Our approach is defined by disciplined behaviour towards the specific mandate we execute. Our Underwriters perform analysis on trading activities and construction class of the facilities, while they expect to identify reasonable installed fire protections and an advanced risk management behaviour.
Property
Our Approach
OUR UNDERWRITING STRATEGY
Direct Commercial Insurance within the European Economic Area based on bespoken mandates.
Facultative (Proportional and Excess of Loss) depends on industries, but mainly wholesale based.
Segments we write Direct, we do not write Facultative.
Minimum Premium: €3.500 (our share).
POLICY LIMITS AND FORMS
DIRECT: Up to €15m capacity with the ability to increase with coinsurance.
FACULTATIVE: the capacity may vary depending on segments (please refer to Applications).
Product Description
We offer modular and tailored products for each target industry and risk size. While individual Property applications may vary, the product framework remains the same: clear risk selection criteria, digital data capturing and processes to create a distinctive customer experience.
TARGET RISK CLASSES
- Individual Risks and Portfolios of Real Estates, Public entities and Educational establishments.
- Communication Companies
- Hotels and Resorts
- Light Manufacturing
TYPE OF COVER WE OFFER
Material Damage
Business Interruption (BI) / Contingency BI
Machinery Breakdown and Loss of Profit
Theft
Application
AndaSME Insurance Coverholder
AndaTECH Facultative Broking Services
AndaSPEC Specialty Lines (Direct & Facultative)
Why choosing Andawrite?
We operate only with specialized Underwriters capable to influence underwriting upfront.
We partner with reputational European insurers committed to the market we operate in.
We offer access to first-class Reinsurers interested in working strategically with Andawrite.
We facilitate the access to a platform of valuable Risk and Loss Control Management.