
Altor Re Ltd, a new London based brokerage that specialises in placing insurance-linked securities (ILS) and reinsurance business globally, has officially been launched by founder Raj Jadeja. Established in October 2024, the company is “poised to revolutionise” the reinsurance brokerage landscape, leveraging data-driven techniques in order to meet the evolving needs of its clients. Moreover, Altor Re combines years of industry expertise with a “forward-thinking approach” to risk management. From what we understand, Altor Re’s services include a broad range of innovative risk transfer solutions, including ILS, collateralized reinsurance, parametric insurance, and Industry Loss Warranties (ILWs). As well as this, the company also offers traditional reinsurance placements, such as structured treaty reinsurance (proportional and non-proportional) and customised facultative reinsurance, as well as retrocession. Operating as an appointed representative of Servca Group Limited, an independent owner-managed broker at Lloyd’s and part of Superian Insurance Group, Altor Re Ltd is authorised and regulated by the Financial Conduct Authority. Raj Jadeja, Founder and CEO of Altor Re Ltd, commented on the launch: “We are excited to launch Altor Re Ltd and bring a fresh perspective to the reinsurance industry.Our partnership with Servca, as their appointed representative, underscores our commitment to delivering cutting-edge solutions to clients while upholding the highest regulatory standards.“With our tagline, Your Global Partner for ILS and Reinsurance Solutions, we aim to be a trusted partner to clients worldwide.” Jadeja most recently worked at AGILE Risk Partners, a specialist risk capital and reinsurance advisory, prior to which he was a director of reinsurance at Reinsurance Cafe Labuan in Malaysia.
He has extensive experience in the Asian and London reinsurance markets.Noah Jamal, Founder and Chief Executive Officer of Servca, said: “We’re delighted to be working with Raj and Altor Re.The Lloyd’s and London Market is very much open for business and capitalising on new opportunities.
Our FCA Appointed Representative model is a testament in how boutique operators like Altor Re can tap into the global insurance marketplace through a simplified turn-key approach.”.All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.
Publisher: Artemis