Atlantic Security Reinsurance Brokers Ltd. (ASRB) is a Bermuda based and privately-held reinsurance broker with deep connections to the global insurance, reinsurance and capital markets.
ASRB has assembled a first in class set of resources, to provide the expertise, innovation and analysis to develop insurance and reinsurance solutions for our clients over a broad range of classes.
The lines of (re)insurance include:
- Warranty Products
- General Liability
- Professional Liability
- Medical Stop Loss
- Pet Insurance
- Renters Insurance
- Litigation Expense
- Accident & Health and
- other Life products
ASRB is equipped to provide actuarial analysis, pre-underwriting analysis and the financial analysis necessary to evaluate risk and design structure. We have a number of consultants on hand to complement our internal resources when if sometimes necessary.
ASRB is able to provide solutions for the following placements:
- Loss Portfolio Transfers
- Surplus Relief Agreements, and
- Program Insurance Agreements.
Through our synergistic relationship with Atlantic Security Ltd, we can provide access to several separate account and segregated cell companies for those clients looking to participate in risk with supporting reinsurance solutions.
Through our consultancy efforts and relationships with capital markets we have introduced capital to numerous Insurance Carriers, MGA’s and Retail Brokers. We have had oversight in the development of a number of MGAs and Retail Brokers, developing business plans and assisting them in the execution of these plans by providing the insurance capacity and supporting their marketing plans.
Our market is in perpetual change. The rate of change and level of innovation is greater now than ever before. The convergence of the capital and (re)insurance markets has presented significant opportunities which we have engaged. With the combination of capital and (re)insurance we are able to provide solutions and structures that are competitive and efficient.
Insurance & Reinsurance Broking
ASL’s Broking Division is managed by Giles North, a broker in Bermuda for over 20 years. Giles was a founder of one of Bermuda’s largest broking companies, Triangle Brokerage, which was eventually purchased by JLT, where, until joining ASL, he was President.
ASL began business as a broker in Bermuda in 1976 and has been an active participant in this increasingly important market ever since.
Having placed business for many major clients across as spectrum of industry sectors, ASL has established a strong presence within the Bermuda market and is able to deliver solutions to many challenging risks. These range from traditional insurance placements to complex structured financing, all of which have become standard fare within the ASL group.
The Bermuda markets specialize in excess liability, professional and property lines. the real strength of Bermuda, though, is in the ability to provide substantial and stable capacity for most lines of coverage and the innovative professionalism that exists in the market.
Within a square mile in Bermuda there are dozens of insurance companies available to brokers and their clients. As with any marketplace, the strength and longevity of relationships are key to optimizing results. With 30 years of dedicated service to this sector, ASL has established all the necessary relationships to secure for our clients the best value and service. Plus, as a truly independent broker, ASL operates with no conflicting interests.