Challenge Group (UK, Russia, Malaysia)
Insurance - N/A, N/A, gb
Challenge Group (UK, Russia, Malaysia) Employees
Challenge Group (UK, Russia, Malaysia) Details
The brand name Challenge Group consolidates six companies providing its clients with and complex range of professional support services in the fields of insurance and reinsurance broking, captive management, actuarial analysis, appraisal services, international insurance and management consultancy. We are active in Asia, Russia, the Middle East and Europe, with strong links to the local markets. In particular, we specialise in marine, energy and livestock risks as well as agricultural and forest insurance/reinsurance services. We are ready to meet your challenge!Our services:1) Our primary activities are insurance\reinsurance broking, risk assessment and company management, actuarial analysis and international consultancy.2) Management in Labuan, Malaysia, where Challenge Group has established itself as a specialist underwriting manager.We manage and represent insurance/reinsurance companies, including captive insurers registered in Labuan. Our experience, knowledge and understanding of the international insurance/reinsurance industry have equipped us to meet the requirements of our clients in the areas of:- License application- General administration and management- Underwriting support- Claims management- Actuarial services, risk analysis and profiling- Corporate governance- Dispute resolution3) Captive programmes. A Captive is a closely held subsidiary insurance company whose insurance business is primarily supplied and controlled by its owners, and in which the original insureds are the beneficiaries. More than 90% of the largest companies of the Fortune 500 own at least one Captive.The key feature of Challenge Group is that we specialise in the development of Captive programmes taking into account the specifics of legislation and practical experience of the local market. We offer: captive formation, licensing and ongoing management; Master Captive service; access to our "fronting arrangements".
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