Business Model

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Great Lakes Reinsurance (UK) - Munich Re

Risk Solutions

Great Lakes Insurance SE

Business Model

Great Lakes is a specialist provider of insurance services for the group Munich Re. By sharing in the knowledge network of the Group and by means of our worldwide insurance licences, we develop and support innovative opportunities in partnership with Munich Re. 

Great Lakes uses two distinct models for accessing insurance business: The first is delegated acceptances via Agency or Coinsurance Agreements and the second is individual acceptances of Large Industrial Risks. 

By providing the framework for bespoke primary insurance solutions and keeping reinsurance agreements with many business units of Munich Re, we connect insurance and reinsurance to make profitable business opportunities in attractive primary insurance niche segments accessible to Munich Re.

Where we are currently licensed to write business

Australia: Permanent Establishment
European Union: Capability to cover most classes throughout the European Union via the Freedom Of Services Directive with the exception of Motor Liability and Legal Expenses
Germany Authorised to transact all classes of Insurance and Reinsurance (except Life)
Ireland Permanent Establishment
Italy: Permanent Establishment
New Zealand: Permanent Establishment
Switzerland: Permanent Establishment
United Kingdom: Authorised to transact all classes of Insurance and Reinsurance (except Life)
United States of America: Surplus Lines licensed in 49 US states
Worldwide: Able to underwrite in many other worldwide locations on a non-admitted basis


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This publication is available exclusively to Munich Re clients. Please contact your Client Manager.