As a Bermuda Class 3 licensed insurer, Norfolk is in a unique position to provide a service that extends beyond the traditional benefits available through conventional insurance structures.
Norfolk’s licence extends to both General and Long-term insurance – the facilities available make it possible for Norfolk to assist clients in managing and obtaining cover for corporate and other risks that are amenable to captive finance programmes. Additionally, by grouping a number of insurance programmes under one license, economies of scale are achieved that significantly lower the administration costs of such a facility.
Thryve is a leading global company providing cloud-based insurance administration, risk management systems and CRM systems to a blue-chip client profile of large corporates and insurance intermediaries in various countries.
With a 15-year proven track record, they apply local industry-expertise and world leading risk and insurance technology to deliver a solutions-driven approach to assessing, measuring and managing business risk.