About CONGRUENT LARGE INDUSTRIAL RISKS

Designing a viable insurance solution for a large-scale industrial risk can be a daunting task for startup operations be it private, non-profit or government entity. The costly task of assembling a functioning team of experienced professionals can be quite costly let alone the difficulty in qualifying mismatched talent to the task at hand. Precious capital allocation could be quite forbidding to address such a task.

The objective of our advisory service is to help client navigate this challenging task while participating in the effort of the setup and taking on the unnecessary burden from the startups. We do not get paid by our client in a billable format; we get paid from the revenue and success of the operation that we are tasked with. In essence, our services are paid in a fraction of the premium throughput.

How we work is quite simple, we earn your trust and your respect by advising and guiding you through the process as your partners in the business. Naturally, we take ownership, with much pride, of the task we are entrusted to deliver.

We consider and evaluate the legal jurisdiction where the startup will operate in. We evaluate the policy language in line with the governing law; we negotiate pricing that is commensurate with managing the risk while taking into consideration the reinsurance overhead amongst other necessary operational cost.

We consider the management of a cost-effective reinsurance solution that benefits the startups balance sheet requirements. Certainly, facultative or treaty reinsurance will be tailored towards the portfolio of risks as well as the singularity of an outlier risks that requires capacity, expertise, and further engineering analysis.

We have the expertise on addressing the insured’s needs, the management of the insurance business as well as the ability to handle complex reinsurance and retrocessional arrangements from experience in the London market and New York’s most sophisticated industry heavy weights. We do appreciate and respect the nature of our business, and we bring this experience to the deserving shoestring budget to the well capitalized startups.

We are free from constraints imposed by investors forcing a sales driven return. This yields an environment of support, continuity, success through the good and bad times. We look forward to meeting new partners for a prospering and life-lasting relationships.

Some of the project that our team of experts have worked on: