WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today that it has executed its sixth and seventh Credit Insurance Risk Transfer™ (CIRT™) transactions of 2023. CIRT 2023-6 and CIRT 2023-7 in aggregate transferred $789 million of mortgage credit risk to private insurers and reinsurers. These transactions were brokered by Aon plc, a leading global professional services firm, and sub-brokered by certified minority business enterprise (MBE) Protecdiv.
For companies looking to retain their competitive edge, if they aren’t already taking the business case forD&I seriously it is about time they caught on, Paul Little, chief operating officer at re/insurance broker Protecdiv tells Intelligent Insurer.
Philadelphia, PA, U.S. 13 JULY, 2020: Protecdiv, the first tier-one minority-led insurance and reinsurance broker in the U.S., has created a strategic relationship with BMS Group, the global independent specialist (re)insurance broker, to enhance its service offering to property and casualty (P&C) reinsurance clients