RiskPoint is an underwriting agency that represents several insurance companies

RiskPoint is a European based Insurance Managing General Underwriting agency or MGU. Quality, Compliance and Driving Efficiencies is the cornerstone of our business. RiskPoint’s value proposition to the insurance market is to provide best in class service from underwriting to claims handling in an efficient and compliant environment. We do so while observing our core values of Trust, Openness, Competitiveness and Respect. Our specialist and seasoned underwriters have in depth industry and product knowledge whilst our professional claims team provide unique and pro-active approach to assisting our clients when a claims occurs. Consistently providing high service in these 2 crucial areas of our business to both the insureds and our valued distribution channels is paramount to our success. 

As an Managing General Underwriting agent, RiskPoint has a unique legal authorization on behalf of a number of insurance carriers to develop its own insurance products, evaluate exposures, underwrite risks and handle claims. Our authorization is contractually managed through a binder agreement with our carriers giving us the power of attorney to provide binding terms, pricing and to settle claims.

We provide the above services on behalf of these insurance markets and are remunerated by them to provide insurance solutions in the territories in which we operate, with local staff and in accordance with local laws, regulations and customs. RiskPoint and its carriers are under the supervision of the relevant national Financial Services Authorities.

In accordance with the Binding Authority in place, we work in the interests of the respective insurance company(ies) and/or Syndicate(s) on risk. Policy documents, quotes and claims settlements will all be conducted in the RiskPoint name, however each insurance quote and policy document will carry the legal name of the insurance company who bears the risk for a given policy. The insurance company’s name as well as their Unique Market Reference (UMR) is seen in the policy and/or quote schedule.