Alliant Insurance Services has launched Alliant Re, its reinsurance brokerage division.
According to the company Alliant Re will leverage 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.
Alliant Re will also help insurers expand 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.
“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,” said Tom Corbett, chairman and chief executive of Alliant. “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.”