The purpose of the Short Term Insurance Ombudsman is to resolve disputes between members and insured consumers in an independent, impartial, cost-effective, efficient, informal and fair way. . More Details »
The acceptance of insurance or reinsurance business with the intention of passing it on largely or wholly to another insurer or reinsurer, i. e. acting as a conduit. A method whereby a direct insurer cedes all of the risk it undertakes on a particular policy to a reinsurer nominated by the insured.