Services

What does JCC RE offer?  A thinking and progressive reinsurance broking service - that means exploring new concepts of reinsurance as well as existing ones, seeking new markets as well as existing ones.  Never resting on what has been established but trying to improve both the reinsurance programmes and their service to their clients.  As well as treaty and excess of loss JCC RE also have the ability to handle facultative placements.  This is multi-class and with our trade mark flexibility developed according to the needs of our clients, we are able to provide specialist risks such as contingency, prize indemnity, liability and Aviation risks.

How can we do this?  The first key is reinsurance programme review - we have tools for comparison of different aspects for example retention levels - premium and loss and we are developing our own model for comparison of capital usage against business result - and we produce extensive narrative reports under various headings.  However this is not the sole answer - part experience, part understanding of the meaning of the data and part common sense.  Comparison with other options is as important as evaluation of the options.

What are we saying?  There is no substitute for experience - mostly of local circumstances with an input of international experience and the ability to scheme.  Of course we have to overcome the absence of a world brand by having good connections at all levels in the many countries in which we trade.

We feel that our competitors often succeed by telling companies what they want to hear - status quo - maintaining lower deductibles or what are best for themselves for example proposing  working excess of loss programmes for companies in small markets - easier for reinsurers and good for brokers but not good for clients.

We also provide the following:

•   Training

•   Product Development

•   Run Off Management

So what do we propose - a review of the current treaty reinsurance programme with a comparison with others - review of the available information with proposals about information which should be maintained to enable the client and his advisors to monitor and evaluate the successful operation of the reinsurance programme. This is a continuing process at each renewal.

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