of various reasons which include the following:
  • Wrong cessions done at policy level when processing transactions.
  • Claims recoveries not done correctly according the reinsurance cessions.
  • Failure to apportion insurance reserves according to the reinsurance structure.
  • Late notification to reinsurers leading to claim rejection.
  • Late recoveries of reinsurance claims leading to loss of revenue and liquidity strain.
  • Wrong transaction processing leads to production of wrong treaty statistics and ultimately, an expensive programme which is not costs effective
We provide reinsurance consulting services for the following categories of insurers:
  • Captive insurers
  • Insurers who deal directly with reinsurers
  • Insurers seeking an alternative solution
  • Insurers utilising internal group reinsurance brokers
  • Reinsurers seeking to enter or expand business in territories where we do business.

Our in-depth understanding of the insurance and reinsurance business gives us the edge in terms of assisting our clients to review and redesign their workflow processes. Reinsurance is central to any function in an insurance company, be it sales, underwriting, claims or finance.

Most of the business processes are designed by people who are experts in other aspects of the business. In so doing, there is always lack of congruence in the business processes because the key element which is central to all functions is not properly addressed.

Business process engineering for an insurance or reinsurance company requires intricate knowledge of the business from sales, underwriting, claims, technical accounting and finance.

Our corporate social responsibility is human capacity building in the insurance sector. We believe that we have a role to play in developing and enhancing skills in Africa. To that end, we provide in-house and market training facilitated training in the markets where we do business. We offer CPD Accredited and non-accredited up-skilling courses in underwriting, reinsurance, claims and technical accounting. We offer reinsurance specific courses listed below:
  • Introduction to Reinsurance
  • Intermediate reinsurance
  • Advanced reinsurance
  • Reinsurance technical accounting
  • Strategic Reinsurance planning and programming for Executive Managers

Facultative Reinsurance
This is reinsurance placed on an individual risk basis. Each risk / policy is reinsured as and when the insurer requires cover. This can be done when the policy is issued for the first time, at renewal or when a major mid-term endorsement is concluded. Our reinsurance broking division provides intermediary and advice services for insurers seeking underwriting capacity as well as expertise in writing specialised classes of business and large risks.

Treaty Reinsurance
Insurers arrange treaties to protect a pre-defined portfolio of business over an agreed time frame, usually a year. The classes of insurance described as covered in the reinsurance agreement are automatically covered by reinsurers. Due to the complexities of negotiating and arranging treaty covers, we have expert qualified and experienced reinsurance broker to assist insurers with sound advice.

Portfolio Transfers and Runoff covers
We have the skill and expertise to perform an assessment of the portfolio transfer book and well as administering the run-off of treaties and portfolios. Our typical clients are those companies that cease writing some lines of business or where a company cease writing business altogether either by run-off or curatorship.

Reinsurance for captives
Cell captive insurance companies and rent-a-cell captives require reinsurance protection in order to reduce their net exposure to catastrophe losses as well as peak risks. We arrange tailor-made facultative and treaty reinsurance through specialist insurers in South Africa, Mauritius, Cayman Islands and Bermuda.
Proportional and non-proportional Reinsurance
We have access to A Rated reinsurers who provide strong reinsurance security backed by competitive pricing. We have the expertise to structure the appropriate reinsurance structures and programmes, both on a proportional and non-proportional basis.
Short term classes of insurance business

Talk to one of our consultants