K2 CAT
K2 CAT, located in the heart of the London market, brings property catastrophe reinsurance underwriting, distribution and portfolio management expertise to capacity providers, via a number of delegated cat facilities.
At K2 CAT we carefully select our clients and build long-term business relationships with them. Our carriers benefit from transparent and collaborative underwriting processes. We are supported in maintaining an open and effective client dialogue by our global broker network.
As empowered decision-makers, our service is proactive, disciplined, and backed by decades of experience. We deliberately just focus on the US, Japan, Canada and the Caribbean, and plan to launch a Latin American offering in 2025.
In-house modelling, actuarial, claims, compliance and best in class MI resources support the underwriting team. All our facilities are separate with single carriers - lines are not aggregated where more than one facility is involved on the same programme. Minimum rating for carriers is A- (AM Best or S&P).
K2 CAT’s USP is the ability to build totally bespoke portfolios tailored exactly to a carrier’s specific risk appetite. We are motivated by creating profitable, durable portfolios.
Business can be accepted either via a carrier’s balance sheet; or using a fronting company; or via a segregated cell structure with a collateralised QS (also using a fronting company).
Our Team:
Our team is led by David Carson, who has 38 years of experience in the Lloyd’s and London Market. We are proud to offer high-quality property cat underwriting, backed by expert knowledge and effective servicing. To learn more, please get in touch.
