New Dawn works with international intermediaries and insurance companies on specialty product development, program design and risk placement services for individual corporate risks, portfolio facilities and reinsurance treaties. We also work directly with insureds in the UK and the EU, where we provide risk management advice and insurance placement services within our specialist areas.
Working on behalf of retail and wholesale insurance brokers, reinsurance brokers and insurance companies, we provide:
Lloyd’s & London Market placement
International reinsurance market placement
Local licensed / admitted fronting arrangements
Specialty risk assessment
New product development for emerging or uninsured risks
We create and manage affinity programs and treaty facilities for specialty lines risks. We develop:
Proportional or excess of loss treaties for insurance companies
Specialty lines referral-based reinsurance facilities
Multi-insurer / multi-line pooled reinsurance treaties
Group programs for trade associations
Binding authority facilities for MGAs and underwriting agencies
We support international insurers who want to launch new product lines but lack specific underwriting experience. Our product expertise and extensive underwriter relationships help us to match cedant clients with the most appropriate reinsurers.
Our Reinsurance & Facilities Team provides transactional management and support to assist cedants in offering unrivalled local responsiveness. We adapt and refine rating models and original policy language to ensure that cedants can build profitable competitive portfolios.
We aim to provide our clients with the most effective insurance and reinsurance advice and solutions.
For all placements, we provide timely and responsive claims management and claims advocacy services.