Overview
History
Kirkway International Limited was formed in 1982 as the private-label Bermuda broker for
a publicly-traded insurance group (A.M. Best A Rated / NYSE Listed). In 2001 the company
was taken private through a management buyout and Kirkway has since operated as a
completely independent intermediary.
For the past thirty plus years Kirkway has specialized in providing excess insurance and
reinsurance solutions to both traditional insurance companies and alternative risk
vehicles.
During this period the company has concentrated its efforts on casualty lines with a
specific emphasis on healthcare, construction, transportation, workers' compensation and
political / trade credit risk.
Differentiation
Kirkway is the leading independent broker on the island with no corporate ties to
broking houses, captive management companies or other industry stakeholders. As such, we
are uniquely positioned to provide unbiased advice on issues such as; the best
structure, the most appropriate insurance or reinsurance solution, alternative risk
vehicle suitability, domicile selection and management.
Kirkway is experienced in providing solutions for the complete spectrum from
multi-national public companies through to small captive operations.
On large corporate accounts we work with independent onshore retail brokers to provide
sophisticated solutions for specific risk management challenges, fully utilizing the
broad capabilities of both the reinsurance & insurance markets. The result is
dramatically improved premium & cash flow compared to the traditional market offerings.
Smaller accounts which lack economy of scale and consequently are normally fitted to
traditional market solutions. These do not provide the real level of protection required
but are purchased to appease regulators. A prime example is swing rated reinsurance,
where often the swing increases the effect of volatility and does not enhance the
security as expected. Kirkway tailors coverage to give support exactly where required
to bolster and protect the balance sheet.