An insurance company´s most valuable asset is the business it has written
over time. For a variety of sound business reasons, an insurance company
may have to make the hard decision to divest itself of a given line of
business. At Mystic we believe that a seller should always retain the services
of an intermediary firm when making a divestiture.
For starters, the intermediary can locate, screen and qualify potential
buyers without identifying you as the seller. Only the serious buyers,
we have qualified, will learn that you are selling, thus preserving confidentiality
of your intent to your field force, policyholders and staff until appropriate.
Your intermediary would also have the feel for the marketability of your
Mystic can prepare your offering document, valuations of properties
to be divested, negotiate on your behalf, draft all necessary agreements
and assist with any reinsurance needs. Our staff is comprised of nothing
but insurance professionals with tangible reinsurance experience. At Mystic
your project matters to us regardless of its size. Every transaction involves
our collective expertise and our entire staff is dedicated to moving your
project to a successful conclusion.
When you objectively compare Mystic´s industry contacts, technical expertise,
commitment to service and cost there is only one clear choice ~ MYSTIC
Companies consider acquiring insurance properties for many reasons.
For some, it is to make a first-time entrance into the market. Others wish
to expand their business base to recognize economies of scale, and some
merely want diversification in their existing operation. But regardless
of your reason for seeking an acquisition ~ Mystic can help!
We specialize in helping companies enter the insurance/reinsurance industry.
Therefore, we maintain an extensive inventory of ´clean´ shells and constantly
monitor the industry for additional shells. Mystic can also help if your
target is a fully operational company. Often Mystic brings an intimate
knowledge of the target´s management or business gained from past dealings
through our reinsurance practice. Mystic uses this knowledge and relationship
with their management to provide you with the best available information
that will lead to a successful negotiation.
Companies seeking books of business, will benefit from Mystic´s wealth
of experience in the reinsurance arena. We can provide the full service
of a professional reinsurer ~ so you can assume your target block with
confidence in both product assumptions and treaty structure.
Whether you are a first time buyer looking to enter the insurance market
or a well-established insurer yourself, Mystic can expedite your search.
~ MYSTIC ~
For more information please contact us at Mystic Insurance Intermediaries at 262-538-4910 or....