INSURANCE CAPACITY PROVIDER
In an ever-toughening market for placing scheme and delegated authority business, insurance intermediaries are under increasing pressure when it comes to securing binder renewals at sensible terms.
By placing business through an MGU such as Cedar Underwriting, intermediaries can benefit from the buying power of our combined premium income across our portfolio. This is whilst maintaining their own unique underwriting philosophes and models.
Cedar Underwriting have a unique agreement in the market to be able to place non-Lloyd’s coverholders with Lloyd’s capacity.
As insurers continue to drive up their minimum commitment, Cedar can keep this at a much lower level by managing a portfolio of coverholders on behalf of the end capacity providers.
In addition to the capability to place your business into Lloyd’s our advanced management information helps all parties to manage your portfolio throughout the year and not just be reactive at renewal.
Benefits of using Cedar Underwriting to place your scheme
Low levels of minimum commitment
Extensive management Information to help drive your business and inform insurers of performance
Experienced underwriters on hand for quick and friendly service for referrals
High levels of communication to suit your business needs
Easier binder renewal process thanks to up to date MI
Cedar are able to offer Lloyd's capacity for non-Lloyd's coverholders. Please click here for information on our delegation models
If you have a current delegated authority agreement that isn’t working for you or you feel requires more support, please contact us using the form below for a no obligation, confidential discussion.
Lloyd’s is the world’s specialist insurance and reinsurance market. With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd’s market develops the essential, complex and critical insurance needed to underwrite human progress.
Backed by diverse global capital and excellent financial ratings, Lloyd’s works with a global network to grow the insured world – building resilience for businesses and local communities and strengthening economic growth around the world.
Please contact us if you would like to discuss what we can offer