Reinsurance

UNISON prides itself in pioneering innovative solutions in Reinsurance business suited to adopt the needs of its clients. The newly formed Reinsurance division works to bring most innovative and cost effective approach to Reinsurance program designing. In a very short time of its commencement of Reinsurance operations, we have been able to build series of strategic alliance and business understanding with international Reinsurance brokers and Reinsurance companies. Our Reinsurance team consists of highly motivated individuals with blend of young and experienced professionals whose expertise and analytical skills help them to address underwriting and capital objectives on portfolio level of our clients. We are flexible and always aim to design unique and innovative Reinsurance program to meet each clients' objectives and underwriting profile.

Our approach to business enables us to evaluate markets, client needs and preferences, thus optimizing the service level.

FACULTATIVE

We assist our clients in structuring most innovative solution in facultative placement with objective to obtain best terms and make the product cost effective. Our close relationship with domestic and international reinsurers enables us to complete placements in global markets, thereby providing necessary capacities and technical expertise in all areas of Facultative reinsurance. We have handled placement of Mega risk, Construction risk, Upstream offshore and many innovative products with highly rated securities in international markets.

TREATY

We have placed Treaty Reinsurance programs with securities as per IRDAI ratings requirements in the international markets and provide services from pre-placement stage like analysis of risk, insights generation and strategy discussions, structuring Reinsurance program, negotiating with Treaty Reinsurer and on-going services, which include preparation and settlement of accounts, treaty documentation and handling of claims for Reinsurers.