Willis Reinsurance Australia Ltd

Willis Reinsurance Australia Ltd is contracted by PCRIC as its Reinsurance Broker and some of its activities include:

  • Contacting the Client’s representatives prior to renewal of the reinsurance programme to discuss and agree a placement strategy for the coming year.
  • Submitting regular reports in writing on progress during the period of placement.
  • Preparing and conducting a post renewal debrief with the Client, detailing salient information relative to the renewal and summarising terms and conditions of placement.
  • Preparing addenda noting alterations to the Treaty as and when required within 20 working days of receipt of instructions.
  • Conducting negotiations needed to seek to gain Reinsurers’ approval of alteration or special acceptance to the treaty as and when required.

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