P&C commercial insurance broker, Alliant Insurance Services has announced the launch of its reinsurance brokerage division, Alliant Re.
According to the announcement, Alliant Re leverages proprietary data and analytics, extensive industry relationships and insurance expertise to navigate complex market conditions and provide customised risk transfer solutions to protect insurers from large losses.
Tom Corbett, Chairman and CEO of Alliant, commented: “It is critically important for insurance carriers to have effective risk transfer solutions in place to protect against unforeseen and catastrophic losses, which are happening all too frequently.
“Our established reinsurance brokers have the relationships and experience to help ensure clients have the financial resources to pay out large claims when appropriate and remain viable in the insurance market.”
The broker’s new division will help insurers to expand their underwriting capacity while managing risk exposure to ensure long-term viability and sustainable policyholder service.
Reinsurance solutions include facultative insurance, automatic and semiautomatic reinsurance structures, deductible buy-downs, captives, managing general underwriters (MGU) and individual risk placements and programs.
