Colemont’s London-based FSU Business Development Team knows how to do business in the Former Soviet Union.  The skilled professionals on Colemont’s FSU team have the background and experience to understand the mentality and culture of the FSU regions.

Often it seems that even the most prominent participants in the international insurance marketplace do not fully understand their FSU clients.  Many do not seem understand differences in standards, accounting principles, or the definitions of basic insurance terms.  Despite their use of competent translation, many companies have the wrong mentality and simply take the wrong approach in delivering insurance solutions to FSU clients. 

Colemont’s solid, long-term portfolio of FSU clients proves that we take the right approach.  We have achieved the special knowledge necessary to establish successful broking activity in the region. 

Colemont offers capabilities in property, marine, treaty, and aviation business.  We are especially proud of Colemont’s Niche Specialties Division (NSD), which includes dedicated producers and capacity for the FSU market.  The NSD Team can assist with Fine Art, Specie, D&O, E&O, Bankers Blanket Bond, and Captive Advice and Management.

Colemont’s FSU Team offers:

1. Choice of reinsurers and the most effective cover option based the client’s particular requirements and considering restrictions and methodology of each specific reinsurance policy.
2. Prompt and effective claims procedures which ensure a quick recovery from the reinsurance market and efficient transfer to the client.
3. Creative approach to not only the design of the reinsurance programme but also to a mutually profitable co-operation.

To achieve these goals, Colemont closely monitors the development of the FSU marketplace, and we are constantly upgrading our knowledge of the norms and standards of management of FSU enterprises.  We are dedicated to studying different methodologies with respect to the use of equipment and replacement of spare parts. We also consider requirements of the Government Regulators and fire safety with respect to the structure of insurance programmes.