Reinsurers are targeting primary business
Wednesday, 03 21 2018, Category: Insurance and Reinsurance, Country: World
As reinsurers seek to diversify, they are increasingly attracted to the primary insurance market and operations management. This is a trend that digital solutions provider Davies Group can benefit from following its acquisition of specialist insurance and professional services provider Ambant last year, its CEO told Intelligent Insurer.
“We continue to see reinsurers increasingly entering and playing in a more primary way in the insurance market in the UK and Ireland,” Dan Saulter, CEO of Davies Group, told Intelligent Insurer. “We have a lot of reinsurance clients who either come into the market through an MGA or through a Lloyd’s situation, taking quite an active role in the UK insurance market.
Source: Intelligent Insurer