Captive reinsurance, structured
and optimally placed.
Piko Re is Piko’s reinsurance brokerage arm. We evaluate, structure and place reinsurance for all forms of captives and risk retention groups, and for the complex risks they carry. We combine experienced brokerage judgment with Piko’s AI-enabled structured captive data, so we know the whole program before it goes to market.
What We Place
We place reinsurance across these risks and lines today.
-
Property
CAT exposure, shared and layered programs, funded retentions.
-
Excess Casualty
Energy, chemicals, power generation and specialty casualty programs.
-
Trucking Excess Liability
Structured reinsurance for cell and single-parent captives.
-
Emerging Risks
Life sciences, AI and technology captives.
-
Specialty Lines
Commercial specialty programs, title insurance, surety and healthcare.
-
Life and Health
Stop loss and longevity.
We bring deep experience to the transactions a captive goes through.
Captive Formation for MGAs
Vehicles built for reinsurance and capital efficiency.
Dormant Captive Sales
Existing vehicles sold to legacy acquirers.
Loss Portfolio Transfers
Solutions built around a captive’s existing liabilities.
Sharpened Placements
The submission starts from the whole program.
Using our proprietary AI tools, Piko structures and standardizes each captive’s records, and our brokers work from that view: the exposure base, loss trends across TPAs and carriers, the program’s own actuarial analyses.
What reaches the market reflects all of it. Through direct relationships and correspondent brokers, we have global access to reinsurance and parametric markets, and we place with pricing, coverage and terms, capacity and timing considered together.
Built Around the Retention
A captive’s reinsurance has to fit the risk it keeps.
We start from the retention and build outward: quota share and excess of loss, aggregate and structured arrangements where the program calls for them, and facultative placements for the individual risks within it.
Two approaches go further. We can carve CAT exposure out of a traditional placement and cover it parametrically through global providers, to bring the cost of the placement down. For group captives, we can explore whole-account structured reinsurance, for greater reinsurance efficiency and a lower cost to members.
The Judgment Behind It
Steve McElhiney leads Piko Re’s brokerage operations and the judgment behind each placement.
He brings three decades in insurance and reinsurance, including running a global captive, and extensive leadership in the captive and reinsurance communities. He has been Global Director of Captive Reinsurance, CEO of a reinsurance broker and Chief Risk Officer of a Fortune 500 captive, and has held executive roles with global carriers, reinsurers and intermediaries.
Contact us
contact@pikointermediaries.com
Piko Reinsurance Intermediaries, LLC
(Piko Re Intermediaries, LLC)
Southlake, Texas
- NPN22348436
- Texas License3555022
