At Watch Hill, Everything Counts, Everyone Matters.™ This slogan is integrated into all aspects of our business. At Watch Hill, service to our customer is a reality, not a marketing slogan. Our employees have a sense of urgency and a get it done attitude that transcends all of our activities. The expertise of our underwriters and staff is among the best in the country. Watch Hill writes casualty facultative business generated predominantly by reinsurance intermediaries in the United States. The majority of business consists of individual risk business, but may also include facultative automatics and program business. Business is written on an excess of loss basis or, in the case of Umbrella Liability or certain Professional Liability classes, on a contributing excess basis.

Unlike treaty reinsurance, individual risk facultative business is inherently subject to adverse selection because it tends to be purchased on accounts that present large, difficult or unusual exposure that the ceding company cannot, or prefers not to reinsure under its treaties. As a result, facultative reinsurance is opportunistic in nature and is particularly sensitive to market cycles. Watch Hill's underwriters are experienced in both hard and soft markets.

Watch Hill quotes excess of loss reinsurance for a variety of third party coverages, concentrating on excess general liability, products, construction, automobile liability, non-medical professional liability and umbrella. Our maximum authorization on any one risk is $3,500,000. When not in agreement with the original business offer, we will propose reasonable alternatives.

Watch Hill Fac wrote $26 million in gross written premium in 2006.

 

Formed in November 2005, Watch Hill Fac is dedicated to the facultative casualty marketplace. The exposure to additional markets that we provide enhances W.R. Berkley Corporation's leading position in the U.S. broker facultative market. Watch Hill Fac has established itself as a consistent, disciplined, profit-oriented underwriting organization. Our centralization, communication, depth of experience and service standards is benchmarked against the best in the reinsurance industry. Watch Hill is staffed by highly energized employees intent on displaying a sense of urgency to all our customers and producers. Our average underwriter has 20+ years of experience in the commercial casualty arena.

Watch Hill underwriters rely upon their underwriting and pricing expertise to assess exposures, and select those accounts that meet their target risk profile. Severity exposures will be mitigated through careful management of line size, risk selection (both class and individual risk), terms and conditions, and attachment point.

As a facultative enterprise, Watch Hill capitalizes on its ability to move in and out of classes or lines of business according to where the best profit potential is to be found at particular points of the cycle, while maintaining the long-term focus and discipline acquired for success.

When you need a quote on a tough risk, please give us a call. You decide if we are distinctive. We will not disappoint.