Lloyd s Middle East Meet the Market

Transcription

1 Lloyd s Middle East Meet the Market 21 November 2017 Boxholders The pioneer of the Insurance industry in Kingdom of Saudi Arabia, ACE, has earned the loyalty of its clients and the respect of its peers by continuously delivering on its promises. Capitalizing on the success & strength of 65 years of service, ACE today, is a leading insurance & reinsurance broking organization in the GCC. Backed by the commitment of 220 experienced professionals to excellence and innovation. ACE provides tailor-made solutions and comprehensive claims & risk management services to clients locally through 16 offices in 8 different countries. Insurance & Reinsurance -All Lines Simon Fisher - sfisher@ace-ins.com Roy Boytagy - rboutagy@ace-ins.com Elie Abboud - eabboud@acebrokers.com.sa Elias El Khoury - eelkhoury@ace-ins.com Advent is a specialty insurance and reinsurance underwriting business and is a wholly owned subsidiary of Fairfax Financial Holdings Limited. Advent underwrites via Syndicate 780 and is one of the longest established businesses in Lloyd's, providing best in class service and solutions to our clients. We deliver client-led solutions which generate revenue enhancements and account development opportunities for brokers and coverholders. Our claims team operate a service that is consistently above the Lloyd's market benchmark for response (Lloyd's external measures) and our insurance partners benefit from our superior breadth of services across all the disciplines that support our underwriting delivery. Affinity, A&H and Political Violence Federica Aversa - federica.aversa@adventgroup.co.uk Page 1 of 1

2 Antarah Limited acts as a specialist Managing General Agency and a Lloyd's of London Coverholder dealing with reinsurance within the MENA and Asia Pac region with an office based out of the DIFC and regulated by the DFSA. Antarah writes reinsurance business in the region on behalf of Lloyd's syndicates and "A" rated carriers alike. Underwriting based on a bespoke set of flexible underwriting tools developed with the collated intellectual property of the management team centric around the regions needs both in terms of professional contractual products and our clients need to be competitive in the market place. The team's expert knowledge of the products in the region and rated capacity providers will allow the team not only to be competitive and effective, but add value to our clients and the market place. Professional Indemnity, Single Project Professional Indemnity, D&O, Public - Product - Offshore Liability, Terrorism, SRCC, PV, and other lines James Hanney - james.hanney@antarah.ae ArgoGlobal Underwriting (Dubai) Limited is a wholly owned subsidiary of Argo Managing Agency Limited and provides access to products underwritten by ArgoGlobal Syndicate 1200 at Lloyd's of London and Argo Re, Bermuda. The company was registered with the Dubai International Finance Centre in September 2011 and is regulated by the Dubai Financial Services Authority. We serve the Middle East and North Africa (MENA) region, underwriting specialised coverages. In addition we provide access to numerous other lines of business via a Lloyd's Coverholder Agreement. ArgoGlobal Underwriting (Dubai) Limited is a wholly owned subsidiary of Argo Managing Agency Ltd, part of Argo Group, which is headquartered in Bermuda. Argo Group is an international underwriter of specialist insurance and reinsurance products and is listed on the NASDAQ. Casualty, Professional Indemnity, Financial lines, Marine Hull and Machinery, Specialty Berlida Guiao - berlida.guiao@argo-global.com Arma Underwriting Limited is a specialist multi-line underwriting agency delivering solutions to the Middle East, Africa and Asia markets. We are an approved Lloyd's of London Coverholder backed by a number of leading syndicates. Using pricing analytics and a collaborative underwriting approach, our technical capabilities enable us to develop tailored portfolio solutions for regional insurers and brokers, in addition to supporting traditional facultative placements. Our talented underwriters are empowered with full delegated underwriting authority, allowing us to respond quickly in setting up new schemes or products. Arma has offices in London and Dubai (DIFC) and is regulated by the Dubai Financial Services Authority (DFSA). Property; Liabilities; Energy, Motor, PA Hajar Fadel- hajar.fadel@armauw.com Page 2 of 2

3 Aspen Re Aspen Re is a diversified, well-capitalized and strongly rated company that provides carefully tailored underwriting solutions in select markets where we can add a high level of value. Our progress is built on our ability to identify and respond swiftly to emerging opportunities and to operate across a wide range of countries and specialist business lines. Aspen Re is founded on a thorough understanding of client needs, as well as exceptional expertise in assessing and managing risk. We focus on building long-term relationships with clients who have track records for sound underwriting, along with exposures that make risk transfer a vital aspect of their business needs. Aspen Re trades via a branch of our wholly owned service company, Aspen UK Syndicate Services Limited (AUKSSL), which is authorized by the DFSA to underwrite a wide range of reinsurance solutions. Our Dubai branch can offer both our insurance company capacity as well as that of our syndicate 4711 of Lloyd s. Line of business: Property Treaty, Casualty Treaty, Marine Treaty Abdallah Balbeisi Abdallah.babeisi@aspen-re.com The Chartered Insurance Institute is a professional body dedicated to building public trust in the insurance and financial planning professions. Our 125,000 members commit to high professional standards and we work with businesses to develop bespoke, company-wide solutions that ensure competitive advantage by enhancing employees' technical and professional competence. Success in CII qualifications is universally recognised as evidence of knowledge and understanding. Individually, our members are able to drive their personal development and maintain their professional standing through an unrivalled range of learning services and by adhering to the CII Code of Ethics. Professional body Ayes Amewudah - ayes.amewudah@cii.co.uk Chaucer: We are a leading specialty insurance group providing clients with proven smart risk solutions for underwriting and claims. Our enterprising and trusted experts offer market-leading cross class capabilities, empowered decisionmaking and a tailored approach. With our headquarters in London, and our international hubs for Europe, Latin America and Asia, we protect clients in over 200 countries and territories worldwide. We have an industry renowned claims team whose service is recognised as outstanding in the London market by Gracechurch, an independent insurance research company. Our clients also benefit from our membership of the Hanover Insurance Group, Inc., based in Worcester Massachusetts, one of the largest insurance businesses in the United States. For more than 160 years, The Hanover has provided a wide range of property and casualty products and services to individuals, families, and businesses. The Hanover maintains excellent ratings from A.M. Best, Standard & Poor's and Moody's. Political Risk, Political Violence, Marine, Marine PI, International Property Fac, Casualty, Treaty Greer Stead- greer.stead@chaucerplc.com Page 3 of 3

4 Since its inception 19 years ago, Chedid Re has grown from a humble office in Cyprus, to a reinsurance broking power house that ranks 1st in the MENA region and one of top 20 reinsurance brokers in the world with business emanating from more than 45 countries across Europe, the Middle East and Africa. Through its offices in Limassol, Beirut, London, Casablanca, Riyadh and Dubai, the iconic insurance solutions provider has forged fruitful partnerships with some of the most trusted reinsurance groups in the world; including Chedid Re's outstanding track record as an appointed Lloyd's broker. A company of Chedid Capital Holding, which operates through a vast network of offices that span Beirut, Dubai, London, Cyprus, Istanbul, Doha, Mauritius Islands, Morocco and KSA, Chedid Re capitalizes on its resources, experience and relationships to produce above-average returns for its shareholders and deliver outstanding results to clients, including more than 400 top insurance companies in the world. Facultative and treaty i.e. Marine, Jewellery Block, Casualty, Financial lines, Property, Political Violence and Risks, Engineering, life, PA, Energy, Medical, Motor, High Value Vehicle. Catherine Zrour- czrour@chedidre.com Control Risks is an independent specialist risk consultancy. We help some of the most influential organisations in the world to understand and manage the risks and opportunities of operating in complex, uncertain or unfamiliar circumstances. Risk Consulting Claire Peddle- claire.peddle@controlrisks.com CSP is a UK based Lloyd's Insurance and Reinsurance provider and operates in three distinctive areas:- 1. Underwriting MGU s and delegated Binding Authorities, 2. Brokerage and 3. Management Services The group is ranked within the top 25 Lloyd's brokers and trades globally with both clients and markets and employs over 350 people We operate a number of in-house Lloyd s Binding Authorities to help provide quick quotation in a variety of classes We help establish new and manage existing Lloyd s Coverholders in all classes. To achieve this we operate a dedicated Binding Authority division. We welcome new opportunities to work on a conventional Reinsurance or Takaful basis. Lines of Business Classes of Business Sports, Travel, Leisure and Entertainment Industries with focuses in Employee Benefits, Personal Accident, Health, Life, Post Conflict Environment s, Travel, Gadget, War, Terrorism, Political Violence, Kidnap & Ransom, Credit Card, Motorsports, HNW, Aviation, Medical Malpractice, Cyber, E&O, D&O, Crime, Specie, Property, Liability, Affinity, Association and multiclass programs all deliverable as Facultative or Treaty Reinsurance. David Stirling - david.stirling@cspinsurance.com Page 4 of 4

5 elseco was established in 2006 as a risk management and insurance underwriting specialist for the space, energy and aviation sectors. Today, elseco provides a world class fin-tech platform supported by nearly 70 top insurance companies, including Lloyd's syndicates and we underwrite for the space, energy and aviation sectors. Our head office is in Dubai at the DIFC, with additional offices in London, Paris and Washington DC. Space, Aviation, Energy Lucy Gilchrist- lucy.gilchrist@else.co Emerging Young Insurance Professionals (EYIP) Emerging Young Insurance Professionals (EYIP) platform was created for the insurance professionals in the UAE in conjunction with the IBG Group. The EYIP enables its members and the overall insurance community to engage, network, innovate, knowledge-share, create future leadership along with enhanced participation from all communities. EYIP also promotes Emirati participation and mentoring within the insurance industry. EYIP is a non-profit platform supported by the IBG and Dubai Chamber of Commerce & Industry. Non-Profit s Munish Mehta - munish@eyipuae.com Deepak Varghese - Deepak.Varghese@ae.rsagroup.com Gagandeep Gill - Gill@alfuttaim.com Ali Lutfi - aliflutfi@gmail.com GR Risk Partners established in 2011 is regulated by DFSA. We are located Liberty House (DIFC). Over the last 6 years GR Risk Partners has established itself as a key underwriting agency for providing solution's in Commercial Crime, Banker's Blanket Bond, Professional Indemnity (Financial Institutions, Miscellaneous, Commercial), Cyber Risks. In additions to casualty classes of business. We also provide high end Medical Insurance especially groups and individuals looking for elective treatment in US and Europe. Financial Lines / PI / D&O / Cyber / CGL / Employee Benefits Sufian Alavi - Sufian.alavi@grriskpartners.com Page 5 of 5

6 Liberty Specialty Markets is part of Liberty Mutual Insurance Group, a diversified global insurer, founded in 1912 and headquartered in Boston, Massachusetts. A US Fortune 100 company, Liberty has the strength and stability as a leading US corporation. Liberty operates around the globe offering a wide range of insurance products and services, with more than 50,000 employees and over 800 offices worldwide. Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US and other international locations. We have approximately 1,000 employees in 22 offices around the world. Liberty Specialty Markets was established in September 2013 bringing together Liberty s company, syndicate and reinsurance operations into one combined operation, composed of three business units: Commercial, Specialty and Reinsurance. This integrated approach means brokers and clients can benefit from our global reach and operating efficiencies. Terrorism and Political Violence / Property / Contingency Liability / Financial Lines / Professional Indemnity / Construction Risks / General Liabilities / Energy Elie Bouchaaya - elie.bouchaaya@libertyglobalgroup.com Lockton has grown to be the largest privately held insurance broker and risk management consultant in the world. We have achieved this success by building our resources around client needs. Lockton MENA proudly commenced operation in DIFC in 2009 and has since embarked on a regional expansion, opening offices in Abu Dhabi, Jordan, Pakistan, Egypt and Morocco. We offer our clients a wide range of risk management, insurance and reinsurance solutions across 125 countries. Reinsurance, Energy, Political Violence, Construction, Property, Casualty, Liability, Trade Credit, Financial Lines, Treaty Lena Elfallah - lena.elfallah@mena.lockton.com Launched in 2016, Malakite Underwriting Partners Ltd ('Malakite') is a multi-line, Middle East and Africa-focused, specialty insurance underwriting company, delivering innovative solutions for the Energy, Marine and Property Terrorism sectors. We provide brokers and cedants with locally-relevant specialty capacity, products and service from our Dubai office. Our approach is built around long-standing personal business relationships, deep market experience and entrepreneurship. Malakite enjoys full operational support from our parent company, the global specialty insurer, StarStone. Combined with Lloyd's security, Malakite is a nimble, flexible and opportunistic underwriting company that seeks to offer unrivalled service and insight. Malakite is a Lloyd's Cover Holder backed by Lloyd's syndicates and is regulated by the Dubai Financial Services Authority. Energy, Marine, Terrorism Giles Hussey - giles@malakiteuw.com Page 6 of 6

7 Markel International is a subsidiary of Markel Corporation, a US-based diverse financial holding company that trades on the New York Stock Exchange. The Group looks after the commercial insurance needs of major global corporations as well as SMEs, professionals and sole traders. Markel International (Dubai) Limited is regulated by the DFSA and is authorized to write business on behalf of Markel International Insurance Company Limited (MIICL) and Markel Syndicate 3000 within the DIFC and throughout the Middle East. MIICL is licensed in all EU and numerous other overseas territories, while Markel Syndicate 3000 benefits from Lloyd's global licenses and can write insurance and reinsurance products worldwide across a number of specialist divisions. Trade Credit, Political Risks, Surety, Marine and D&O Leroy Almeida- leroy.almeida@markelintl.com MS Amlin provides clients worldwide with Reinsurance, Property & Casualty and Marine & Aviation coverage. With over a hundred years' experience in the insurance markets, our track record is built on a proven strategy; encouraging our teams to apply MS Amlin's successful underwriting formula, incorporating a dynamic approach to risk, all the while developing a geographically diverse global portfolio. With MS Amlin's strong financial security ratings combined with experienced underwriting personnel, we aim to establish an in-depth understanding of our clients' needs. Our focus on continuity underpins our commitment to developing strong and long-standing relationships with clients. Risks are underwritten on behalf of Amlin's Lloyd's Syndicate 2001 and other syndicates at Lloyd's. M&A Elspeth Campbell- elspeth.campbell@msamlin.com Page 7 of 7

8 Munich Re Syndicate 457 at Lloyd s (formerly Watkins Syndicate) is primarily a dedicated specialist syndicate founded on the best Lloyd s traditions of innovation and adaptability. The Munich Re Syndicate is committed to providing bespoke insurance solutions in a dynamic and ever-changing marketplace. In the Middle East, Munich Re Syndicate 457 operates as Munich Re Syndicate Middle East Limited. As a wholly owned subsidiary of Munich Re, the world s leading reinsurance company, the syndicate can offer clients top quality insurance products, fully aligned to unparalleled security. Munich Re Syndicate Middle East Limited has been trading in the Middle East, Africa and the Indian subcontinent since 2006 and is committed to providing high quality service to its customers, combining the risk experience of its Lloyd s operation with dedicated local resources Offshore Energy (Exploration & Production), Offshore Construction, Marine Cargo, Project Cargo, Hull and Machine, Yacht Insurance, Builders Risk, Marine and Transport Liabilities, Ports and Terminals, Marine Trade, Marine War and Aviation War, Specie (Fine Art, Jeweler s Block, Vault Risks & Cash in Transit), Subsea Equipment, Non Marine & Specialty Lines, Personal Accident, Political Violence and Terrorism, Contingency, War on Land, Cyber Insurance Patrick Fernandes PFernandes@munichre.com Ben Brough - BBrough@munichre.com Filippo Vailati FVailati@munichre.com SeethaRaman - LSeetharaman@munichre.com Navigators is an international specialty insurer and reinsurer focused on providing the risk solutions and insurance coverage needs of businesses in industries for which the quality of our experience and technical resources, across both underwriting and claims, provides a meaningful competitive advantage. We maintain a disciplined, conservative balance sheet, emphasise underwriting profit over market share and conduct our business with integrity, professionalism and pride. Political Violence and Terrorism Guy Burrows - gburrows@navg.com Neon is a vibrant global insurer operating in the specialist Lloyd's market, committed to offering innovative risk solutions and proactively creating bespoke coverage for clients. Neon is highly experienced in underwriting a diverse range of property, specialty, casualty and marine risks on a direct and reinsurance basis, as well as through delegated authorities. Financial Lines, M&A, Political Risks Charles Boorman - charles.boorman@neonuw.com Page 8 of 8

9 Probitas 1492 is a Lloyd's underwriting syndicate specialising in property, construction and casualty insurance and reinsurance solutions. Headquartered in London, we write business globally including the UK, Europe, the Middle East and Africa, Asia, Latin America and Canada, with a particular focus on high growth markets. Our vision is to be universally recognised as a high profile, culturally diverse, specialist global insurance business and a standard-bearer for Lloyd's wider geographic growth aspirations. Property, Casualty, Construction, Financial Lines Suzanne Beney - suzanne.beney@probitas1492.com STARR Companies is a global insurance and investment organization providing property and casualty insurance solutions to business and industry. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. With a presence on five continents; through its operating insurance companies, STARR will help you succeed in an everchanging world of risk. Energy, Property, Construction & Aviation Jon Payne- jonathan.payne@starrcompanies.com Talbot Underwriting operates within the Lloyd's Insurance Market through Syndicate With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance and reinsurance specialist. Talbot is a wholly owned subsidiary of Validus Holdings, Ltd. The Group has offices in Bermuda, Boston, Dubai, Dublin, Labuan, London, Miami, New Jersey, Singapore, Santiago, Sydney, Waterloo and Zurich, and is well positioned for international growth and success. Composite Matthew Warren - matthew.warren@talbotuw.com Taylor Francis Qatar are based in England and Wales with a presence in Spain; offering professional advice and expertise Global, Corporate and Commercial Insurance to many industries, specifically Construction and Real Estate via our London Markets. Real Estate Insurance / Credit Insurance / Construction Insurance Guy Johnson - guy.johnson@taylor-francis.co.uk Gary Priest - gary.priest@taylor-francis.co.uk Page 9 of 9

10 Travelers Syndicate 5000 has the unique ability to leverage its parent company's financial size, strength, and capacity. Using established technology platforms, maintaining Travelers' strong underwriting discipline and sharing product expertise gives Travelers Syndicate 5000 a competitive advantage in the marketplace. Our technical writing capability has resulted in Travelers Syndicate 5000 holding a lead position in more than 50% of our existing business. Where appropriate, we have an appetite to lead more business and can offer brokers some of the Lloyd's market's most experienced wording specialists, industry experts and in-house claims professionals. Our approach to business has allowed us to outperform the Lloyd's market average for 16 consecutive quarters meaning that we can provide a stable and sustainable solution for our brokers and customers. Yacht, Cargo, Ports & Terminals, Fine Art & specie, Marine Hull, UK Marine, Marine Energy & Liability, Marine Professional Indemnity, Energy, General Aviation, Aviation Personal Accident & Loss of License, Aerospace, Airline, Power, Utilities & Midstream, Renewable Energy, Property, Construction & Engineering, Terrorism & Political Violence, Personal Accident & Travel, Kidnap & Ransom. Donna Wood - dwood7@travelers.com Trust Insurance Management W.L.L (TIM) provides insurance management services, including the administration and underwriting of contracts of insurance, claims processing and issuing instructions for settlement of claims, credit control and provision of management information. Regulated by the Central Bank of Bahrain, TIM is managed by Trust Re as an MGA. Being a subsidiary of Trust Re, TIM benefits from Trust Re's stance as a leading A- rated reinsurer and its significant underwriting expertise. TIM also benefits from Lloyd's global licenses and can write insurance and reinsurance products worldwide across a number of specialist divisions. Energy, Property, Engineering, Specialty Wayne Murphy - management@trustimco.com Page 10 of 10

11 Visionary Underwriting Agency Ltd. is a Managing General Agency and a member of the Ironshore group. Visionary are incorporated in the DIFC and regulated by the DFSA, joining the Lloyd's Dubai Platform upon creation. In addition to being a Lloyd's Service Company, we are a Lloyd's Coverholder accepting risk via our delegated binding authorities, granted by some of the leading syndicates at Lloyd's. We offer international experience with a regional focus. Political Violence, Casualty, Political Risk & Trade Credit Visionary contact Caroline Hamren - caroline.hamren@visionaryuwr.com Atrium will be joining Visionary as they are working together on their Takaful and Islamic product offering. Atrium is a specialist insurance and reinsurance business, underwriting through Syndicate 609 at Lloyds. Atrium s history dat back to the 1930s and it still enjoys excellent support from Lloyd s Names, who provide 75% of their underwriting capacity. A is rightly proud of a first-class reputation amongst its stakeholders within the insurance market. This is based on unrivalled underwriting and claims expertise, exceptional long-term performance and a 'best in class' managing agency. Atrium underw well-balanced portfolio, covering a wide range of specialist marine, energy, aerospace, non-marine and liability classes. Atrium has significant over 30 years of experience insuring Political Violence perils across the world. Currently, Syndicate 60 maximum line-size of USD50m for this class of business. However, Atrium has recently established its window Syndicate 260 which has been issued a certificate of Sharia compliance. Syndicate 2609 has received approval from Lloyd s to write up to USD100m for Political Violence risks which are Takaful or Retakaful. Political Violence & Terrorism / Islamic Insurance (Takaful) Atrium s Jack Harrison - jack.harrison@atrium-uw.com Fergus Andrew - Fergus.andrew@atrium-uw.com XL Catlin: We're here to help your business move forward. With an incredible blend of people, products, services and technology, we're looking at risk in a new way. From insurance to reinsurance, we can help you find innovative answers for a changing world. Our insurance and reinsurance companies provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises globally. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. Powerful analytics, deeper insights, and market-leading technologies. We at XL Catlin are open to new ideas and ready to take on difficult challenges from the most familiar to the most complex. You need innovative, creative solutions to your risks. We're here to find them. Insurance Hazel Tionghoy-Beso - Hazel.Tionghoy-Beso@xlcatlin.com Page 11 of 11