Collins provides a full complement of facultative reinsurance brokerage services.

Clients of our property facultative team include:

• Excess and surplus lines insurers,
• Middle market insurance companies,
• Insurers writing national accounts business, and
• Firms that underwrite highly protected risks (HPR).

We provide casualty facultative services to insurers who write:

• Auto liability,
• General liability,
• Umbrella,
• Workers' compensation,

and other lines. As a multi-dimensional broker we take pride in creative approaches to the production and marketing of individual and program products. We have established relationships with reinsurers in North America, Bermuda, London and continental Europe.

Facultative innovation

In light of the tightening property catastrophe market, Collins' has aggressively applied its analytical capabilities and market knowledge to help treaty reinsurance clients tap the facultative market to manage their aggregates. This has taken on additional importance as rating agencies have scrutinized insurer portfolios to gauge their ability to weather catastrophes. It can be an effective portfolio strategy, for example, for insurers with large or unique individual risks in areas heavily exposed to catastrophes.

Using proprietary analytical tools, Collins runs detailed risk-by-risk analyses to identify those policies that are driving a large or disproportionate share of risk in a treaty. Collins' experienced facultative brokers then utilize their market knowledge to identify potential facultative reinsurance markets. With the detailed information now demanded by facultative reinsurers, they place these risks and are helping to meet the increasing demand of insurers for facultative cover.

Click on this article from Best's Review for more information on this trend.