Assurex Global Reinsurance Ltd. (AGRe) Wins 2023 SRS Captivator Award
Assurex Global Reinsurance Ltd. (AGRe) was recently honored with the prestigious 2023 SRS Captivator Award at the SRS (Strategic Risk Solutions) Client Symposium 2023, held September 6-8 in Nashville. This highly coveted award is granted every two years to recognize innovation, exceptional client service, and instrumental contributions to the captive/alternative marketplace.
Nominated by SRS Bermuda, AGRe was acknowledged for celebrating its 20th anniversary in 2023, honoring two decades of successfully serving the construction sector. AGCR, its widely recognized segregated cell program, has been lauded for its remarkable growth and groundbreaking innovations throughout the years.
During the Symposium, Brady Young (left in photo), Founder and CEO of SRS, presented Assurex Global Executive Vice President & COO Tim Wiechers (right) with this esteemed award.
In total, three captive operations were honored with the Captivator Award in 2023.
About AGP & AGRe (Captive)
Founded in 2003, Assurex Global Partners, LLC (AGP) was capitalized by a number of Assurex Global Partners to provide alternative market (captive) solutions to Partner clients. At the same time, AGP also formed Assurex Global Reinsurance Ltd. (AGRe) as a Class II Bermuda insurance company. This company operates under the governance of the Bermuda Segregated Account Company legislation.
The captive operations are governed by a board of managers/directors and managed by Strategic Risk Solutions, a leading provider of captive management services. Brady Young, president, along with a team of captive experts, are charged with working closely with the board and Assurex Global to offer Partners the opportunity to develop cell programs geared to support Partner growth and expansion within the alternative markets. While there is continued focus to grow current programs with this cell structure, there is also a robust appetite for new cell programs. There are five cell programs currently supported in AGRe.
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