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Page 1: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

P I O N E E R

C A T

Efficient, responsive service Our approach

David CarsonHead Underwriter

+44 20 7480 [email protected]

Olivia NashUnderwriting Assistant

+44 20 7374 [email protected]

Donald McDiarmidAssistant Underwriter

+44 20 7480 [email protected]

James SharpingtonUnderwriter

+44 20 7480 [email protected]

Our approach to underwriting is disciplined, experienced and enthusiastic.

We are empowered decision-makers.

Pioneer CAT supplies underwriting, portfolio management and distribution expertise to capacity providers, capitalising on long-standing business relationships with a deliberately targeted client base; offering consistent value through robust partnerships.

— Careful client selection is imperative

— Proactive approach— Focus on broker and

client dialogue, both in London and globally

— Delegated facility underwriting and management

— Transparent, collaborative relationships with our carriers

— Access to both traditional and alternative capital

Pioneer Underwriters Ltd. Authorised and regulated by The Financial Conduct Authority

Europe7 BishopsgateLondonEC2N 3AR United Kingdom +44 20 7480 0367

Seefeldstrasse 698008ZurichSwitzerland+41 43 210 3581

P54 Avenue Louise, 1000 Bruxelles, Belgium

North America48 Wall Street 17th Floor New York NY 10005 +1 646 923 9930

717 Constitution Drive Suite 108 Exton PA 19341 +1 646 923 9930

11800 Amberpark Drive Suite 100 Alpharetta GA 30009 +1 404 937 1045

980 N. Michigan Avenue Suite 1400 Chicago IL 60611 +1 646 923 9930

P.O. Box 1843 Seattle, WA 98111 +1 206 395 2023

pioneeruw.com

Pioneer Underwriters is a dynamic global specialty insurance and reinsurance underwriting services organisation that matches specialist risk to capital through our well-developed global distribution network. We take a flexible, collaborative approach to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach has

allowed us to rapidly expand our business and we now have 16 underwriting teams across 7 international locations.

We manage in excess of £300m in premiums and have TOBAs with over 150 London and overseas brokers and nationwide distribution capability across the US. We operate Pioneer Syndicate 1980 which writes a gross written premium of

£126m covering a broad cross-section of industry and risk.

We employ over 100 people across our international locations, meeting the needs of our customers through the delivery of bespoke products and excellent service. Pioneer’s core values are underpinned by our vision to be a highly regarded, profitable, underwriting driven organisation.

Page 2: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

PIONEER

CAT

Efficient, responsive serviceOur approach

David CarsonHead Underwriter

+44 20 7480 [email protected]

Olivia NashUnderwriting Assistant

+44 20 7374 [email protected]

Donald McDiarmidAssistant Underwriter

+44 20 7480 [email protected]

James SharpingtonUnderwriter

+44 20 7480 [email protected]

Our approach to underwriting is disciplined, experienced and enthusiastic.

We are empowered decision-makers.

Pioneer CAT supplies underwriting, portfolio management and distribution expertise to capacity providers, capitalising on long-standing business relationships with a deliberately targeted client base; offering consistent value through robust partnerships.

— Careful client selection is imperative

— Proactive approach— Focus on broker and

client dialogue, both in London and globally

— Delegated facility underwriting and management

— Transparent, collaborative relationships with our carriers

— Access to both traditional and alternative capital

Pioneer Underwriters Ltd. Authorised and regulated by The Financial Conduct Authority

Europe7 BishopsgateLondonEC2N 3AR United Kingdom +44 20 7480 0367

Seefeldstrasse 698008ZurichSwitzerland+41 43 210 3581

P54 Avenue Louise, 1000 Bruxelles, Belgium

North America48 Wall Street 17th Floor New York NY 10005 +1 646 923 9930

717 Constitution Drive Suite 108 Exton PA 19341 +1 646 923 9930

11800 Amberpark Drive Suite 100 Alpharetta GA 30009 +1 404 937 1045

980 N. Michigan Avenue Suite 1400 Chicago IL 60611 +1 646 923 9930

P.O. Box 1843 Seattle, WA 98111 +1 206 395 2023

pioneeruw.com

Pioneer Underwriters is a dynamic global specialty insurance and reinsurance underwriting services organisation that matches specialist risk to capital through our well-developed global distribution network. We take a flexible, collaborative approach to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach has

allowed us to rapidly expand our business and we now have 16 underwriting teams across 7 international locations.

We manage in excess of £300m in premiums and have TOBAs with over 150 London and overseas brokers and nationwide distribution capability across the US. We operate Pioneer Syndicate 1980 which writes a gross written premium of

£126m covering a broad cross-section of industry and risk.

We employ over 100 people across our international locations, meeting the needs of our customers through the delivery of bespoke products and excellent service. Pioneer’s core values are underpinned by our vision to be a highly regarded, profitable, underwriting driven organisation.

Page 3: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

PIONEER

CAT

Efficient, responsive serviceOur approach

David CarsonHead Underwriter

+44 20 7480 [email protected]

Olivia NashUnderwriting Assistant

+44 20 7374 [email protected]

Donald McDiarmidAssistant Underwriter

+44 20 7480 [email protected]

James SharpingtonUnderwriter

+44 20 7480 [email protected]

Our approach to underwriting is disciplined, experienced and enthusiastic.

We are empowered decision-makers.

Pioneer CAT supplies underwriting, portfolio management and distribution expertise to capacity providers, capitalising on long-standing business relationships with a deliberately targeted client base; offering consistent value through robust partnerships.

— Careful client selection is imperative

— Proactive approach— Focus on broker and

client dialogue, both in London and globally

— Delegated facility underwriting and management

— Transparent, collaborative relationships with our carriers

— Access to both traditional and alternative capital

Pioneer Underwriters Ltd. Authorised and regulated by The Financial Conduct Authority

Europe7 BishopsgateLondonEC2N 3AR United Kingdom +44 20 7480 0367

Seefeldstrasse 698008ZurichSwitzerland+41 43 210 3581

P54 Avenue Louise, 1000 Bruxelles, Belgium

North America48 Wall Street 17th Floor New York NY 10005 +1 646 923 9930

717 Constitution Drive Suite 108 Exton PA 19341 +1 646 923 9930

11800 Amberpark Drive Suite 100 Alpharetta GA 30009 +1 404 937 1045

980 N. Michigan Avenue Suite 1400 Chicago IL 60611 +1 646 923 9930

P.O. Box 1843 Seattle, WA 98111 +1 206 395 2023

pioneeruw.com

Pioneer Underwriters is a dynamic global specialty insurance and reinsurance underwriting services organisation that matches specialist risk to capital through our well-developed global distribution network. We take a flexible, collaborative approach to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach has

allowed us to rapidly expand our business and we now have 16 underwriting teams across 7 international locations.

We manage in excess of £300m in premiums and have TOBAs with over 150 London and overseas brokers and nationwide distribution capability across the US. We operate Pioneer Syndicate 1980 which writes a gross written premium of

£126m covering a broad cross-section of industry and risk.

We employ over 100 people across our international locations, meeting the needs of our customers through the delivery of bespoke products and excellent service. Pioneer’s core values are underpinned by our vision to be a highly regarded, profitable, underwriting driven organisation.

Page 4: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

Service

Pioneer CAT offers underwriting and management services for delegated facilities. Backed by first class security, on either an automatic or referraI basis, we write traditional property treaty business in Japan and the US via six distinct delegated facilities (JDF, USDF, UCCDF, TPJDF, CCDF & CCJDF) - Canada & the Caribbean are also included in our main facility (USDF).

To date we have committed over GBP 2bn of limit on behalf of our carriers and we have approx. 150 “live” clients.

In-house modelling, actuarial and claims resources support the underwriting team.

Our facilities enjoy strong support from all the major brokers.

Pioneer CAT is based in London as part of Pioneer Underwriters (the specialist MGA).

The team was formed in September 2013 and is led by David Carson, who has over 30 years’ experience in the London market. Since its inception, Pioneer CAT has demonstrated the ability to originate substantial quantities of attractive reinsurance proposals, whilst consistently sourcing capital that wishes to take advantage of our underwriting experience in the areas in which we operate.

We focus principally on traditional catastrophe reinsurance.

We deliver property catastrophe reinsurance underwriting, portfolio management and distribution expertise to our capacity providers, utilising a global network of brokers.

2019 Estimated Written Premium Income: USD 75m.

P I O N E E R

C A T

Experience

Our backers are:

— Peak Re (HK)— Taiping Re (HK)— Cathay Century

Insurance (Taiwan)

Six separate facilities:

— One covering US, Canada and the Caribbean

— Two solely for the US — Three solely for Japan

Each facility has its own dedicated capacity and lines are not aggregated where more than one facility is involved on the same programme.

All business is transacted from the original broker(s) via Pioneer Market Services.

72% US

21% Japan

4% Caribbean

3% Canada

Products offered:

— Cat XL— Aggregate XL— Risk XL— Pro Rata— ILW

We can also write collateralised reinsurance and are happy to discuss our offering with potential investors. Focus is on US, single peril, short duration via either ILW or as an accompanying line to our traditional participation(s).

— Maximum Cat XL capacity varies by territory but, generally, is USD 20m+ per programme

— Claims are settled quickly - an essential component of our “promise to pay”

— Comprehensive research & analysis

— Efficient deployment of capacity

60% Cat XL*

38% Pro Rata

2% Risk XL

* includes Agg XL and ILW

2019 Estimated Premium split:

Page 5: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

Service

Pioneer CAT offers underwriting and management services for delegated facilities. Backed by first class security, on either an automatic or referraI basis, we write traditional property treaty business in Japan and the US via six distinct delegated facilities (JDF, USDF, UCCDF, TPJDF, CCDF & CCJDF) - Canada & the Caribbean are also included in our main facility (USDF).

To date we have committed over GBP 2bn of limit on behalf of our carriers and we have approx. 150 “live” clients.

In-house modelling, actuarial and claims resources support the underwriting team.

Our facilities enjoy strong support from all the major brokers.

Pioneer CAT is based in London as part of Pioneer Underwriters (the specialist MGA).

The team was formed in September 2013 and is led by David Carson, who has over 30 years’ experience in the London market. Since its inception, Pioneer CAT has demonstrated the ability to originate substantial quantities of attractive reinsurance proposals, whilst consistently sourcing capital that wishes to take advantage of our underwriting experience in the areas in which we operate.

We focus principally on traditional catastrophe reinsurance.

We deliver property catastrophe reinsurance underwriting, portfolio management and distribution expertise to our capacity providers, utilising a global network of brokers.

2019 Estimated Written Premium Income: USD 75m.

P I O N E E R

C A T

Experience

Our backers are:

— Peak Re (HK)— Taiping Re (HK)— Cathay Century

Insurance (Taiwan)

Six separate facilities:

— One covering US, Canada and the Caribbean

— Two solely for the US — Three solely for Japan

Each facility has its own dedicated capacity and lines are not aggregated where more than one facility is involved on the same programme.

All business is transacted from the original broker(s) via Pioneer Market Services.

72% US

21% Japan

4% Caribbean

3% Canada

Products offered:

— Cat XL— Aggregate XL— Risk XL— Pro Rata— ILW

We can also write collateralised reinsurance and are happy to discuss our offering with potential investors. Focus is on US, single peril, short duration via either ILW or as an accompanying line to our traditional participation(s).

— Maximum Cat XL capacity varies by territory but, generally, is USD 20m+ per programme

— Claims are settled quickly - an essential component of our “promise to pay”

— Comprehensive research & analysis

— Efficient deployment of capacity

60% Cat XL*

38% Pro Rata

2% Risk XL

* includes Agg XL and ILW

2019 Estimated Premium split:

Page 6: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

Service

Pioneer CAT offers underwriting and management services for delegated facilities. Backed by first class security, on either an automatic or referraI basis, we write traditional property treaty business in Japan and the US via six distinct delegated facilities (JDF, USDF, UCCDF, TPJDF, CCDF & CCJDF) - Canada & the Caribbean are also included in our main facility (USDF).

To date we have committed over GBP 2bn of limit on behalf of our carriers and we have approx. 150 “live” clients.

In-house modelling, actuarial and claims resources support the underwriting team.

Our facilities enjoy strong support from all the major brokers.

Pioneer CAT is based in London as part of Pioneer Underwriters (the specialist MGA).

The team was formed in September 2013 and is led by David Carson, who has over 30 years’ experience in the London market. Since its inception, Pioneer CAT has demonstrated the ability to originate substantial quantities of attractive reinsurance proposals, whilst consistently sourcing capital that wishes to take advantage of our underwriting experience in the areas in which we operate.

We focus principally on traditional catastrophe reinsurance.

We deliver property catastrophe reinsurance underwriting, portfolio management and distribution expertise to our capacity providers, utilising a global network of brokers.

2019 Estimated Written Premium Income: USD 75m.

P I O N E E R

C A T

Experience

Our backers are:

— Peak Re (HK)— Taiping Re (HK)— Cathay Century

Insurance (Taiwan)

Six separate facilities:

— One covering US, Canada and the Caribbean

— Two solely for the US — Three solely for Japan

Each facility has its own dedicated capacity and lines are not aggregated where more than one facility is involved on the same programme.

All business is transacted from the original broker(s) via Pioneer Market Services.

72% US

21% Japan

4% Caribbean

3% Canada

Products offered:

— Cat XL— Aggregate XL— Risk XL— Pro Rata— ILW

We can also write collateralised reinsurance and are happy to discuss our offering with potential investors. Focus is on US, single peril, short duration via either ILW or as an accompanying line to our traditional participation(s).

— Maximum Cat XL capacity varies by territory but, generally, is USD 20m+ per programme

— Claims are settled quickly - an essential component of our “promise to pay”

— Comprehensive research & analysis

— Efficient deployment of capacity

60% Cat XL*

38% Pro Rata

2% Risk XL

* includes Agg XL and ILW

2019 Estimated Premium split:

Page 7: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

Service

Pioneer CAT offers underwriting and management services for delegated facilities. Backed by first class security, on either an automatic or referraI basis, we write traditional property treaty business in Japan and the US via six distinct delegated facilities (JDF, USDF, UCCDF, TPJDF, CCDF & CCJDF) - Canada & the Caribbean are also included in our main facility (USDF).

To date we have committed over GBP 2bn of limit on behalf of our carriers and we have approx. 150 “live” clients.

In-house modelling, actuarial and claims resources support the underwriting team.

Our facilities enjoy strong support from all the major brokers.

Pioneer CAT is based in London as part of Pioneer Underwriters (the specialist MGA).

The team was formed in September 2013 and is led by David Carson, who has over 30 years’ experience in the London market. Since its inception, Pioneer CAT has demonstrated the ability to originate substantial quantities of attractive reinsurance proposals, whilst consistently sourcing capital that wishes to take advantage of our underwriting experience in the areas in which we operate.

We focus principally on traditional catastrophe reinsurance.

We deliver property catastrophe reinsurance underwriting, portfolio management and distribution expertise to our capacity providers, utilising a global network of brokers.

2019 Estimated Written Premium Income: USD 75m.

P I O N E E R

C A T

Experience

Our backers are:

— Peak Re (HK)— Taiping Re (HK)— Cathay Century

Insurance (Taiwan)

Six separate facilities:

— One covering US, Canada and the Caribbean

— Two solely for the US — Three solely for Japan

Each facility has its own dedicated capacity and lines are not aggregated where more than one facility is involved on the same programme.

All business is transacted from the original broker(s) via Pioneer Market Services.

72% US

21% Japan

4% Caribbean

3% Canada

Products offered:

— Cat XL— Aggregate XL— Risk XL— Pro Rata— ILW

We can also write collateralised reinsurance and are happy to discuss our offering with potential investors. Focus is on US, single peril, short duration via either ILW or as an accompanying line to our traditional participation(s).

— Maximum Cat XL capacity varies by territory but, generally, is USD 20m+ per programme

— Claims are settled quickly - an essential component of our “promise to pay”

— Comprehensive research & analysis

— Efficient deployment of capacity

60% Cat XL*

38% Pro Rata

2% Risk XL

* includes Agg XL and ILW

2019 Estimated Premium split:

Page 8: PIONEER pioneeruw.com CAT - Pioneer Underwriting Pioneer_product... · to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach

P I O N E E R

C A T

Efficient, responsive service Our approach

David CarsonHead Underwriter

+44 20 7480 [email protected]

Olivia NashUnderwriting Assistant

+44 20 7374 [email protected]

Donald McDiarmidAssistant Underwriter

+44 20 7480 [email protected]

James SharpingtonUnderwriter

+44 20 7480 [email protected]

Our approach to underwriting is disciplined, experienced and enthusiastic.

We are empowered decision-makers.

Pioneer CAT supplies underwriting, portfolio management and distribution expertise to capacity providers, capitalising on long-standing business relationships with a deliberately targeted client base; offering consistent value through robust partnerships.

— Careful client selection is imperative

— Proactive approach— Focus on broker and

client dialogue, both in London and globally

— Delegated facility underwriting and management

— Transparent, collaborative relationships with our carriers

— Access to both traditional and alternative capital

Pioneer Underwriters Ltd. Authorised and regulated by The Financial Conduct Authority

Europe7 BishopsgateLondonEC2N 3AR United Kingdom +44 20 7480 0367

Seefeldstrasse 698008ZurichSwitzerland+41 43 210 3581

P54 Avenue Louise, 1000 Bruxelles, Belgium

North America48 Wall Street 17th Floor New York NY 10005 +1 646 923 9930

717 Constitution Drive Suite 108 Exton PA 19341 +1 646 923 9930

11800 Amberpark Drive Suite 100 Alpharetta GA 30009 +1 404 937 1045

980 N. Michigan Avenue Suite 1400 Chicago IL 60611 +1 646 923 9930

P.O. Box 1843 Seattle, WA 98111 +1 206 395 2023

pioneeruw.com

Pioneer Underwriters is a dynamic global specialty insurance and reinsurance underwriting services organisation that matches specialist risk to capital through our well-developed global distribution network. We take a flexible, collaborative approach to underwriting, working with the broker to meet their client’s insurance and reinsurance needs. This approach has

allowed us to rapidly expand our business and we now have 16 underwriting teams across 7 international locations.

We manage in excess of £300m in premiums and have TOBAs with over 150 London and overseas brokers and nationwide distribution capability across the US. We operate Pioneer Syndicate 1980 which writes a gross written premium of

£126m covering a broad cross-section of industry and risk.

We employ over 100 people across our international locations, meeting the needs of our customers through the delivery of bespoke products and excellent service. Pioneer’s core values are underpinned by our vision to be a highly regarded, profitable, underwriting driven organisation.