04 Executive Summary
Key Insights from your 2024 Survey include:
Peer Group Ranking (out of 15 Markets)
Overall Ranking (from 17 Markets)
Out of 130 associates
What is going well?
Construction – Great underwriters and appetite
Corporate & Global Inwards – Property & casualty team work collaboratively for multi class deals. Both teams are great
Corporate & Global Inwards – Hard to place risks and Alt. risk transfer, second to none
Corporate & Global Inwards – Responsive time and has a strong multinational capability.
Corporate & Global Inwards – Easy to deal with and great engagement with decision makers
Health & Community Services – Very competitive when they want a risk
Health & Community Services - Strong appetite for complex/technical clients
Placement – Constant communication and willingness to find solutions for our clients
Placement – Willingness to help provide unique solutions - strong National Team
Profin – Quality of underwriters
Profin – relationship management
REAC – Happy with engagement, leader of the pack
REAC – Emerging as a new lead market
Areas for Improvement for Swiss Re?
Construction – Need to re-introduce underwriters across all portfolios
Corporate & Global Inwards – Continue to build local team (WA)
Corporate & Global Inwards – better communication with underwriters (VIC)
Health & Community Services - Play more in aged care
Health & Community Services - Broader appetite across a range of sectors
Placement – Struggling to answer this, the relationship and offering is great
Placement – Pricing - in many cases uncompetitive in comparison to the rest of the market.
Power & Energy – Increase appetite
Profin – Start writing PI for Financial Institutions
Profin – Flexibility on Capacity/Appetite
REAC – Work with other markets
REAC – quick turnaround
Through 2025, let’s address these areas for improvement together – and keep building on your many strengths.
Peer Group
