Insurety will focus on the following four areas of strategy: International growth, Risk and capital management, Digital technologies and People development
One of the assets of this alliance is its creativity, dynamism and critical thinking. We are always on the lookout for opportunities to launch new products.
We set out to promote collaboration between alliance members and to share the knowledge and products from our home markets with other alliance members and regions.
Insurety will also seek out new international markets to expand on our model of combining local knowledge with the expertise of Insurety alliance members.
We will also focus on systems for evaluating the capital we need to operate our businesses with a focus on economic capital estimations.
A good understanding of this is vital for our business as it provides a true financial measure of the profitability of our portfolios. This helps us to buy reinsurance effectively and to improve our ability to price risk.
We aim to create transferrable digital tools that can be deployed in multiple jurisdictions, enabling efficiencies within the value chain of the business and making our jobs easier. Furthermore, we will promote the technologies that enable us to have better and smarter underwriting, and also to create access to new distribution channels.
Insurety fosters the development of a common culture with different regional flavours based on our existing shared values.
We aim to develop the future leaders in the surety industry, sharing key values and knowledge for our organisations. We will do this by working together, sharing best practices and understanding that even though we are independent organisations, we can achieve more for our people by working together.