I–RE relaunches RE–PAID targeting “underserved” US mid-market

I–RE has relaunched RE–PAID, refocusing on what I-RE says is an underserved mid-market of American businesses, paying up to $10m in premium, with five-year loss ratios below 40%. 

Through RE–PAID, clients invest collateral into their own single parent captive and become their own reinsurer, taking on a limited amount of risk.