Reinsurance Types: Treaty and Facultative

Seamless coverage for your entire portfolio; sometimes called portfolio reinsurance.

What it is:

Reinsurance for all your accounts for a set period of time.

Benefits:

• Distributed-risk pricing and high attachment
• Maximizes underwriting authority
• Collaborative working relationship
• High-profitability and less underwriting referral work
• Eligible for all available ceding arrangements

Coverage on a risk-by-risk basis, sometimes called transactional reinsurance.

What it is:

Reinsurance for a single account.
 
Benefits:

• Fast implementation—it takes as little 24 hours to quote most risks 
• Options for automatic renewal
• Eligible for all available ceding arrangements