Corporate StructureMunich-American RiskPartners is a unit within Munich Re's Special and Financial Risks Division. Munich-American RiskPartners operates out of Munich and London. From a legal point of view, Munich-American RiskPartners GmbH in Munich ("MARP Munich") is a company that - underwrites reinsurance business from captives of Fortune 5000 companies for and on behalf of Munich Re and
- arranges insurance covers for Fortune 5000 companies in the name and on behalf of Great Lakes Reinsurance (UK) Plc ("Great Lakes UK") or
- an acceptable fronting company to be reinsured by Munich Re.
MARP London is a division of Great Lakes UK and writes exclusively on Great Lakes UK paper. Great Lakes UK in London is an insurance company, 100% owned by Munich Re and enjoys the same sound credit rating. Its main objective is to facilitate insurance business on behalf of the Munich Re Group. We aim to provide our clients with a perfectly seamless service under the names by which we are known in the market - Munich-American RiskPartners, MARP Munich, and MARP London. Accordingly, these are the names we use to describe ourselves and our business throughout the remainder of this website. |