SINGAPORE. aspen-insurance.com

Transcription

1 SINGAPORE aspen-insurance.com

2 ASPEN GROUP Founded in 2002, and listed on the New York Stock Exchange in 2003, Aspen is a leading provider of insurance and reinsurance to clients. We operate through whollyowned subsidiaries and offices in Bermuda, France, Germany, Ireland, Singapore, Switzerland, the United Kingdom and the United States. Aspen is diversified, well-capitalised and strongly rated. We provide our clients with significant risk capacity, and consistently demonstrate innovation and excellence in our approach to underwriting. ASPEN INSURANCE Our insurance business comprises property, casualty, marine, energy and transportation, and financial & professional lines. At our London base, Aspen Insurance is a significant writer of traditional property and casualty lines, and a leading specialist in energy, marine, aviation, financial & professional lines, specie, credit and political risks, kidnap ransom and piracy cover, and excess casualty. Our London Market and UK domestic insurance business, along with risks in Ireland and Switzerland, is underwritten on Aspen Insurance UK Limited and Lloyd s of London paper, the latter through our Lloyd s Syndicate FINANCIAL STRENGTH The ratings stated below are independent opinions of Lloyd s financial strength and ability to meet its ongoing insurance policy and contract obligations: A.M. Best Fitch A AA- Standard & Poor s A+ ACCIDENT & HEALTH We differentiate ourselves by focussing on niche business and relationships. Offering expertise, a flexible approach and a truly global reach and our reputation is earned by offering unparalleled service capability and providing swift and helpful responses to requests and submissions. We are specialist reinsurers and we provide protection for a wide range of reinsurance clients, both large and small, on an excess of loss and proportional basis ENERGY & CONSTRUCTION Aspen is a key provider of comprehensive insurance products coverage for energy, heavy industries and construction all risk material damage including machinery breakdown and natural peril coverage, plus business interruption or delay in start-up. Our market appetite is: power generation, construction, oil & gas and heavy industries. These groups include, but are not limited to refining, chemical, gas processing, terminals, pipeline, petro chemicals, pharmaceuticals, exploration-production onshore, liquefied natural gas (LNG), power generation, renewal energy, aluminium, steel, cement, mining, pulp and paper, construction all risks (CAR), erection all risks (EAR) and civil construction. FINANCIAL & CORPORATE RISKS We offer bespoke products backed by an unparalleled level of expertise and service that leads to our clients treating us as close partners. Our appetite is broad, both in terms of industry sector and territory. Financial Institutions We provide a comprehensive range of specialist Financial Institutions (FI) insurance products for companies around the world. Whatever the size or needs of the client, our highly experienced team provide a high level of service, offering a broad range of flexible cover. Management Liability We offer our commercial clients bespoke products across the breadth and depth of the Management Liability (ML) market, giving them and their directors and officers tailored and up-to-date protection from losses arising as a result of personal or criminal liability.

3 MARINE CARGO Our Marine Cargo business is being built based on long standing relationships between our Underwriting team, brokers and cargo owners. We offer the highest level of professionalism and expertise which has been built up over many years of providing flexible products and excellent service. We insure a wide spectrum of Cargo risks, ranging from conventional cargoes all the way through to the more complex Project cargo risks including DSU. Our preferred risk types include; Logistic companies, break bulk, bulk commodities, Hazmat Cargo, Manufacturing and General containerized freight. For Project Cargo; Owner or contractor controlled, Renewables, Power generation, Oil and Gas including petrochemicals, Mining, & Pharmaceutical plants, our proposition also includes coverage for infrastructure projects such as bridges, rail, tunnels and port expansion. Our Marine business is truly Global. Wherever our clients are based, they benefit from the high level of service from our teams and our products which are tailored around their specific needs. Strong relationships, are at the centre of what we do and we provide the consistent, competitive products that keep those relationships close and productive. MARINE HULL Our marine hull insurance business is based on long-standing relationships between our underwriting team, brokers and shipowners. We offer the highest levels of professionalism and expertise built up over many years of providing flexible products and excellent service. We insure a variety of vessel types including ocean-going cargo vessels, such as bulk carriers, container vessels and tankers, as well as more specialized tonnage, such as hovercraft, yachts, tugs and barges. Our marine business is truly worldwide. Wherever our clients are based, they benefit from the same high level of service from our teams and from products built around their specific needs. Strong relationships are at the centre of what we do, and we provide the consistent, competitive products that keep those relationships close and productive. PIRACY Piracy is an ever-changing risk which grows, moves and adapts around the world as criminal gangs exploit opportunities wherever they appear. We offer cover for transits through the Indian Ocean, Gulf of Aden and in the Gulf of Guinea or on a worldwide basis allowing our clients to get the protection they need whilst avoiding unnecessary insurance costs. Our preferred security partners are specialists in managing piracy, hijacking and kidnap and ransom events. Should the unfortunate occur, they are able to deploy experienced response consultants to our clients wherever they are in the world and advise on all aspects of any negotiation to help bring your crew, vessel and cargo home safely. PROFESSIONAL INDEMNITY Our Professional Indemnity team offers insurance solutions on both a primary and excess layer basis for most types of commercial Professional Indemnity. We work with broker partners to insure medium to large sized firms and partnerships across the spectrum of professional services. Central to this is our understanding of each client s unique business environment and insurance requirements our aim is not only to provide professional indemnity but also to add value through innovative and tailored solutions. TECHNOLOGY LIABILITY & DATA PROTECTION INDEMNITY Technology Liability provides coverage for technology, media and telecom firms (TMT). Our Technology Liability policy provides these companies with insurance protection for damages and legal defence expenses associated with; financial loss claims from third parties, intellectual property breaches by the insured and claims against the policyholder for defamation. We also provide a Data Protection Indemnity (DPI) product, which can be offered either on a stand alone basis or as a combined policy with our Technology Liability policy. DPI provides insurance against costs and liabilities that may arise when a company breaches its data protection obligations.

4 TERRORISM & POLITICAL VIOLENCE Political violence poses a severe and unpredictable risk to an organization s assets, people and its ability to trade. Aspen offers comprehensive coverage for terrorism and political violence perils which standard property and liability insurers exclude. We protect a range of clients across the globe with a particular appetite for assureds with exposure in emerging markets. Client and broker service are at the heart of our values and the team prides itself on its market leading response times. We understand that demand for coverage in an increasing uncertain world can require policies to be bound on the same day as submission. Aspen also ensures that any losses are handled rapidly and proactively, thereby minimising the impact for our clients. UPSTREAM ENERGY We offer bespoke insurance products and the highest levels of service across the upstream and midstream sectors of the oil and gas industry. This service is focussed on creating relationships that provide mutual benefits for the long term. Our clients include drilling and service contractors, independents and multinational oil and gas companies. The operations we cover include exploration, production, development, and processing and transportation, both on and offshore. In every area and with every client we apply the same flexible, individual approach that allows us to create products to fit their particular requirements, backed up by the highest level of expertise and great service. MEET THE TEAM UNDERWRITING Yann Marmonier Principal Officer & Managing Director T E yann.marmonier@aspen-insurance.com Paul Hackett Head of Marine T E paul.hackett@aspen-insurance.com Martin Phelan Head of Credit & Political Risk T E martin.phelan@aspen-insurance.com Justin Yeo Head of Accident & Health T E justin.yeo@aspen-insurance.com Olga Wong Senior Underwriter FINPRO T E olga.wong@aspen-insurance.com CLAIMS MARINE CLAIMS Silvana Milton Deputy Head of MEA T +44 (0) E silvana.milton@aspen-insurance.com ENERGY CLAIMS Myles Sunley Senior Claims Adjuster Energy T +44 (0) E myles.sunley@aspen-insurance.com FINPRO CLAIMS Elizabeth O Connell Head of FinPro Claims T +44 (0) E elizabeth.o connell@aspen-insurance.com Kwek Ai Hoon Senior Underwriter Marine Cargo T E aihoon.kwek@aspen-insurance.com Rory Kane Energy Underwriter T E rory.kane@aspen-insurance.com

5 CONTACT US Aspen Singapore PTE Ltd. CapitaGreen, 138 Market Street Level 4 Singapore E SingaporeEnquiries@aspen-insurance.com aspen-insurance.com