Volante Global continue to operate during these difficult times. If you are experiencing financial difficulty and are struggling to pay your premium, or wish to discuss the potential impact of COVID-19 on your insurance arrangements, then please contact your broker or Volante directly on covid19@volanteglobal.com. We want to help you.
Affinity Solutions policies are underwritten by Liberty Mutual Insurance Europe SE (a Liberty Specialty Markets company). If you have purchased an Affinity Solutions policy, please click here for further information about the litigation being pursued by the FCA on behalf of policyholders in relation to UK non-damage business interruption insurance policies, and whether your claim might be affected.
In a recent interview with Insurance Day, Volante Global CEO Talbir Bains explained why he believes the revolutionary model which underpins the company is setting a new operational benchmark for the MGA industry.
In the in-depth discussion, he spoke about how the strong performance of the company since launch in 2017, which has seen it establish eight MGAs spanning 17 underwriting teams, and secure $1.8bn of A and AA-rated capacity, while achieving its target COR, clearly demonstrated the fundamental value of the approach.
Highlighting the principles upon which the organisation is founded, Talbir said that COR was at the core as Volante’s overall financial performance was based upon it. 100% dependent on profit commission, Volante’s operating model is built on full carrier alignment and complete transparency, secured upon strict underwriting discipline and strong corporate governance.
As Volante prepares to enter its third full year of trading it does so from a position of market strength. And while the last 12 months have been very much about bedding down its underwriting teams and demonstrating the effectiveness of its business plan, Volante is now forging ahead. In the interview, Talbir flagged its plans to launch both a new Canada-based MGA and a new cyber product early in 2021.
Click here to view the Insurance Day article – note that this is subscription access only
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Read the article
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Talbir Bains talks to Insurance Day about the success of Volante’s operating model
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The Volante Global CEO – Talbir Bains, talks to The ReInsurer
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