At Euroguard we pride ourselves on transparency and understanding, here are some common questions that our clients have asked.
What is the minimum period required to be a shareholder in the alternative risk transfer market
The period required to be a shareholder in the alternative risk transfer market is 3 years.
How is the performance of a cell determined?
A cell’s performance is determined by premiums and investment income received, and claims and expenses paid.
Can a PCC fill in gaps that are not covered by my other policies?
A PCC is able to fill in gaps not covered by existing insurance policies by underwriting a specially customised insurance that will provide cover where the traditional insurance does not.
Do I get to negotiate terms of coverage before signing my policies?
A policy is regarded as a contract between the insured and insurer therefore contract terms should be negotiated provided they make business sense and meet the legal requirements of an insurance policy.
Do I get to determine how much money to retain after a catastrophic claim?
Reinsurance and numerous policies can be tailored to determine how much risk you want to retain after such a claim.