Binding Authorities

Binding Authorties utilises market leading underwriting and IT expertise to provide a comprehensive solution for delegated authority and capacity management relationships.

In addition the Binding Authorities team has significant in-house underwriting capability for various classes and individual risks falling outside of delegated authority guidelines.

It also has a dedicated team of brokers placing business into the Lloyd’s of London marketplace.

Delegated Authority 

Binding Authorities placed with Great Lakes, Lloyd’s and Company Markets with the option to combine multiple markets under a single combined policy to expand the capacity

• Commercial Property and Monoline Property
• High Value Homes
• Personal Lines Homeowners / Dwelling / Condo
• Investor-Owned Property
• Transportation
• Earthquake
• Flood

In-House Underwriting

Capacity delegated by Great Lakes Insurance SE (a wholly owned subsidiary of Munich Re), making underwriting decisions for US wholesale brokers and MGAs 

• Commercial Property
• Investor-Owned Property
• High Value Homes
• Dealers Open Lot / Garage Keeper’s Legal Liability
• Transportation (Auto Physical Damage & Motor Truck Cargo)

About Munich Re Specialty

Munich Re Specialty – North America products and services are offered by and provided through insurance companies and producers/surplus lines brokers that are eligible or licensed in accordance with the laws and regulations of individual jurisdictions. Products and services are not available in every, and may vary by, jurisdiction. The information provided on this site is intended as general information only and does not constitute an offer to sell or a solicitation to purchase insurance or non-insurance products and services. Please be aware that the insurance policy and not any information provided on this site will form the contract between the parties thereto, and will govern in all cases. Munich Re Specialty – North America’s insurance products and services in the United States, Canada, and the United Kingdom are underwritten and provided by or through one or more of the insurers, producers/surplus lines brokers that are members of the Munich Re Group identified below. Each company is financially responsible only for insurance policies it has issued.

For more information on Munich Re Specialty, including licensing, regulatory-required, and other information on the operating companies, please click here.