Offering support and expertise to insurers in the group risk market.
We have a wealth of group risk experience underpinned by a sound theoretical knowledge and awareness of the regulations effecting it. Our UK staff are encouraged to take the CII Group Risk exam as a part of their on-going professional development.
At UK & Ireland Life we reinsure group critical illness, income protection and life. In support of our commitment to on-going product development and innovation we are always keen to discuss any new product or product option that may not fit into these categories.
Our group risk proposition encompasses technical scheme underwriting, management of catastrophe risks and exposure, auditing, technical training and collaboration with the actuarial pricing team.
Utilising the expertise of Risk Management Solutions (RMS) we have carried out a detailed analysis in order to quantify and manage catastrophe risk at both a local and national level.
This would support your business by giving you:
- a better insight and understanding of risks posed by catastrophe, in particular terrorism
- the ability to charge appropriate premiums to accurately reflect the risk
- a robust process for monitoring and managing risk accumulations to fit your own risk appetite and risk accumulation guidelines