Brit Insurance Strategy

Our vision is to be a leading international general insurance and reinsurance group. This will be delivered through significant size, scale and diversity.
We will achieve our vision by delivering on our long-term objectives of:
- Increasing our spread of reach across diverse sectors such as international territories and capital markets, while executing through Strategic Business Units (SBUs) which use multi-channel distribution.
- Building balanced, diversified portfolios of sustainable business, targeted prodominantly at the small and medium end of our chosen market sectors.
- Developing our financial diversity to drive down our effective cost of capital by using a range of capital and debt, and attracting third party or ‘virtual’ capital.
- Developing a significant stream of non-capital intensive fee income that uses our risk origination, risk pricing and loss adjusting excellence.
- Managing our portfolio against our Group risk appetite so to create a strong and flexible balance sheet with capital and tax management expertise.
- Enhancing our asset management capabilities through optimising our asset allocation, fund manager selection and in house fund management skills.
- Differentiating ourselves through our communication and execution to deliver service excellence to those we work with, whether as customers, brokers or colleagues.
- Enhancing returns through sustainable operational effectiveness and efficiency to create long-term advantage,
- Being recognised as the employer of choice for key talent.
At all times in the pursuit of responsible growth, we will continue to have a relentless focus on improving our return on equity.
Brit Insurance is committed to creating a demanding yet rewarding environment that encourages dedicated individuals to flourish and excel. The strategy revolves around people – Brit Insurance is a people business. The Group aspires to be the insurer that is best able to attract, train and retain talented people. Achieving this is fundamental to the Group’s financial and operational objectives and strategy.