Traditional Life, Accident and Health Reinsurance

The Accident and Health practice in North America provides risk management vision, advice and best practices grounded in hands-on experience.

We focus on:

• Managed care; medical stop loss; provider excess; group life, accident and disability; and group life catastrophe
• Risk issues identification, quantification and abatement covering value proposition, distribution strategy and operations
• Best practice assessment and recommendations
  • Process/operations
  • Oversight — metrics, measurement and analysis
  • Pricing, underwriting, claims and reserving
• New product expansion initiatives

Complementing our existing range of analysis and decision-making tools, including Gallagher Re's own claims benchmarking data, our actuaries and research teams are constantly developing new techniques and market intelligence to help clients compete in this challenging market.

We help clients develop smarter reinsurance designs with lower costs and more comprehensive cover that:

• Strengthen business operations and financial performance. We deliver tools, training and support to improve risk management and operational performance. We help improve results in claims and underwriting and enhance business performance measurement and monitoring.
• Reduce and eliminate risk management issues to improve product competitiveness and manage financial volatility.
• Define a clear roadmap to resolve financial, service and growth issues.

Our team has extensive knowledge and experience within the UK market, advising and placing a range of solutions.

Life, accident and health encompasses a broad array of underlying coverages which can impact clients on a risk and catastrophic basis.

Purchasing reinsurance helps to protect against volatility and attrition.

We have a diverse array of product and structure experience as well as relationships around the world to ensure our clients get best-in-class reinsurance advice and placement execution.

Our products:

Our placement methods

• Managing General Underwriter (MGU)/Binder
• Excess Catastrophe Cover
• Aggregate Excess of Loss/Stop Loss Protection
• Quota Share
• Retro

We have specialist life, accident and health expertise to assist clients with risk quantification, including catastrophe, pandemic and terrorism modelling where we can support clients in quantifying the risk inherent in their portfolio, and developing the optimal reinsurance cover to meet risk appetite and other requirements.

We work closely and collaborate with Program Solutions, a dedicated team of full-time, MGA-focused advocates delivering product and capacity solutions for delegated authority platforms across the globe. These include reinsurance such as Quota Share, Excess of Loss, Stop Loss and Facultative structures to source additional capacity for clients.

The International team, covering EMEA, Asia Pacific and Latin America, offers advisory services as well as reinsurance execution expertise to support our clients' strategic goals.

Reinsurance goes beyond basic risk transfer; it can benefit you in a number of ways:

• Balance sheet protection and stabilisation
• Ceding unwanted risk
• Limiting exposure to peak risks and risk accumulation
• Increasing capacity to write new business
• Access to underwriting assistance

We have experience placing a range of traditional reinsurance solutions for both group and individual risks, on a proportional and non-proportional basis, including:

Our life, accident and health team has the necessary skills and expertise to help clients in evaluating and quantifying risks. This includes our catastrophe and pandemic modelling capabilities, where we use in-house or vendor models to analyse the risk and impact of events on a client's P&L or balance sheet, and make tailored recommendations for the most suitable coverage that meets client needs.

Our team also has strong connections with international reinsurance markets and ensures constant engagement with them to better advise clients on placement strategy and which markets will be best placed to address their needs.