Who we are
About
We deliberately underwrite a low volume of international transactional risk projects in order to maintain best-in-class project and claims execution for our clients and broker partners.
Private Capital Specialists
£40m
per policy
>1,000
transactions underwritten
10 yrs
avg. experience per underwriter
>50
jurisdictions covered
£bns
of capital deployed
Alpha TR is an approved Lloyd's of London Coverholder
Alpha TR is a specialty managing general agent with a particular focus on international transactional risk insurance. We are specialists in providing insurance to the private capital sector. Alpha TR can issue policies up to £40m and boasts one of the most experienced underwriting teams in the international transactional risk market with 10 years of average experience per underwriter.
Our underwriters have underwritten thousands of transactions and deployed £billions of risk capital. We can execute from the simple to the obscure, and everything in between. We offer a consistent, predictable counterparty and aim to provide a sophisticated service. In short: we get deals done.
What risks are within your appetite?
Alpha TR's core appetite is for international transactional risk insurance, in particular:
- W&I, including buy-side, sell-side, secondaries, and synthetic
- Tax
- Europe, MEA, and APAC (we do not have appetite for the USA)
- Up to £40m per policy (we do not apply a minimum)
- Restricted appetite for contentious / litigation risks
Frequently Asked Questions
What is the significance of being a Lloyd's Coverholder?
Alpha TR is an approved Lloyd's of London Coverholder. Approval as a Coverholder at Lloyd's requires sponsorship from a Lloyd's syndicate (in Alpha TR's case, AXA XL).
All Lloyd's risk capital has a credit rating of AA- from Fitch as well as Standard and Poor's and A+ from AM Best. Details are available on the Lloyd's ratings page.
Lloyd's unique capital structure (known as the 'Chain of Security') includes a >£3bn Central Fund and provides excellent financial security to policyholders. The Central Fund is available at the discretion of the Council of Lloyd's to meet any valid claim that cannot be met by the resources of a Lloyd's syndicate. Further details are on the Lloyd's capital structure page.
Lloyd's risk capital benefits from strength, security, service, and standards (see the Lloyd's standard) and in particular:
We do things differently.
The Lloyd's market offers the best experience for our customers, with a claims service that has your interests at heart.
Quite simply, Lloyd's has built its global reputation by upholding its promise to pay all valid claims for more than three centuries. It's what sets Lloyd's apart, and it's done by providing unparalleled security, global strength, exceptional service and world-class expertise for customers globally.
We call it the Lloyd's standard.
More information is available on lloyds.com.
What is a managing general agent?
A managing general agent (or MGA) deploys risk capital on behalf of its risk capital providers. Alpha TR's risk capital providers are a consortium of blue chip insurers led by AXA XL.
How is Alpha TR regulated?
Alpha TR Limited (Company No. 16703837) is an appointed representative of CBC UK Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 145164). Alpha TR Limited's FCA reference number is 1049482.
Alpha TR is a trading name of Alpha TR (Europe) Cell a cell of Jatco Insurance Managers PCC Limited which is authorised under the Insurance Distribution Act Cap. 487 to carry out insurance intermediary activities and is regulated by the Malta Financial Services Authority (MFSA, Mdina Road, Zone 1, Central Business District, Birkirkara CBD1010 Malta).
How does Alpha TR access the EU market?
All insurance business in the EEA is performed via Alpha TR (Europe) Cell (Alpha Europe), a cell of Jatco Insurance Managers PCC Limited which is authorised and regulated by the Maltese Financial Services Authority. Alpha Europe is a 100% subsidiary of Alpha.
Alpha Europe uses the Lloyd's Belgium platform whereby Lloyd's Insurance Company SA (Lloyd's Europe) is the insurer and is reinsured by Alpha Europe's syndicates in London. Lloyd's Europe is authorised and regulated by the National Bank of Belgium.