Great Lakes Insurance SE
Solutions
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Solutions

Specialty insurance in three dimensions

We are a specialty insurance solution provider powered by Munich Re, conducting Agency, Coinsurance and Single Risk Business on a global scale. We operate according to two distinct models: delegated acceptances via agency or coinsurance agreements and individual underwriting of large industrial risks. Find out what we can do for you.

We collaborate with agents to serve (new) primary insurance markets on a broad international scale in multiple non-life product lines. Business partners can rely on us for bespoke insurance solutions and consulting. With our combined expertise, we can begin selling policies within weeks rather than months or years.

Our flexible and scalable B2B2C insurance platform features a fully automated intermediary portal and access points. We assist the agents in managing and monitoring business from a legal, regulatory, compliance & conduct risk perspective and provide transparency to steer the business.

Agency Lifecycle

Agency Lifecyle
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Just 4 of the many reasons you can count on Great Lakes

€2.3bn
Gross written premium in the agency and coinsurance segment
40+
We partner with more than 40 agents across various lines of business and geographies
30+
Our extensive claims network includes more than 30 third party administrators which are directly contracted by us
10m+
Nearly 10 million people are insured with Great Lakes and benefit from the insurance products offered by our partners
Contact our Experts
Florian Heger
Florian Heger
Head of Agency Business
Graeme Walker
Graeme Walker
Head of Agency Business UK

Primary insurers can rely on us for capital-efficient coinsurance solutions. As a primary insurer, you may be required to hold substantial capital to cover the third-party default risk inherent in your required reinsurance solution. With Great Lakes, you can choose a more capital-efficient path: Our coinsurance solutions give you the best of both worlds. We can help you optimise capital, reduce costs and build your business.

We support you in setting up an ideal structure that does justice to the interests of all parties involved, including quality assurance processes and drafting of the coinsurance wording in close collaboration with you. In addition, we manage the relationship with you and handle renewal and termination, including the run-off of the agreement. And as part of Munich Re, we offer access to unsurpassed reinsurance capacity and expertise.

 

Contact our Experts
Florian Heger
Florian Heger
Head of Agency Business
Graeme Walker
Graeme Walker
Head of Agency Business UK

We’ve got your single risks covered: Natural catastrophes, international supply chains, cyber-attacks, human error – companies across industries are exposed to a broad spectrum of risks. In addition to the immediate costs of a given loss event, knock-on effects of business interruption (BI) and contingency BI are omnipresent – flooding in Southeast Asia can trigger business interruption in Europe, to give just one example. 

It's good to know that Great Lakes is a global single risk carrier for commercial and industrial primary insurance and facultative reinsurance business, with vast experience, as well as the financial solidity of Munich Re. Our experts will work closely with you to develop specialty insurance solutions tailored to your risk scenarios.

For the London market we have our own dedicated team of single risk experts.
 


 

Your Benefits at a Glance

Licenses on a broad international scale
Strong rating and financial strength
Insurance covers for almost all non-life lines of business
In-depth experience of Munich Re
Innovative and flexible approach
Lean and efficient structure

     
Contact our Experts
Paul Woods
Paul Woods
Head of F&C London
Ian Gentles
Ian Gentles
Large Single Risk Team Lead