What type of risk partners is it good for?
- Life insurers
- Health insurers
- Property and Casualty insurers
Solutions
Solution
AXIS Medical Expense Reinsurance
Writing medical expense insurance can be challenging. Common issues include:
- Solvency capital strain due to large premium volume
- Low profit margin with considerable pricing risks
- Large administration workload due to high claim frequency
Possible reinsurance solutions include:
- Using quota share reinsurance to relieve solvency stress and improve risk management
- Using partner technology to effectively streamline administration processes
Writing medical expense insurance can be challenging. Common issues include:
- Solvency capital strain due to large premium volume
- Low profit margin with considerable pricing risks
- Large administration workload due to high claim frequency
Possible reinsurance solutions include:
- Using quota share reinsurance to relieve solvency stress and improve risk management
- Using partner technology to effectively streamline administration processes
Solution
AXIS Travel Reinsurance
We have a deep understanding of the risks associated with the various travel insurance products, including their distribution, the destinations, seasonality and the accumulations these might create. Our reinsurance solutions often go beyond quota share and excess of loss coverages to include consultative discussions to modify product benefit levels, improve policy wording and recalibrate premium rates.
- Quota share, including pre-existing medical condition risks
- Risk excess of loss
- Catastrophe excess of loss
- Combined risk and catastrophe excess of loss
We have a deep understanding of the risks associated with the various travel insurance products, including their distribution, the destinations, seasonality and the accumulations these might create. Our reinsurance solutions often go beyond quota share and excess of loss coverages to include consultative discussions to modify product benefit levels, improve policy wording and recalibrate premium rates.
- Quota share, including pre-existing medical condition risks
- Risk excess of loss
- Catastrophe excess of loss
- Combined risk and catastrophe excess of loss
Cover is provided by AXIS Re SE which is authorized and regulated by the Central Bank of Ireland, or by AXIS Specialty Limited which is authorized and regulated by the Bermuda Monetary Authority and regulated by the Monetary Authority of Singapore for the conduct of Singapore business.
Experienced and efficient claims management
Close Collaboration
Between Claims, Underwriting & Distribution Partners
Our strength in claims management, payment and care management is what makes AXIS Re so unique. AXIS Re not only has claims experience you can trust, we also have experience in your underlying business. When working with us, you get access to the right claims specialists, ensuring fair claims resolution, as well as access to cost containment and medical expertise worldwide. We take pride in our track record of reviewing, validating and paying claims efficiently.
For International Reinsurance Claims, please email: AxisReClaimsAH@axiscapital.com Learn more about claims
