Each insurer’s risk-mitigation needs are unique to their enterprise. Jeremy was able to help one reinsurer come to market with a new product by making sure that the structure passed all regulatory requirements.

One client needed to mitigate certain risks which could be provided by traditional reinsurance structures, but those methods covered more risks than needed and were therefore too expensive. A reinsurer proposed a customized structure that focused solely on the risks the client wanted to mitigate at an attractive price. Jeremy’s clients concern was whether the structure complied with reinsurance laws and regulations.

Jeremy was able to review the proposed reinsurance structure and determine which portions of the structure were compliant and which were not compliant with reinsurance laws and regulations. For provisions that were noncompliant, Jeremy provided alternative provisions that would still meet the client’s needs, both risk and price, but would make the structure fully compliant.