SRS Altitude has partnered with Generali Global Corporate & Commercial which will provide dedicated (re)insurance capacity to the managing general underwriter (MGU) as it offers alternative risk transfer (ART) solutions to corporate clients and their captives.
Captive Intelligence understands Altitude had already secured underwriting capacity from Beazely during the second quarter of 2024.
In the announcement confirming the strategic partnership with Generali, Altitude said as well as leveraging the carrier (re)insurance capacity it will also tap into it “global reach and technical excellent” to reach clients around the world.
“Our combined strengths allow us to deliver supreme expertise and capital to clients, catering to their unique needs.” said Loredana Mazzoleni Neglén, CEO of SRS Altitude.
“This collaboration empowers SRS Altitude’s commitment to innovation and excellence in the field of Alternative Risk Transfer.”
Christian Kanu, CEO of Generali Global Corporate & Commercial, said: “Partnering with SRS Altitude presents a significant long-term opportunity to leverage our global expertise and best in class services for our clients.
“We look forward to working together with SRS Altitude to deliver cutting-edge ART products to a wider client audience.”
Captive Intelligence reported on the launch of SRS Altitude in November 2024 with experienced captive operators Thomas Keist, Marco Adamo, Roy Baumann and Jan Bachmann all joining during the first half of 2024.
Loredana Mazzoleni Neglén and Thomas Keist featured on GCP #103 in May 2024, explaining in an exclusive interview the genesis of SRS Altitude and its target market. Listen here or on any podcast platform. Just search for ‘Global Captive Podcast’.