As a Binder Broker, why would you use Capacity Place?
You may be requested to find capacity for a promising program that falls outside your area of expertise and market relationships. Capacity Place can be used to see if there is market interest before spending too much time undertaking market research, detailed due diligence and marketing the program.
Where you are competing with other brokers for a placement mandate and critical to winning is the ability to show that you have markets who may be interested, Capacity Place can help you demonstrate this.
There’s not enough hours in the day. Capacity Place enables you to work on multiple placements at the same time and saves you significant time travelling to meet markets.
Your program may need capacity from overseas markets where you do not have relationships nor time to travel to visit. Capacity Place helps you access these markets efficiently and also helps you qualify markets before jumping on a plane.
Your program is relevance-scored against Capacity Providers’ risk appetite to source markets with the best fit.
Share commercially-sensitive documents through our secure repository where you control who has access
Keep track of all interested Capacity Providers in one place from initial enquiry through to conclusion
Reach a broader set of risk carriers including insurers, reinsurers, Lloyd’s underwriters, ILS funds, fronting carriers and more
Expand your prospective markets beyond local contacts with Capacity Providers from across the globe
Comprehensive program listings direct to Capacity Providers generates competitive interest and enables quick decision making
A. Absolutely. It’s one of the main reasons we created capacity place.
More FAQs can be found here.