MGA, Facility & Program Business
With many local and global relationships developed over the years, Steadfast Re has the expertise and experience to assist with structure and placement of all classes and forms of insurance facilities. This includes cover holder arrangements for Managing and General Agents as well as facility and program binder arrangements for insurance brokers.
Whether your need is for additional capacity or product enhancement on existing facilities or to find capacity for new classes or products, Steadfast Re is perfectly positioned to assist you source capacity to compliment your existing relationships.
Many successful underwriting agencies in Australia have become virtual insurance companies with subscribing insurers extending increased authority and control to their Agency. This enhanced authority reinforces ownership, autonomy and flexibility of the Underwriting Agency and creates balance within the business framework.
Steadfast Re recognises the specific needs of underwriting agencies and can assist management of risk utilising reinsurance placement and the introduction of support from capital markets.
Steadfast Re’s strong relationships with insurance and reinsurance companies in Australia, Lloyd’s, Singapore, Hong Kong, Europe, Bermuda and the USA can assist you with seamless access to all global insurance and reinsurance markets adding great value to your organisation.