Policy snapshot
Tailor-made facultative placements for large or high-risk exposures, across fire, engineering, liability, marine, aviation, and specialty classes.
What is Facultative Reinsurance?
Facultative Reinsurance provides tailor-made placements for large or high-risk exposures across various insurance classes.
What can it cover?
- The service covers tailor-made facultative placements for large or high-risk exposures across fire, engineering, liability, marine, aviation, and specialty classes.
Who should consider it?
- Insurance companies managing large or high-risk exposures
Key features to understand
- {"heading": "Key Features", "bullets": ["Tailor-made placements for specific risks", "Covers fire, engineering, liability, marine, aviation, and specialty classes"]}
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.