Somerset Bermuda is a Reinsurance broker handling international treaty Reinsurance and Retrocession.
The company is based in Bermuda.
The company is based in Bermuda.
Somerset Bermuda arranges Treaty cover for both Reinsurance and Retrocessional business covering for a wide range of companies, insurers and reinsurers, both large and small.
We take a constructive view and are considerably more creative in our approach, using both capital and traditional markets.
In a market where everyone specializes, an Aviation broker will go to the Aviation Market he knows. This is true in all classes. However, as Reinsurance companies change their appetite, opportunities arise.
Somerset Bermuda will not only canvas the obvious markets but also potential new markets. Somerset will not disclose the clients name until we are sure there is real interest and only with your permission.
Our focus is on handling international treaty Reinsurance and Retrocession business
Somerset Bermuda also orchestrates programs for US wholesale brokers. With our connections, Somerset will find markets for US programs from Healthcare, to Property, to Flood, to Cyber.
Our sister company Somerset Reinsurance Brokers,
focuses entirely on North American companies. It is based in Kansas City Missouri.
Somerset Bermuda and Somerset Missouri are an independent Reinsurance Brokering House, which allows for considerable flexibility in our dealings, and a personal approach in our method of conducting business with clients and underwriters alike.
If you feel your current Reinsurance Provider is not taking care of you and not supplying the service you need, please contact us
At Somerset we believe Prompt claims payment is paramount. Claims will be settled to you, the client as soon as received. It is the brokers job to ensure claims queries and settlements are handled on a timely basis.