KNOW-HOW FOR YOUR REINSURANCE SOLUTION

Our aim is to provide a consistent underwriting approach with a high level of service to all our business partners. We are predominantly a follow market on International reinsurance and insurance business, with capacity of up to USD 15 million (Euro 12 million) on a per risk basis, we are able to look at business worldwide excluding USA, Canada and Japan.

We are happy to consider risks on a Quota Share or Excess of Loss basis.

We pride ourselves in developing a longstanding relationship with our business partners. With our flexible and commercial underwriting approach we seek to provide solutions to our business partner’s reinsurance and insurance needs.

We are able to offer our capacity on the following basis:

  • Full Value
  • Primary Limits
  • Excess of Loss Layers

Types of business we write:

Facultative Property:

  • Physical Loss or Damage to Buildings, Contents, Machinery Breakdown and  resultant Business Interruption written on an All Risks, specified Peril or Single Peril basis.
  • All types of Commercial Property will be considered including Manufacturing, Processing, Transportation, Infrastructure, Metal and Ore Processing and Extraction.

Facultative Energy:

  • We underwrite risks covering all aspects of the Energy industry ranging from risks within the Exploration and Production phases through to Midstream and Downstream Operations.
  • We are also able to cover Construction and Erection Risks.
  • The risks we can write include Refineries, Petrochemical Plants, Gas Plants, Pipelines, Power Generation Facilities and Renewable Energy risks.

Our focus is on business with quality risk management, we are able to write business varying from single locations to multinational companies with a global spread of assets.

The insurance coverages that we can consider include:

  • Physical Loss or Damage/Business Interruption
  • Machinery Breakdown/Business Interruption
  • Control of Well and Associated coverages
  • Construction and Erection All Risks and Advanced Loss of Profits
  • Associated Third Party Liability and Cargo however not on standalone basis

We have a proven track record in the above areas of reinsurance and insurance and pride ourselves in providing our business partners with a first class service. We can assure you that from the moment we receive your enquiry you will receive response from us with 24 hours. Due to our global spread of business we are available 24 hours a day for all your reinsurance and insurance needs.

Below are the contact details for the key individuals within our London office:

  • Mike Makowski
    E-Mail: mike.makowski@sovag.co.uk
    Phone: +44 20 7397 9402
  • Joe Burford
    E-Mail: joe.burford@sovag.co.uk
    Phone: +44 20 7397 9404
  • Simon Hughes
    E-Mail: simon.hughes@sovag.co.uk
    Phone: +44 20 7397 9404