If Industrial – Underwriting Capabilities

Underwriting large corporate risks is only a task for the most skilful and experienced underwriters. For decades, If has been the leading Industrial insurer for the largest companies in the Nordic area.

We have persistently held a market share exceeding 25 %. While we are happy with that, we are continuously working hard to serve our clients with the ambition to exceed expectations in the future.

Underwriting in Brief

Underwriting is the practice of selecting and pricing risks. An underwriter needs to forecast the probability that a loss will occur and a claim will be made. A wide assortment of data is used in this process. But an underwriter does not only need a lot of facts and figures. A good underwriter needs to be able to offer his client experience, knowledge and financial stability. We at If Industrial represent an underwriting organization that does posses these qualities and I would like to believe that this means significant advantages to our clients.

With this brief writing I would like to present the If Industrial underwriting organization. We consider ourselves to be among the best in serving Nordic clients globally.

Obviously this is not a humble statement. Nevertheless we believe that our underwriting organization represents significant advantages compared to many of our competitors.

Experience

As we have been operating in the Nordic market for such a long time, we have built a lot of competence and knowledge about the Nordic Industries. Our underwriters are experts in their field and have many years of experience.

Knowing different industries in dept makes it possible for us to offer a tailor made solution for each client. Both when it comes to direct insurance and captive solutions.

Knowledge

With our deep roots in Nordic industry our knowledge cover all main industrial segments such as Pulp & Paper, Power, Food & Beverage, Metal and Retail. Our philosophy is based on individual client based risk assessment and underwriting.

We have more than 150 experienced Underwriters, Risk Engineers, Lawyers and Assistant Underwriters committed to do their best providing our clients value added risk management services, competent and compliant running of international programs and professional claims service globally in more than 100 countries.

In addition to writing direct business we also have excellent competence in dealing with captive solutions, which we have built throughout many years in business relationship with many of the biggest Nordic captive clients.

In order to continuously secure our knowledge about risks and the market, we work actively with Competence Centers within different areas, e.g. Logistic Operators, Captives and Contractors All Risks.

Stability

An additional strength is that by choosing If, you choose a player who has been in the Nordic market for very many years and you can trust to have us for many years in the future as well.

Being the largest underwriting environment in the Nordic market, we are well covered with many underwriters within each competence area and as such we can secure a stable service and competence level.

I am certain that If Industrial is perceived as one of the top performers in our markets and I’m proud to offer you an Underwriting organization with the clear ambition to exceed your expectations.

Insurance solutions

Changing Markets in Brazil

If prides itself for being a global insurance company with a Nordic touch. Today, we do business all over the world. One of our latest developments has been opening up a bridgehead in Brazil.

Global claims handling with a Nordic touch

For a client a claim is often the moment of truth, the time when they need the most help from their insurer. For us, it is an opportunity to show the high service level our International Claims Team provides.

Deliveries to exotic countries

Business is done where business is, and to many of our customers that means remote places and exotic countries all around the globe. Transportation risks can however be covered just about anywhere in the world.