As a Retailer, why might you be seeking capacity?
You may be a general retailer such as a department store or supermarket, or you may operate in a specialty retail sector such as consumer electronics, white goods and petrol services. This may include coverages such as extended warranty, pet, cyber and auto.
You may be seeking to bundle the insurance as part of your customer offerings, offer these on a promotional basis or sell insurance as a component ancillary service.
You may be seeking to launch a program and are looking for an insurance partner to help design program coverages, limits and criteria, provide marketing collateral and advise on operations and systems that supports the administration of the program.
You may be experiencing poor support or feel that your customers’ claims are being unfairly declined and negatively impacting on the perception of your brand or you may have concerns with the insurer going-forward as a result of changes in resourcing, strategy or risk appetite.
You may be seeking to move your program to another insurer to broaden coverages, to take advantage of expertise, systems or operations or to take more control over underwriting or claims handling processes.
You may be at a stage where you are seeking to set up your own risk carrying vehicle and seeking a Capacity Provider which may provide fronting and reinsurance capacity.
Capacity Place is an excellent way to source markets for your insurance programs
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.