CARGO REINSURANCE DELIVERING A SUPERIOR SERVICE WITH A COMPREHENSIVE RANGE OF PRODUCTS INDEPENDENT CONNECTED COMMITTED.

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1 CARGO REINSURANCE DELIVERING A SUPERIOR SERVICE WITH A COMPREHENSIVE RANGE OF PRODUCTS INDEPENDENT CONNECTED COMMITTED

2 INDEPENDENT CONNECTED COMMITTED BETTER FOR YOU We are an independent specialist global wholesale insurance broker with offices in Bermuda, Chile, Dubai, London and South Africa. We have had over 11 successive years of growth, placing non-standard risks for large multi-national companies. Our team of experts work closely with clients ensuring they are aligned with the best markets, people and products available to achieve the right solution. We have over 380 employees working in all aspects of broking, technical, claims and support. INDEPENDENT. CONNECTED. COMMITTED. INDEPENDENT VIEWPOINT DELIVERING SOLUTIONS OUTSTANDING SERVICE EXPERTISE & EXPERIENCE Independent Our independence means we have no local conflicts, nor are we constrained by market agreements. This leaves us free to work with markets best placed to meet you and your clients needs. Connected You benefit from our centralised in-house service, a team driven by a desire to collaborate in your best interests. Together, we will connect you with the best products and markets to achieve the right solution for you. Committed Taking a long-term view means that we are dedicated to developing a mutually beneficial relationship with our clients and markets. By working together we believe we can tackle the most sophisticated risks with a tenacity to deliver on time, every time. INDEPENDENT BROKER AND SPECIALIST (RE) INSURANCE ADVISOR As a truly independent company we are committed to bringing you unparalleled expertise connecting you with the best people, markets and solutions available. 7 OFFICES WORLDWIDE LONDON UK HAMILTON BERMUDA DUBAI UAE LABUAN MALAYSIA STELLENBOSCH SOUTH AFRICA SANTIAGO CHILE JOHANNESBURG SOUTH AFRICA

3 THE RIGHT SOLUTION FOR YOU Finding the right answer means asking the right questions. We believe that to really get to the bottom of your business needs, we have to listen to you and understand what drives you. Only then can we begin the journey to the right recommendations. Understanding We will assess your situation, gather all of the data required and then analyse the information before agreeing a joint approach that matches your risk appetite. It is essential for you to be part of the process, to be informed and empowered. Communication Open engagement between all parties, you, us and underwriters, creates a long-term mutually beneficial relationship. By working closely with you we can align your needs to the best markets, to find a solution that is right for you. Our strategy combines a nimble, entrepreneurial and collaborative philosophy underpinned by expertise in all aspects of international cargo. Marketing discipline A disciplined and consistent approach has cultivated long standing relationships with insurers in the London, European, Bermudian, North American and International markets. This, in turn, delivers the results you demand. EXPERT SERVICE DELIVERY Each and every client is placed at the centre of the Price Forbes business. Value is added to the process of purchasing insurance through the consistent delivery of a high level of service. Expertise and experience Attracting and developing the best talent to offer you the right expertise. Delivering solutions Aligning the market to offer tailored solutions to address your needs. Outstanding service Our growth is underpinned by the excellence of our coordinated in-house claims and service delivery. IN-HOUSE CLAIMS The acid test of a (re)insurance broker s service is the quality of its claims handling. This is why claims negotiation and settlement is neither outsourced nor off-shored; it is handled by us, in one central location. Our claims team is thorough, tenacious and creative, composed of a group of highly qualified specialists who understand the industry. They are integral to the service we provide to you, from simple administration all the way through to claims advocacy.

4 EXPERT CARGO REINSURANCE CAPABILITIES Our dynamic London-based team offers bespoke facultative and treaty solutions. Cargo Reinsurance Products Cargo Stock Throughput Stock Only Container leasing Cargo and Rejection Project Cargo / Delay in Start Up Freight Forwarders Liability War on Land Areas of expertise include: Electronics and mobile phones Pharmaceuticals Temperature-controlled goods Agriculture Hard and soft commodities Chilled and frozen foods Fast moving consumer goods Heavy equipment

5 We firmly believe that we can offer you a unique service. Our team delivers seamless service from placement through to policy issuance and claims negotiations. PRODUCT HIGHLIGHT: STOCK THROUGHPUT We work together with both local brokers and insurance companies to ensure that the client benefits from seamless coverage from the time they have a financial interest to completion. We have been continually developing our stock throughput reinsurance product which enables us to use our expertise to design and deliver a custommade placement for each client. Key Features All risks of physical loss or damage cover for transit and storage risks Coverage not available locally due to treaty exclusions Primary and excess programme structures available Treaty and facultative solutions available Significant capacity available from Lloyd s of London and international reinsurers with A ratings Worldwide coverage available Target Clients Commodity trading companies including oils and grains High-technology and bio-technology industries Importers, exporters and distribution companies Manufacturers Retailers Benefits Combining a number of risks under one policy provides significant price savings High limits and low deductibles Ocean cargo, inland transit and stock insured under one policy Potential gaps between multiple policies are eliminated Premium can be rated against sales turnover Reduces the need for time-consuming declarations

6 STOCK THROUGHPUT COVER TRANSITS Finished products and raw materials PACKAGING AND PROCESSING STORAGE Retail stores STORAGE Owned and thirdparty warehouses TRANSITS Domestic and overseas

7 HOW WE HELP MAKE A DIFFERENCE We worked together on our worldwide stock throughput policy implementation and found their knowledge of this sector invaluable. We particularly liked how they made sure that they understood our business in detail and were able to tailor make the policy to suit our requirements. They provided regular contact and made suggestions as our business developed and grew, and more importantly, went into new markets. CFO, Metal Trading Company

8 Call us on: +44 (0) and we ll put you through to one of our experts. Or one of our experts below. MEET THE EXPERTS Jennifer D Arcy Executive Director, Head of Cargo Reinsurance T +44 (0) M +44 (0) E jenniferdarcy@priceforbes.com Christine Stewart Associate Director T +44 (0) M +44 (0) E christinestewart@priceforbes.com Rebecca Ellis Account Executive T +44 (0) M +44 (0) E rebeccaellis@priceforbes.com Sophie Forster Claims T +44 (0) M +44 (0) E sophieforster@priceforbes.com Matthew Salton Claims T +44 (0) E matthewsalton@priceforbes.com Price Forbes & Partners Limited 2 Minster Court, Mincing Lane, London EC3R 7PD Copyright Price Forbes & Partners Limited 2018 Registered in England number Registered office as above Price Forbes & Partners Ltd is a Lloyd s broker and is authorised and regulated by the Financial Conduct Authority PFP /18