Fortis Insurance (Cayman), Ltd. (Fortis) was created to meet the needs of businesses to obtain insurance coverage at affordable rates. The founders of the Company perceived that the commercial insurance industry was not responsive to this basic commercial necessity.
The mission of Fortis is to provide the highest quality insurance protection and services for its shareholders. By bonding together to create true sharing of risk, the shareholders can control their insurance costs and avoid the volatility of the general insurance industry. Additional benefits are created through the increased assurance of coverage, the stabilization of premiums and the improved management of risk through effective loss control.
The Company, through the active participation of its shareholders, will endeavor to provide the long-term security of a well-managed offshore insurance company. To meet this goal, only those providers of services that can meet the highest standards of excellence shall be associated with the Company. From the very beginning, only known experts in their respective field of insurance support services were used in the formation of the Company.