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Find out moreGeneral Re Corporation provides reinsurance solutions to the life, health, property, and casualty insurance industries in North America and internationally. They work closely with clients to understand their strategic and operational goals, offering a wide range of products, tools and resources that aim to promote clients’ ongoing growth and success.
Gen Re is a member of the Berkshire Hathaway family of companies, and has earned superior financial strength ratings from each of the major rating agencies. With $13 billion in capital and approx. $5.6 billion in premiums, it is one of the leading reinsurers in the world with a global network of offices in key reinsurance markets.
Gen Re offers life and health reinsurance protection in various lines of business, such as critical illness, disability, life, and Medicare supplement; underwriting services for individual life, individual disability, and individual critical illness; claim management services; industry wide studies and research services for life and health reinsurance clients; and educational meetings and Webinars.
The company also provides solutions and services in the areas of risk assessment for biometric insurance risk; medical underwriting and claims assessment services; risk management services; solutions for auto, motor exposures and coverages, including auto, motor liability, accident, transportation liability, and more; and underwriting services for various coverages, such as commercial umbrella, cyber risk, directors and officers liability, employment practices liability, errors and omissions, professional indemnity, liquor liability, medical professional liability, personal accident, personal injury liability, pollution and environmental impairment liability, products liability, products recall, workers compensation, employers liability, and more.
In addition, it offers solutions for property exposures and coverages, including commercial property, mining, oil and petrochemical, technology, power generation, cyber risk, farm owners, ranch owners, homeowners and householders, individual perils, inland marine, ocean marine, hull, cargo, marine liabilities, and more.
Further, the company provides services and solutions for contract surety and construction bonds, commercial surety, bond, court bonds, government entities, individual or schedule bonds, and more. General Re Corporation was founded in 1846 and is based in Stamford, Connecticut.
In 2017 the company has announced their partnership with insurtech start-up TrackActive. TrackActive is working with Gen Re to improve healthcare services for insurance members. TrackActive will work with Gen Re to refine the potential of their solution for the insurance industry with the objective of improving engagement and outcomes for consumers.
In 2019, the reinsurer launched the NOW app, which uses facial analytics tech to simplify the purchase of Life, Hospital Cash or Accidental Death insurance. Powered by Lapetus Solutions' JANUS facial analytics tech, the buying process begins by simply uploading a selfie from one's smartphone.
In June 2023 the company partnered with Bluezone, which offers life insurance for people with chronic illnesses, and insurer Covéa Life, to launch a new life insurance product in the UK, for customers with Type 2 diabetes.
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