Perspective

Fac to the Future

June 15, 2015| By Mike Downes | P/C General Industry | English

The Flux Capacitor - It represents the epitome of creativity, problem solving and “out of the box” thinking.

Admittedly, facultative reinsurance may not be the equivalent of Doc Brown's time travel, but in an underwriting world increasingly defined by "the box," it does offer flexible solutions to your problems - a chance to step outside the box.

 

Spot Fac carve-outs, excess limits, PML issues, Nat Cat, net protection, and treaty exceptions are examples of the many options available to help you reach your business goals.

A bolt of lightning is needed to jump start the flux capacitor but it only takes someone to suggest, "Hey, let's get a Fac quote" to do something to improve your results.

And if you stop and think about it, when we work together to bind accounts before the effective dates, isn't that really a form of time travel?

 

 

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