Property

Information page

Overview

What we do

Fenchurch staff have many years of experience with property insurance in North America, placing some significant accounts into the Lloyds and London market. We pride ourselves in understanding clients needs and placement structure. Business coming to our market is mainly surplus lines in nature with a bias towards natural catastrophe exposures, high loss frequency, or those with a high concentration of fire exposure. The advantage of London is that we can syndicate risks to make them more writeable and provide solutions to less desirable accounts.

Types of Policies

Risk transfer

Primary All Risks including / excluding Flood and Earthquake
Excess All Risks including / excluding Flood and Earthquake
Primary placements sitting over an "off shore" captive fund
Stand alone Flood and/or Earthquake
Wind, Flood or Earthquake deductible Buy Down's
2nd aggregate reinstatement cover, following a loss
Difference in conditions / difference of limits
Unique bespoke situations - mixing perils with interests, to provide a client solution

Limits Available

Capacity

On a primary basis we have access to USD100,000,000 of limits
On an excess basis we have access to USD500,000,000 of limits

How we place it

Types

Open market
Binding Authority
Fac reinsurance
Treaty Reinsurance

Minimum Premium USD ./ CAD / EURO 500,000 - Property

Minimum Premium USD ./ CAD / EURO 250,000 DIC / Single Perils / wind buy backs.

Industries

Business types

Agriculture / Grain / Poultry
Electronics
Entertainment
Healthcare
Hotels / Hospitality
Infrastructure - Roads, bridges and tunnels
Manufacturing Plants
Mining
Municipalities
Power Generation
Real estate - commercial
Retail
Steel
Utilities

Examples

Real risks

Primary USD15m limit on a Casino on the Gulf of Mexico
Windstorm Deductible buy back on a hotel schedule in the Caribbean
Plastics manufacturer with a couple of significant losses
DIC carve out of several locations of a National movie chain
Large national hotel programme
Large retail chain with two Distribution Centers
Small remote resort hotel with Brush fire exposure in California

Fenchurch Broking Limited (FCA No.938305) is an appointed representative of Bennett Gould & Partners Limited which is authorised and regulated by the Financial Conduct Authority (FCA No.306850).