Regional Treaty Services Corporation (RTSC)
United States
RTSC, a business unit of Victor US, currently offers unique reinsurance solutions for small to mid-size, regional mutual and stock insurance companies in the United States.
The RTSC business underwrites and manages reinsurance facilities (treaty and facultative) through panels of reinsurers rated AM Best A- or better.
Regional Treaty Services Facility (RTSF)
The RTSF facility supports regional insurance companies that provide coverage in multiple states for complex commercial and casualty risks. Target classes include multi-line, property, and casualty layers with limited appetite for catastrophe exposures. Capacity ranges from $2.5 million to $5 million per contract, and maximum of $250 million in annual direct premium written.
Regional Accounts Program (RAP)
The RAP facility supports small treaty insurance companies operating in a limited geography, such as a single state or county. Target classes include home, farm, and main street commercial business. The RAP facility is a complete solution with RTSC underwriting 100% of coverage. Common client attributes include maintaining a working program with a catastrophe or aggregate cover and annual direct written premium (DWP) cap per client is $50 million. The program offers unlimited catastrophe and aggregate coverage where required by state law, but no stand-alone catastrophe.
Victor's established capabilities in small commercial underwriting, advisory services and digital distribution platforms offers a competitive advantage to our partners.
Property Facultative Program (Property Fac)
The Property Fac facility supports regional insurance companies participating in the RAP and RTSF facilities on the business outside of treaty limits. The Property Fac facility also supports small insurance companies that may struggle to obtain treaty insurance.
The maximum limit available under the Property Fac facility is $5 million per facultative risk.
Why choose Victor?
Victor has extensive experience working within the global reinsurance marketplace. As an organization, we have a strong understanding of how the reinsurance market works and where we can add value. By individually underwriting all participating companies based on their unique risk attributes and loss experience, Victor ensures consistency and stability across the RTSC facilities.
Our track record of underwriting excellence and diverse product offerings deliver access and growth opportunities for both reinsurers and participating RTSC cedents. Victor's established capabilities in small commercial underwriting, advisory services and digital distribution platforms offers a competitive advantage to our partners.