- About Us -
WTS Underwriting, a subsidiary of LARANDSONS HOLDING, was launched on the 1st May 2017 and is authorized to provide capacity on behalf of Royal & SunAlliance Insurance Ltd, Munich Reinsurance UK General Branch and Great Lakes Insurance SE, United Kingdom Branch; this includes full authority to quote premiums, terms and conditions for the individual reinsurance contracts.
WTS Underwriting specializes in commercial business with total insured values up to USD 500,000,000.
The capacity providers that WTS Underwriting represents have excellent financial standing:
Capacity Provider | Standard & Poor's | Moody's | Outlook |
RSA | A2 | Stable | |
Munich Re | AA- | Aa3 | Stable |
Great Lakes | AA- | Aa3 | Stable |
WTS has a Worldwide mandate, excluding USA and Canada, with USD15m capacity and already has a core of Latin American business and is rapidly expanding its business from Middle East, Europe, Australasia and the Far East. Each of the reinsurance contracts written by WTS Underwriting clearly states the respective proportions of each reinsurance company on risk.
WTS underwriters maintain a consistent approach on a portfolio of smaller to medium sized risks that do not traditionally find capacity in the London Reinsurance market, enabling our producers to provide a broader service option to their clients.
WTS aims to provide a turnaround time within 24 hours for quotes, allowing our producers to provide a timely response to enquiries on new business.