Gain access to a huge range of relevant program opportunities
Why are Reinsurers using Capacity Place?
Smaller brokers as well as reinsurance buyers, typically at smaller Insurers, Captives, PCCs/ICCs and Mutual Insurers may list their program on Capacity Place and be seeking to diversify their reinsurance panels and/or obtain more competitive terms for proportional or non-proportional placements.
Capacity Place provides you with access to programs underwritten by Reinsurance MGAs for both treaty and facultative covers. Reinsurers support Reinsurance MGAs as a means of diversifying exposures in other territories and to access business that they would not normally be able to access directly.
if you are embarking upon larger growth plans to expand offerings into new classes, territories, InsurTech channels, parametric lines or other growth areas, Capacity Place provides an alternative source of new business opportunities.
Some reinsurers are recognising that delegating underwriting authority to an intermediary is very similar to underwriting a proportional treaty with an Insurer with greater control over risk acceptance and ceding commissions, however, no risk retention
You may not be able to travel at the moment due to Covid-19. Capacity Place is a great way to continue to source programs while you cannot meet up in person, attend conferences or hop on a plane.
If you are travelling a lot to originate business, Capacity Place enables you to qualify opportunities in advance, making your business travel far more productive.
Nowadays, programs typically need to be reviewed by multiple departments (e.g. business development, underwriting, actuarial, compliance, reinsurance, finance, IT, legal, and DUA management, etc) prior to sign-off. Through Capacity Place, you can invite your work colleagues to review the program directly.
If you are under pressure to reduce your acquisition costs, Capacity Place may offer programs with lower ceding commissions or placing fees
Check out our demo here.
Use Capacity Place’s powerful search tools to source programs which fit your company’s risk appetite and licenses
Evaluate programs quickly by reviewing commercially-sensitive program information stored in the secure document repository
Keep track of all programs in one place from initial enquiry through to conclusion
Expand your opportunity set, qualify prospects ahead of face-to-face meetings and make your meetings more productive
Access more cost-effective distribution channels and tackle low value-for-money stages in your distribution chain
Invite colleagues from across your company to collaborate, view the program listing and access the Program Data Room to review documentation
Registration is FREE and only takes a minute