Walkers acted as Bermuda counsel to Our Kettle, In con the formation and registration of collateralized reinsurer, Kettle Re Ltd.
Kettle Re will focus on California wildfire reinsurance and its aim is to be the world’s most technologically advanced reinsurer.
Kettle Re is committed to protecting the world against extreme natural catastrophes associated with climate risk and uses advanced quantitative analytical tools to address reinsurance of volatile risks, presently unmet by the traditional insurance market. Kettle Re’s proprietary technology is part of a digital renaissance in re/insurance and is paving the way towards Bermuda establishing itself as the ‘Silicon Valley of the Mid-Atlantic’ – at the intersection of the technology and risk-transfer industries.
Kettle is an insurtech company that develops a machine-learning powered reinsurer balancing risk in a changing climate.
The Walkers Bermuda Team was led by Peter Dunlop (Picture) and Senior Associate, Melanie Fullerton.
Law Firms: Walkers Global;
Clients: Our Kettle, Inc ;