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Treaty

EXPERTISE

Team of highly motivated professionals with dedicated commitment and involvement at all times

  • A focused approached for all Reinsurance proposals
  • Established as a niche player for Reinsurance Treaty Programs
  • Specialises in providing solutions on areas of business where a difference can be made for our client
  • With the advantage of having worked with all the major reinsurance markets, there is an extensive industry and (re)insurance market knowledge base throughout the team covering broking, placement, claims, market and technical support
  • A team of individuals which having worked together for a number of years, have a close working relationship, complementing each member’s strengths and skill sets
INNOVATION
  • Finalization of coverage structure and Terms & Conditions
  • Finalization of census and claims data
  • Preparation of Request for Quotations based on the structure and circulate to Insurers
  • Assess Service Requirement for the Company and the market capabilities of the Insurer
  • Evaluation, negotiation, and comparison of the quotes received.
  • Placement of Policy with the Insurer selected
  • Finalization of policy admin process guidelines and TATs for each service and touch point
  • Knowledge, training, and Communication through a welcome Kit
HIGH LEVEL SERVICE
The KMD Difference
Independence
As a Major Reinsurance Intermediary, KMD has an Independent Market Position. This Independence distinguishes & gives freedom to do what is best for customers. Customers value this Independence & this is reflected in the Company’s Long-Standing Relationship with Clients

Niche Player
The approach to business enables evaluation of markets, clients needs and preferences, thus optimizing services to best meet client’s requirements

Services
  • Audit of Existing Insurance/Reinsurance Policies
  • Risk Analysis Study of Business/Portfolio – GAP Analysis
  • Risk Retention study based on client’s financials
  • Reinsurance portfolio design and structure with an aim to optimisation of reinsurance purchase dove-tailing with Solvency requirements and maximising Return on Capital.
  • Negotiating in Insurance/Reinsurance purchase at cost effective terms.
  • Risk/Portfolio Improvement study
  • Guidance and support on Claims Procedure/Handling
  • Co-ordination with Surveyors, Insurers and Reinsurers for timely settlement of Claims.

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