Risk Appetite

Reinsurance

European including UK & Ireland

  • Excess of Loss and Quota Share up to 6,500,000 line size any one risk

  • Primary up to 500,000 line size any one risk

  • Minimum Premium 5,000 for share and for period

Insurance

European including UK & Ireland

  • Lead, Co-Insurance and Excess of Loss up to 9,000,000 line size any one risk

  • Minimum Premium 5,000 for share and for period

Reinsurance

Global excluding USA

  • Primary and Excess of Loss up to 500,000 line size any one risk

  • Minimum Premium 20,000 for share and for period

  • Minimum Rate on Line 5%

Note that all figures are in GBP/EUR/USD

Austria, Belgium, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Slovakia, Spain, Sweden & UK (including Channel Islands and Isle of Man).

Countries where we are licenced for Insurance

✔

✗

Bulgaria, Croatia, Iceland, Lichtenstein, Malta, Romania, Slovenia, Switzerland, Norway and Rest of World.

Countries where we are licenced for Reinsurance

Worldwide coverage

✔

While we have no geographic licence restrictions for reinsurance, we are focussed on risks where most of the exposure is in the UK & Europe. We are however, able to offer coverage for portfolios with international assets and a limited amount of US locations.

For more information on worldwide coverage contact hello@aspect.insure

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Trades

Our appetite is inclusive of, but not limited to

✔ Residential with combustible cladding

✔ Waste and Recycling

✔ Heavy Manufacturing

✔ Food Manufacturing and Warehousing

✔ Chemical Manufacturing and Warehousing

✔ Biomass and Biogas

Limitations

We are unable to cover the following trades

✗ Mining

✗ Offshore Energy

✗ Subsea Cables

✗ T&D Lines

✗ High Net Worth

✗ CAR & EAR

We take a flexible approach to underwriting and judge each risk on it’s own merits, however, we have some guiding principals:

  1. We focus on accounts where the majority of the exposure is in the UK or EU.

  2. We do not write international critical catastrophe or any US/North America/Caribbean natural catastrophe risk.

  3. We can lead a placement or follow other underwriters including Lloyds, Composites and MGAs.

  4. We can consider any placement structure, including quota share, primary/loss limit, excess of loss and full value.

  5. We can offer Contingent Business Interruption.

  6. We can offer single peril or catastrophe only coverage.

  7. We typically offer line sizes of £/€/$ 1,500,000 to 3,000,000 for our share.

  8. Our minimum premium is £/€/$ 5,000 for our share.