Tailored, Compliant Reinsurance With Global Expertise
Close collaboration with both regional and international brokers and main players is the cornerstone to OLEA’s placement service, ensuring placements are made with quality ratings, transparent and compliant with local regulations.
Our team is committed to providing clients tailored reinsurance solutions that are aligned with their risk profiles, and adhere to the highest standards of conformity which can be particularly beneficial for clients operating in multiple and complex jurisdictions.
Our commitment underscores OLEA’s dedication to delivering reinsurance services that are client-focused, regulatory-compliant, and of high quality, which are key factors that clients consider when choosing a reinsurance partner.
Trust OLEA Insurance Solutions Africa’s International Co-ordination Department to be your reliable partner in global insurance management.
Benefits:
PLACEMENTS STRUCTURING
- Implementation of a reinsurance scheme that complies with local legislation.
- Creating premium calculation sheets with partner-specific deductions and fees.
VALIDATION OF PARTNERS
- Placement and validation of the security list.
- Selection of local insurers in agreement with the OLEA subsidiary.
COMMISSION NEGOTIATIONS
- Negotiate fees/commissions with the insurer, partner brokers and reinsurers to ensure optimum cost for the customer.
PAYMENTS MONITORING
- Follow-up on the issuance of contractual documents relating to the payment of reinsurance premiums and ensure compliance with payment deadlines.
Trust OLEA Insurance Solutions Reinsurance and Placement team to be your reliable partner in global insurance management