UNDERWRITERS.
The only independently owned insurance company with a panel of insurers.
In addition to our industry-leading products and award-winning solutions, at it’s heart, our business is about long-standing partnerships. That’s why we’ll always focus on building a sustainable relationship, that places your long-term success at the centre of everything we do.
UNDERWRITERS.
GardX Assure offers insured solutions from a panel of underwriters which affords us the flexibility and autonomy to match the best solution for our partners across the regulated and non-regulated sectors.
Our insurers boast significant performance ratings and diverse portfolios, meaning we can offer some of the strongest underwriting securities available in the market today.
SECURITY AND COMMITMENT.
Underwriting security and customer commitment are at the centre of our core values. When selecting an underwriter, key factors are the sustainability of the proposition underpinned by the strength and commitment to supporting your business for the long term. Our stringent governance and control mechanism dictates that we will only go to market with products or partners that can and will stand the test of time in an ever more demanding arena.
Having access to a panel of insurers allows us to tailor our proposition to client requirements and provides us the flexibility to adapt our offering when needed. We review and adapt every customer touchpoint with our underwriters, to ensure our products and promises deliver exactly what the customer should expect.
We subscribe to a philosophy of collaboration and transparency, actively encouraging open interaction between ourselves, our clients, and our underwriters.
UNDERWRITER DUE DILIGENCE.
Before entering any Insurer relationship, we conduct a full due diligence process to ensure that we only provide cover from trusted, structurally robust and financially stable partners via the following criteria:
– Permissions and Licences to operate in our territory
– Solvency and Financial Condition Report along with their Solvency II or SST
rating
– Credit Rating Agency rating where applicable
– Net or Gross written Premium reported in past financial year
– Territories of business written
– Classes of business written
– Short and Mid-term capacity availability to us and the wider sector for this class of business
– Short and Mid-term commitment to our Territory and product lines
– Terms of Business and commitment to key Metrix for the contract period
– Conduct Risk and Underwriting Committee variation sign-off requirements
– Service level agreements for approval of Product and Rate Variations
– Loss ratio and Commission ratio model and criteria
– Appetite and commitment to grow and develop their book with GardX and
partners
Introducing arch.
- GWP: $18.4 bn
- “A+” rated by Standard and Poor’s
- SCR 147%
- Territories: Worldwide
- Lines of Business include;
- Property, Accident, Health & Liability, Casualty, Travel, Transport, Motor, Marine, Energy & Aviation
Introducing fortegra.
– “A-” rated (by AM Best) with US Parent company “A” rated
– Solvency: SCR Coverage 312% 31 December 2020 (group)
– GWP: 1.6 billion USD 2020 (group)
– Territories: United Kingdom, USA; Czech Republic, Greece, Hungary, Ireland, the Netherlands, Poland, Slovakia and Spain
– Business Classes: Credit Insurance & Collateral Protection, Commercial, Personal
Lines, Auto and consumer goods Warranty, Premium & Warranty Finance
Introducing Helvetia.
- NWP: CHF 11.22 billion (£10.03 billion)
- “A+” rated (by Standard and Poor’s)
- SCR Coverage 193%
- Territories: UK, Switzerland, Austria, Italy, France, Spain and China
- Lines of business include;
- Property, Active Reinsurance, Transport, Motor Vehicle, Accident, Health and Liability
Introducing amtrust.
– “A-“ rated (by A.M Best)
– Solvency: SCR Coverage 145% 2021 representing AEL (No Requirement at ASFI Group level)
– GWP: $7.6 billion 2021
– Territories: Present in 15 countries across United Kingdom, United States, Europe,
Asia.
– Business Classes: Warranty, Legal Expenses, Medical Malpractice, Property,
Mortgage and Credit Risk.
Introducing acasta.
Solvency: SCR Coverage 133%
– GWP: £34.1m 2021 and £39.7m 2020
– Territories: UK
– Business Classes: Accident, Sickness, Fire & Natural Forces, Suretyship, Legal Expenses, Assistance, Damage to Property, General Liability and Miscellaneous
Financial Loss.
– Bespoke Scheme Underwriting – Tailoring products to suit customer’s needs.
tailored solutions.
“We have the flexibility and autonomy to tailor the best solutions for our partners, backed by a panel of top-tier insurers. With their outstanding performance ratings and diverse portfolios, we’re able to offer some of the strongest underwriting securities available in today’s market, ensuring both reliability and peace of mind for all our stakeholders.”
Dave Allmark – Director of Business
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If you want to increase revenue, convert more customers and drive more growth for your business, then get in touch below.