少額短期保険会社設立

ADVANTAGES TO SET UP SMALL-AMOUNT /
SHORT-TERM INSURANCE COMPANY

Service for corporations like these:

  • A company such as a property management which hopes to manage an insurance company on its own for its customers and sell insurance products as its own products
  • A company such as one in a pet-related industry with a certain number of customers which hopes to sell insurances in addition to its own services
  • A company such as one in a medicine-related industry with expertise or know-how which hopes to sell original medical insurances
  • A company which hopes to broaden the possibility for the expansion of markets in a totally new form for its own customers


Overview of service

We provide a total support system from consulting, supporting setup to arrangement of reinsurance to set up and operate a small-amount / short-term insurance company as a profitable business model.

Comparison of the main regulation
S.A.S.T.I.
(Small and short-term insurnace )
Insurnace Comapny
Period of Insurnace 1 year or less (2 ears or less for property) None
Premium
Severe disability due to illness and/or death
- 3 Million JPY or less
Hospitalisation due to illness
- 800,000 JPY or less
Death due to injury /severe disability
- 6 million JPY or less
Property
- 10 million Yen or less
None
Annual Premium Below JPY 50 billion None
Minimum Capital JPY 10 Million JPY 1 Billion
JPY 1 Billion Registered under the Finance Bureau Licenced by the Financial services agency
Life/Non-Life insurnace Both available Life or Non-Life
Maximum limit of insurnace amount per contract is 1 billion yen

Supports
 Supporting application / approval operations in setting up a small-amount / short-term insurance company
 Developing products in collaboration with actuaries
 Supporting the introduction of administrative systems for entire insurance operations
 Arrangement of reinsurance
 Acting supports of contracts and settlement related to reinsurance


Advantages to set up small-amount / short-term insurance company

  • Designing of unique products is possible as an advantage of small-amount / short-term insurance company. Supporting your company to explore new markets with your original products.
  • Being able to directly propose insurances to your own customers will tremendously boost the sense of security and satisfaction of existing customers.
  • Connect the world reinsurance market to maximise your business's potential
  • Free designing of insurances is possible, such as one-off lawyer costs, one for solitary death, one for reforming, or one for automobile parts, different from the traditional insurance.

Cases of small-amount / short-term insurance company

The greatest attractiveness of small-amount / short-term insurance company is for one to be able to freely design a variety of products as seen in cases below.
We not only help set up a small-amount / short-term insurance company for you, but also provide services to comprehensively back up one through developing new products and revising contents of the products with actuarial math, arrangement of reinsurance or marketing consulting.

For those companies please contact us

  • Companies wishing to reevaluate their current insurnace package to potentially reduce their premiums.
  • Companies who believe that earthquake cover is highly risky.
  • Companies who wish to use insurnace as a merketing tool or as a business selling point.
  • Companies who believe it is possible to reduce risk by insurnace and for compensation and cyber risk in IT businesses.
  • Companies who think that they can cover "special" risks that can not be accpted under normal conditions.