SRS Group of Companies is an independent group based in Athens, Greece.
Our group consists of two companies:
• SRS Wholesale (Re)Insurance Brokers S.A., which places business in the open market, as a wholesale broker.
• Special Risk Solutions (SRS) Underwriting Agency MGA S.A., which underwrites on the behalf of capacity providers
Your (Re)insurance Provider
Special Risk Solutions (SRS) Group of Companies is an independent group based in Athens, Greece.
Our group consists of two companies:
- SRS Wholesale (Re)Insurance Brokers S.A., which places business in the open market, as a wholesale broker.
- Special Risk Solutions (SRS) Underwriting Agency MGA S.A., which underwrites on the behalf of capacity providers
What Is A Wholesale Broker?
Wholesale Broker – a type of insurance broker who acts as an intermediary between a retail broker and an insurer, while having no contact with the insured. Wholesale agents place business brought to them by retail agents. Unlike a retail broker, wholesale brokers have direct contact with the insurer, whereas the retail agent who produced the business does not. Wholesale brokers often possess specialized expertise in a particular line of coverage or in a line of coverage that is unusual and/or have greater access to or influence with certain insurance markets, which is especially valuable when dealing with a difficult-to-place risk.
What Is An MGA?
Managing General Agent (MGA) — a specialized type of insurance wholesale agent/broker that, unlike traditional agents/brokers, is vested with underwriting authority from an insurer. Accordingly, MGAs perform certain functions ordinarily handled only by insurers, such as binding coverage, underwriting and pricing, appointing retail agents within a particular area, and settling claims.