Buyers and brokers of workers’ compensation reinsurance are looking for ways to soften the potential spikes in underwriting result losses due to catastrophic claims which have time and time again devastated insurance companies writing this line of business.
It is our intent to innovate and offer products which are competitive in the Workers’ Compensation Reinsurance market and to establish long-lasting relationships with both clients and producers of this business.
Why IOA Re…?
Stability… IOA Re has been operating and underwriting Workers’ Compensation and Special Risks for more than 50 years. In the mid-1940s, IOA Re petitioned Lloyds’ Underwriters and secured a personal accident binding authority that remained in place for over 50 years. This is just one example of IOA Re’s ability to operate in varying market conditions and trends.
Strength… Workers’ Compensation reinsurance is designed to protect insurers from catastrophic claims which would adversely affect their company’s loss ratios and balance sheet. With this in mind, IOA Re is committed to offering innovative solutions to the Workers’ Compensation reinsurance market.
Currently, IOA Re underwrites on behalf of the following carriers:
Experience… IOA Re’s Workers’ Compensation underwriting unit has been working in the Workers’ Compensation marketplace for the last 20 years. Direct access to an experienced team is one of the benefits of working with IOA Re.