CAREEA

Two current carriers are Seyna and wakam,

Wakam overrider 5.5 % , Seyna <5%. 30% of the book still sits within Wakam.

Potentially looking for a carrier to replace Wakam, looking for a healthier carrier.

Most of the book comes from Asia where they have experience in electric vehicles.

Insurance product offering is motor affinity ( add -ons, gap).

they target a reinsurance cession of about 20%, to reinsurance partners.

Decline