Why does “Mega Insurance” OJSC engage a Reinsurance Broker?

“Mega Insurance” OJSC has built long term relationships with top Reinsurance Brokers and uses their knowledge and services extensively to provide best insurance solutions to its customers.

  • The names of partner brokers includes, but is not limited to:

    • Marsh & McLennan Cos. Inc.,
    • Willis Towers Watson P.L.C.,
    • Jardine Lloyd Thompson Group plc,
    • Aon P.L.C.,
    • Alwen Hough Johnson,
    • and many others.

  • Reinsurance brokers enhance significantly the Reinsurance operations and placing process of an Insurance Company especially with large and technically complicated projects, since they:

    • Assistc to navigate the market to determine the most appropriate Reinsurers more efficiently;
    • Provide technical expertise;
    • Provide programming, risk modeling, valuation, program structuring;
    • Provide facilities from reinsurers otherwise not available for insurers when approaching reinsurer directly;
    • Obtain competitive rates due to their volume and purchasing power;
    • Search for the markets to place unique and individual risks;
    • Assist with surveys and risk reports;
    • Assist with claim investigation, recovery and settlement.

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