User Agreement

1. Website content

We as service providers are liable for our own content on these pages in accordance with general laws. However, we take no responsibility for the timeliness, accuracy, completeness or quality of the information provided. The user declares to be absolutely responsible for his/her actions, content accessed, messages transmitted between users and also any other functionality used and permitted by the platform, wherein the user has access and power to modify. We are in no event liable for damages of any kind incurred or suffered as a result of the use or non-use of the information presented on this website or the use of defective or incomplete information. We as service providers are not under obligation to monitor external information provided or stored on our website. Once we have become aware of a specific infringement of the law, we will immediately remove the content in question. Any liability concerning this matter can only be assumed from the point in time at which the infringement becomes known to us. We expressly reserve the right to alter, amend or remove pages, whole and in part, without prior notice or to discontinue publication for a period of time or even completely.

2. Limitation of liability for external links

Our website contains links to the websites of third parties („external links“). As the content of these websites is not under our control, we cannot assume any liability for such external content. In all cases, the provider of information of the linked websites is liable for the content and accuracy of the information provided.

3. Copyright

Any duplication, processing, distribution or any form of utilisation beyond the scope of copyright law shall require the prior written consent of the author or authors in question.

4. Security, privacy and information record

We are allowed to contact users directly and to ask for additional information and documents that we esteem to be important to check the informed user data. At any time the user or participant may request the closing of the account. Personal data collected partly or completely will not be given, rented, sold or borrowed to any other company, institution or association, without the consent of the user or participant. However, the purpose of this website is to connect people and/ or companies. We therefore expressly reserve the right to exchange contact information between users. Specific risk information and contract details presented on this website is limited as detailed information is stored and shared via external websites owned or controlled by the user. The disclosure of information on this website is voluntary. We shall be entitled to create data derived from such information provided that such data is aggregated in such a way and to such an extent that it is not able to identify underlying user data including for improving the functionality of the web application, research and market analysis. We would like to expressly point out that the transmission of data via the Internet can offer security vulnerabilities. It is therefore impossible to safeguard the data completely against access by third parties. We cannot assume any liability for damages arising as a result of such security vulnerabilities.

5. Website access and warranties

We make no warranties of error free or uninterrupted use with respect to the website and placement tool. We reserve the right to modify, add or remove functionality.

6. Conditions of use

The parties offering risks on the website are responsible for the way they are using the tool and they guarantee fair and equal treatment of participants. The parties participating in a risk auction intend to be bound on execution of a formal contract. However, a bid for a particular risk is not an offer of insurance nor creates any contractually binding commitment. We reserve the right to remove any client and user subscriptions without notice for any reason and will do so if we become aware of unfair use and practice of the tool.

7. Fees

Underwriting (user) and client accounts are free of charge. Clients (insurance/ reinsurance buyers and brokers) are encouraged to engage with one of our Underwriting and Capacity consultants. Consultants are free to agree consultancy contracts and fees – including contingent fees payable only if there is a favourable result – with their individual clients according to their engagement and value added.