Amlin London. Introducing our business

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1 Amlin London Introducing our business

2 Continuity in an uncertain world The world has rarely felt less certain, nor has commercial activity seemed so full of risk. Amlin enables companies to concentrate on their business goals by managing the varied risks of an uncertain world. We do this through our exceptional underwriting and risk management expertise, backed by financial strength and leadership in our markets. This is why Amlin will continue to be there when you need us.

3 Introduction This short brochure is an overview of Amlin London s underwriters expertise. While it is not a product list, we hope it serves as an indicator of the diversity of business which we are interested in underwriting. If you have questions or would like further information on any Amlin London business, please contact the relevant underwriter or our Head of Broker Relations, Richard Ohlson. Kevin Allchorne Underwriting Director Amlin London

4 The Amlin Group Amlin is a leading independent insurer operating in Lloyd s (Syndicate 2001), Bermuda and Continental Europe with combined gross premium of c. 2.3 billion It is one of the largest pure non-life insurance stock listed in London (market 31 December 2012 of 1.95 billion) Our specialty insurance and reinsurance business writes a diverse portfolio of property, marine, aviation, liability and motor classes Syndicate 2001 has demonstrated a consistent track record in hard and soft markets

5 Syndicate 2001 Ratings A+ (Superior) A.M. Best 4 (Stable) Moody s A2 (Stable) Standard & Poor s

6 Amlin London Claims David Turner Head of Claims T: +44 (0) Amlin is committed to fair, efficient and timely claims management. We recognise the importance of providing high quality claims service and, as a market leader, we adopt the same proactive approach to claims management as we do to setting terms at risk placement.

7 Steve Harlow Reinsurance Claims Manager T: +44 (0) Paul Farrelly Claims Manager T: +44 (0) Gavin Coley Claims Manager T: +44 (0) Julian Smith Aviation Claims Manager T: +44 (0)

8 Outstanding claims service Amlin Advance is an initiative for advancing funds to clients following major loss events. Amlin London was the first Lloyd s syndicate to offer such a facility, trialled following the Mumbai floods (2005), Hurricane Ike (2008) and recently the New Zealand earthquake. This underlines our focus on providing first class client service. How does it work? When a loss is notified, the underwriting and claims teams together review the type and circumstances of the claim and decide whether payment can be made ahead of the normal adjustment process Payments may also be advanced in multiple tranches as a complex loss develops Funds can be advanced to the Lloyd s broker, international broker or direct to the client At Amlin we recognise the importance of timely payment of valid claims and, where circumstances allow, we will fast-track payments to our clients.

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10 Marine & Aviation Andrew Wright Head of Marine & Aviation T: +44 (0) Miles Taffs Head of Aviation and Deputy Head of Marine & Aviation T: +44 (0)

11 Bloodstock Amlin underwrites business on a worldwide basis and are specialists in Bloodstock and high value Sport Horse insurance covering mortality, loss of use and infertility. Our Stallion Sub Fertility coverage was designed to correct deficiencies in existing policy forms and has received widespread acclaim from vets and stud owners. Many of the world s leading riders, studs and trainers involve Amlin prior to purchase and we work with them in partnership, to provide bespoke policy packages. Business is sourced from Lloyd s brokers and via our service company, Amlin Plus. Our underwriters and a network of experienced veterinary surgeons are on call 24/7 to offer advice and support to our clients. Cargo We have an established international book written in both London and Singapore. The team specialises in leading complex, capacity driven risks, placed on a subscription basis. Our portfolio includes stock-throughput, project cargo, heavylift, oil, and other commodity risks. We focus on working with brokers who share our commitment to delivering a consistently high standard of service to our clients. Our London underwriting team comprises Tom Brand, Joanne McWhirter, Aimee Nolan and Jessica Jarvis. Our Singapore underwriting team comprises Said Khan and Ping Ping Lim. David Ashby T: +44 (0) david.ashby@amlin.co.uk Tom Brand T: +44 (0) tom.brand@amlin.co.uk

12 Energy The Amlin Energy team underwrites a worldwide book of upstream exploration and production business focused mainly on providing physical damage cover for oil and gas companies and their contractors. We insure control of well risks, both within packages and on a stand-alone basis, fixed and mobile platforms together with their supporting pipelines, and cover for business interruption and the construction of offshore platforms and facilities. We also provide cover for land rigs, onshore fixed property and equipment. We continue to provide leadership in a number of niche areas including construction, single shot wells and medium sized E&P companies. Tim Welsh T: +44 (0) tim.welsh@amlin.co.uk

13 Hull Amlin underwrites an expanding international hull book, with considerable diversity in types and sizes of vessels insured, from small harbour craft to the largest of oil tankers and cruise liners. Amlin has a strong underwriting team, with easy access to key decision makers and a strong service focus, in both the underwriting and claims disciplines, as recognised by independent sources such as Gracechurch. Amlin has a long tradition of hull underwriting and is a recognised leader in all the major hull sub-classes, with expertise in niche areas such as loss of hire, fishing vessels and dredgers. We also underwrite marine war business and can offer tailored solutions for balance sheet protection from piracy and associated perils. Amlin writes hull in both the London and Singapore markets, offering time zone advantage to Asian clients. Iain Henstridge T: +44 (0) iain.henstridge@amlin.co.uk

14 Liability Amlin underwrites a diverse book of Marine and Energy liability risks. Our Marine account includes liability risks for Shipowners, Charterers, Port & Terminal operators and Shipyards. We also support various Protection & Indemnity facilities, including reinsurances of P&I clubs. The Energy portfolio comprises liability risks for upstream worldwide Exploration & Production companies, Drilling & Service contractors and Pipeline operators. We occasionally insure unusual risks including special Contractual liabilities, hazardous Pollution risks and other liability risks associated with the above operations. Howard Burnell T: +44 (0) howard.burnell@amlin.co.uk

15 Specie Amlin is recognised as a leading syndicate within the fine art/works of art and general Specie field. The latter includes cover for vault risks, cash, precious metals in transit or storage and insurance for securities. We provide coverage for some of the best-known museums and exhibitions in the world. We insure companies producing precious metals and stones from some of the world s largest mines and also dealers in the secondary market such as pawnbrokers. War Amlin provides insurance for Marine, Property and Aviation assets against physical damage from War perils, including Terrorism and foreign government Confiscation. As a market leader in War risks, Amlin is proactive in providing cover in the most challenging areas of the world, where other markets follow. Coverage has shown its worth following the World Trade Centre, Thai riots and Middle Eastern upheaval, and we have responded to valid losses suffered by our clients. James Farquhar T: +44 (0) james.farquhar@amlin.co.uk Jason Herriott T: +44 (0) jason.herriott@amlin.co.uk

16 Yacht The Amlin Yacht account consists of a global portfolio ranging from recreational craft cruising local waters in any given territory to Super Yachts navigating worldwide waters. The Amlin Yacht team are a recognised leader in the insurance of Yacht and Pleasure Craft programmes. Coverholder business represents the vast majority of the Amlin Yacht portfolio and as such our focus is writing binding authority business. The Amlin Yacht account is strongly supported by a number of marine specialist coverholders and agents. We pride ourselves on being able to respond to quotes within 24 hours and we are always readily available to meet with brokers outside of standard box hours. Bruce Hilsdon T: +44 (0) bruce.hilsdon@amlin.co.uk

17 Airline Amlin s hull and liability airline account covers business from all parts of the globe. We predominantly provide cover for major and smaller passenger airlines and also some airline lessors. Our philosophy is based upon high levels of service based on a mutual understanding of each others needs. Amlin is a recognised authority in this class. Miles Taffs T: +44 (0) miles.taffs@amlin.co.uk

18 Airport Airport liability cover includes a very diverse cross section of risk, including airport operators, service providers, air-traffic control, aircraft refuellers as well as the construction and maintenance of airports. A significant percentage of this account is generated from North America and Western Europe. Aviation Products We provide cover for manufacturers of airframe, engine and component parts against accidents arising from faulty parts, equipment or poor servicing of aircraft. We concentrate primarily on the component part sub-contractors. Also included in this class are repair and overhaul organisations which service anything from light aircraft to wide bodied jets.

19 General Aviation We cover a wide range of aviation risks in addition to the major classes. These include general aviation hull for small aircraft and cargo, excess liability, non-owned liability, contingent liability, risk excess, banks and finance houses. We have various facilities to accept business. The majority of risks emanate from North America with a growing portfolio in the Far East through our Singapore office. Andrew Metcalfe T: +44 (0) andrew.metcalfe@amlin.co.uk Robert Lilley T: +44 (0) robert.lilley@amlin.co.uk Brian Wheeler T: +44 (0) brian.wheeler@amlin.co.uk Anna Dedman T: +44 (0) anna.dedman@amlin.co.uk

20 Property & Casualty Mark Clements Head of Property & Casualty T: +44 (0) Paul Western Deputy Head of Property & Casualty T: +44 (0)

21 Accident & Health Amlin underwrites a broad international accident and health book, both on an insurance and reinsurance basis. Classes include personal accident on a group or individual basis and primary and excess medical expenses. The personal accident account consists of direct business, written both on a facultative and delegated authority basis, and a treaty account, written on a pro-rata and an excess of loss basis. Casualty (International) Amlin entered the international casualty market in July 2012, writing business on an insurance and reinsurance basis. The main lines of business written are municipal, utilities, transportation, mining, construction (both annual and project specific), onshore oil and gas across Canada, Australia, Europe and Rest of World. We are keen to lead business. Mark Clements T: +44 (0) mark.clements@amlin.co.uk Martin Boreham T: +44 (0) martin.boreham@amlin.co.uk

22 Casualty (US) Amlin is a leading provider of a broad range of Casualty business on both an insurance and reinsurance basis. The main lines of business written are medical malpractice for physicians, healthcare facilities and ancillary healthcare providers, general liability, workers compensation, employment practices liability, professional indemnity and automobile liability business. We are particularly keen to work with Risk Retention Groups and mutual insurance companies. Commercial Property Amlin underwrites a diverse worldwide property account covering a broad range of business classes from municipalities and offices, through to heavier manufacturing occupancies. The account provides all risk coverage, including fire and allied perils, earthquake, wind and flood in higher hazard areas and is written primary, excess of loss or on a full value basis. We aim to provide consistent capacity and be flexible to the diverse needs of our commercial property clients. Paul Western T: +44 (0) p.western@amlin.co.uk John Brown T: +44 (0) john.brown@amlin.co.uk

23 Onshore Energy & Industry This account comprises oil, gas, chemical and petrochemical risks, utilities, mines, mineral and metal producers, and heavy industry. Territorial limits are worldwide and insureds total values range from tens of millions to tens of billions of dollars. Capacity is available on primary, working excess or high excess layers or on a full value basis. Professional Lines Amlin is increasing its focus on developing the opportunities for globally domiciled large client Professional Liability insurance. We focus on primary and low excess layers for Architects, Consultants, Engineers, Lawyers and other miscellaneous professions. Our new and highly experienced team is developing a well spread, geographically diverse global book. Keith Milbank T: +44 (0) keith.milbank@amlin.co.uk Lloyd Fielder T: +44 (0) lloyd.fielder@amlin.co.uk

24 Property Binders We are a market leader in this class, specialising in North American business. We concentrate on developing long-term relationships and have worked with many agents over decades and through various market cycles. We pride ourselves on our service, our willingness to look at opportunities and our pragmatic approach to risk assessment. We have the capacity to take on new coverholders provided these do not overlap the interests of our existing clients. Small Property Business/ Facilities This account includes worldwide open market, lineslips, facultative reinsurance and worldwide (ex USA) full binding authorities. With total insured values under $50 million, the business is predominantly written on a full value basis, but includes primary and excess layers for a wide variety of occupations. Alistair Maurice T: +44 (0) alistair.maurice@amlin.co.uk Simon Jefferys T: +44 (0) simon.jefferys@amlin.co.uk

25 Transportation Amlin is a recognised leader of Fire Theft and Collision (FTC) business in the Lloyd s market. We have been underwriting this class for over 40 years and provide international cover for all types of motor business. Our focus is on Truck Physical Damage, Dealers Open Lot/Garage Keeper Legal Liability, Motor Truck Cargo, Logging and Construction business. We are also a leading provider of niche International Motor Comprehensive business. Graham Desborough T: +44 (0) graham.desborough@amlin.co.uk

26 Reinsurance Kevin Allchorne Head of Reinsurance T: +44 (0) Dominic Peters Deputy Head of Reinsurance T: +44 (0)

27 Aviation Excess of Loss and Satellite Amlin provides aviation and satellite excess of loss (XL) business at all levels across the market. We have been increasing our focus on this class and will consider all areas, including General protections, specifics, GA, hull war, terrorism and retrocessional business. We also write a well established satellite account on both an insurance and reinsurance basis, sourced through specialist consortia, binding authorities and in the open market. International Catastrophe and Risk Excess of Loss This account comprises a diversified territorial spread of exposures, being dominated by insurers in the UK, Japan, Western Europe, Asia, Australia/New Zealand and Caribbean. The preference is for single territory covers of homogenous portfolios, particularly homeowners, although commercial business and multi-territory accounts are written subject to satisfactory terms. Any multinational companies written often have coverage limited to a narrower geographic band or to specific perils. James Greenhalgh T: +44 (0) james.greenhalgh@amlin.co.uk Dominic Peters T: +44 (0) dominic.peters@amlin.co.uk

28 Marine Excess of Loss Proportional Reinsurance Amlin is a leading provider of marine excess of loss (XL) business within the Lloyd s Market. The account is divided between foreign market excess of loss and London market excess of loss including retrocessional business. We write a diverse marine XL portfolio which includes hull, cargo, energy and war. Amlin is a recognised leader within Lloyd s of long-term proportional property reinsurance coverage. The main focus of the account is on full value and niche insurers operating within defined geographical areas. Submissions are considered from all areas of the world, and we work in conjunction with our risk and catastrophe excess of loss teams to provide capacity on both an occurrence and event basis. Sean Kelly T: +44 (0) sean.kelly@amlin.co.uk Dominic Stoffel T: +44 (0) dominic.stoffel@amlin.co.uk

29 US Catastrophe and Risk Excess of Loss Amlin has been writing US treaty reinsurance for over fifty years and, in 2011, led approximately 58% of the business written. The account is technically driven, using our in-house exposure rating tools, catastrophe modelling software and experience rating in order to provide our clients with a secure and consistent approach. Catastrophe portfolio: is centred on regional business (including regional companies), single territory companies and small to medium sized enterprises. However, we also cover some multinational businesses on a per peril or per territory basis. Risk excess portfolio: is geared towards regional and multinational, standard lines commercial and industrial carriers. We will also consider excess property, surplus lines and facultative reinsurance. Robin Etheridge T: +44 (0) robin.etheridge@amlin.co.uk

30 Amlin London Contact Richard Ohlson Head of Broker Relations T: +44 (0) Richard joined Amlin after many years as a broker with both small and large firms, primarily in London. He will be happy to facilitate your business enquiries, particularly if the enquiry relates to a class of insurance that is not readily identifiable from this brochure.

31 Copyright Jan 2013: This brochure is not, and is not intended to be construed as, an offering of Amlin securities in the United States or in any other jurisdictions where such offers may be unlawful. The services and products mentioned in this brochure may not be available in the United States or in jurisdictions where Lloyd s does not have a trading license. Potential (re)insurers should consult with an appropriately licensed broker in their area for further information. Amlin Underwriting Limited is authorised and regulated by the UK Financial Services Authority.

32 Amlin plc St. Helen s, 1 Undershaft London EC3A 8ND Tel +44 (0)