Coverholder Binding Authorities / Facilities

Our specialist team can assist by providing loaned capital to underwriting Professionals worldwide both Insurance and Reinsurance.

Markets providing this service have considerably tightened the conditions under which they will consider offering their capacity. Monitoring/auditing of facilities is also far more strictly enforced by Capital providers than prior to the advent of Financial Conduct Authority Regulation.

New entrants looking for a binding authority need expert guidance and sponsorship through the maze of issues involved and advice on the most appropriate Capital providers for their class of business and territory. Chesterfield has built a large clientele of this business and provides service to our clients at the highest level of the company.