Narrative: We have been working with a London underwriter who has a unique facility for Waste Management property risks on a broad range of re-cycling business on a Worldwide basis and is a specialist in this class.
Preferred classes: · Construction & Demolition Waste · Plastics, Paper, Card · Commercial and Industrial Waste · Household waste recyclers · Scrap metal/End of live vehicles
Lack of appetite: · Battery Recyclers
Examples of recent business we have quoted / bound: -
· Aluminium Recycler total values USD40m
· Metal recycler total values USD19m
· Municipal waste recycler total vales USD 28.5m
· Plastics recycler total values USD45m
Values size:- Ideal value size is anything over USD 10m, and are having most success with those risks with values in excess of USD 10m at any one location which are too big for the local market to take 100%. Capacity: Primary: Limits up to USD 15m available at any one location Deductible: Minimum deductible USD 100,000 Each and every occurrence When to send: If you have less than 3 markets locally who are willing to quote, then please send the risk to us. If you have several local markets responding and quoting, then it is probably better suited to your local market.
What to send:
As much information as possible about the risk,
· Statement of values
· 5-10 year loss history
· Placement basis and requirements
· Expiring Policy
· Inspection reports and/or photos
Turnaround:
We can normally give a good idea if we can assist within a couple of working days.
What’s the minimum premium and deductible: USD 100,000 Min Premium
USD 100,000 min deductible
Contact:- Richard Daniel Email: Richard.daniel@fenchurchbroking.com
Phone: +44 204 526 5269
David Price
Email: David.price@fenchurchbroking.com
Phone: +44 204 534 3751
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