ARTI RE CAPTIVE
With the aim of improving financial insurance and surety business...
Our team, which has worked in international projects in various positions on risk management, provision of project guarantees and financial insurances since 1991, came together under the roof of the captive in order to present their expertise.
Our goal is to offer surety and financial insurances with the cooperation of reinsurance + bank.
Experience of our team:
Since 1991 / Served to > 600 Projects / Total Contract Value > USD 34B / Total Bond Value > USD 9.5B
Arti Re team is able to perform all technical studies and coordination in the field of surety and financial insurances. In this context, the team provides the following services to solution partner re/insurance companies and surety customers:
-Analysis of contractor’s financial statements, business plan and the risks of contracts between owner, contractor, JV, lender.
-Reporting of contractual risks and then periodical progress reporting to all interested parties.
-Underwriting works of requested bonds comprehensively.
-Wording of facility agreements and bonds due to the project risks.
-Placement from re/insurance companies, banks and/or other financial companies according to the status of the parties and the contract.
-Coordination of issuing the bonds for the project.
-Management of assets given as collateral.
-Communication with the contractor throughout the year.
-Inspection by periodic site visits to prepare status report showing how the company has achieved its objectives.