Structure

Reflecting how and where our customers trade, we conduct our insurance business through three strategic business units (SBUs) – Global Markets, Reinsurance and UK. These have access to our underwriting platforms Brit Insurance Limited (BIL) and our Lloyd’s syndicate, Syndicate 2987.

Brit Insurance Holdings B.V.
Brit Insurance Holdings B.V. is the holding company of the Group, incorporated in the Netherlands.

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Brit Insurance Limited
Brit Insurance Limited (BIL) is a UK FSA-regulated insurance company. BIL benefits from financial strength ratings of A- (Excellent) from A.M. Best and A (Strong) from Fitch, each with stable outlook.

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Brit Syndicates Limited
The largest portion of the Group’s ongoing business is written by our wholly-aligned Lloyd’s syndicate, Syndicate 2987, which is managed by Brit Syndicates Limited. Syndicate 2987 has licences, through Lloyd’s, to write insurance business in over 65 territories including the USA, and licences to write reinsurance business in these and many other territories. Syndicate 2987 benefits from the Lloyd’s Market ratings.

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Brit Global Specialty (BGS) 
We provide a comprehensive range of insurance products. These span the Marine, Property, Professional Lines, Specialty Lines, Accident & Health and Aerospace classes for small to medium sized enterprises as well as large corporate customers around the world. Our Reinsurance team writes a multi-class and multi-territory portfolio with a focus on providing excess of loss reinsurance. We transact reinsurance business exclusively through broker Intermediaries, with clients ranging from small local mutual insurers to large well-known global insurance groups.

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