Spotlight on Casualty

Narrative: London has two distinct General Liability markets, being Lloyds and the London Company market including AIG. They will consider: a) Primary b) Excess / Umbrella. Both follow the same narrative – capacity driven risks with a unique characteristic such as a new industry, difficult/high risk occupancy, or an interesting situation or event. All of which are prone to severity rather than high loss frequency. We can also access Bermuda and European markets.

Preferred classes: Life sciences / Medical · Energy · Rail and Mining · Transportation – excess basis · Construction and Chemicals · Healthcare · Utilities · General Industry (Commercial and consumer products)

Lack of appetite: · Sport Associations · Residential · New York Construction · Social Media companies · Pesticides · Firearms (Primary) · Baby food (Primary) · Tires (Primary)

Examples of recent business we have quoted / bound: - · Excess capacity on a high-profile security company due to an increase in contractual limit requirement · Primary capacity for a new process of cleaning water used in the fracking process · Excess Auto capacity for trucking risks · Engineering contractor for wildfire (Primary) · Electric bicycle distributor (Primary) · Fitness equipment distributor (1st Excess) Revenue:- Ideal revenue size is anything over USD 50m, the risks we are having most success on are those with revenues in excess of USD 100m. Capacity: Primary: Limits up to USD 10m available Excess: London probably has capacity up to USD100m depending on the risk, we then have Bermuda and some European markets as well. When to send If you have less than 3 markets locally who are willing to quote, then that’s the time to send the risk to us. If you have several local markets responding and quoting then this is better suited to the local market, as we are unlikely to compete on price.

What to send As much information as possible about the risk, specs, 5-10 year loss history, revenues, placement format and underwriting information. If excess, then details of the underlying placements.

Turnaround We can normally give a good idea if we can assist within a couple of working days.

What’s the minimum premium USD / CAD 150,000 Contact:- David Price Email: David.price@fenchurchbroking.com Phone: +44 204 534 3751 Richard Daniel Email: Richard.daniel@fenchurcbroking.com

Phone: +44 204 526 5269