The profiles below provide a guide to the type of partners we look to work with.
Partner profile 3: Assisting a Reinsurer develop products.
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A leading Central American reinsurance broker wanted to improve its product and the quality of cover it offered its clients. To do this, it needed a reinsurance broker with the expertise to understand the local market and the determination to find reinsurance capacity for these risks.
The firm had heard about EBA from colleagues in Mexico, where we have a strong presence. It liked that we were willing to work like a retail broker, rather than as a transactional reinsurance broker. The quality and price we negotiated -together with our experience-helped the firm to build stronger relationships with its clients as well as improve the products it offers.
This firm now provides valuable advice to EBA by intelligently analysing local demand. It helps us by proposing and promoting new insurance products that we, in turn, are able to structure and place in the London market.