About Convex insurance
Convex Insurance: Providing Unmatched Specialty Insurance and Reinsurance Solutions
Convex Insurance is a leading specialty insurer and reinsurer that was founded by Stephen Catlin and Paul Brand. The company has operations in London and Bermuda, which gives it a unique position in the insurance industry. Convex combines unrivaled experience, reputation, and a legacy-free balance sheet to provide unmatched insurance solutions to its clients.
The company's mission is to provide innovative solutions that meet the evolving needs of its clients. Convex offers a wide range of products that cater to various industries such as aviation, energy, marine, property, casualty, cyber risk management among others.
Convex's team comprises experienced professionals who have an in-depth understanding of the risks associated with different industries. The team works closely with clients to understand their specific needs before developing customized solutions that meet their requirements.
One of the key strengths of Convex is its financial stability. The company has a legacy-free balance sheet which means it can focus on providing long-term value for its clients without being weighed down by past liabilities. This allows Convex to take calculated risks while maintaining financial stability.
Convex also places great emphasis on risk management. The company has developed robust risk management frameworks that enable it to identify potential risks early on and take proactive measures to mitigate them. This approach ensures that clients are protected from unforeseen events while minimizing losses.
In addition to providing insurance solutions, Convex also offers reinsurance services. Reinsurance enables insurers like Convex to transfer some of their risks onto other parties thereby reducing their exposure levels. This approach helps insurers like Convex manage their capital more efficiently while still providing comprehensive coverage for their clients.
Convex's commitment towards innovation has seen it develop cutting-edge technologies such as artificial intelligence (AI) and machine learning (ML) algorithms which help streamline processes within the organization while improving efficiency levels.
The company's reputation for excellence has earned it numerous accolades over the years. In 2020, Convex was named "Specialty Insurer of the Year" at the Insurance Day Awards. This recognition is a testament to the company's commitment towards providing exceptional service to its clients.
In conclusion, Convex Insurance is a leading specialty insurer and reinsurer that provides innovative solutions to meet the evolving needs of its clients. The company's financial stability, risk management frameworks, and commitment towards innovation make it an ideal partner for businesses looking for comprehensive insurance solutions. With operations in London and Bermuda, Convex occupies a unique position in the insurance industry combining unrivaled experience, reputation and a legacy-free balance sheet.