Alize Ltd., a new start-up has been launched in Bermuda, targeting the provision of actuarial and underwriting services to assist in the placement of specialty lines reinsurance and retrocession.
Led by Brian Gulbransen, who has left his position as a Partner at reinsurance broker Capsicum Re, Alize Ltd. will work with brokers and intermediaries to help design, structure and price bespoke specialty risk reinsurance and retrocession placements.
Alize will use its own proprietory analytical and actuarial tools to advise on and assist with the planning and structuring of marine, energy and aerospace reinsurance or retro programmes for the customers of brokers and intermediaries.
Alize has established a strategic alignment with insurance management firm Artex Risk Solutions (Bermuda) Ltd. and as a result has structured a facility to provide A rated capacity for both proportional and non proportional reinsurance and retrocession.
Gulbransen takes on the role of managing director and will lead Alize Ltd. He has over 30 years’ of experience in the industry, most recently from his role as a partner at Capsicum Re in Bermuda, prior to which he worked for ILS Capital Management as a chief underwriting officer for specialty lines.
Tim Starr has also joined Alize Ltd as an actuarial data scientist.
Gulbransen commented on the announcement of Alize’s launch, “The launch of Alize signifies a shift in the way the Bermudian market will price and structure risk. I am looking forward to working on diverse and interesting reinsurance and retrocession products that will add real value to our customers to help them manage their portfolios of specialty risks.”
