WINE STOCK THROUGHPUT POLICY Cover for wine exposures

Size: px
Start display at page:

Download "WINE STOCK THROUGHPUT POLICY Cover for wine exposures"

Transcription

1 WINE STOCK THROUGHPUT POLICY Cover for wine exposures

2 WINE STOCK THROUGHPUT POLICY AT JLT, WE BELIEVE IN DOING THINGS DIFFERENTLY. Why? Because in the world of insurance broking, risk management, claims consulting and settlements, the only way we can develop solutions, which really deliver, is to fully understand all of the different challenges our clients face. And we know the answer does exist, no matter how difficult the question is. Our success comes from focusing on sectors where we know we can make the greatest difference. On using insight, intelligence, and imagination to provide expert advice and robust often unique solutions. And on building partner teams to work side-by-side with clients, our network and the market to deliver responses, which are carefully considered from all angles. Because of this approach, our clients trust us. They have total confidence in knowing the vital elements of their operations are covered, enabling their businesses to be even more ambitious and surpass expectations. We place over USD 2.9 billion of premium into the global insurance markets every year, giving us leverage to secure the best deal for our clients. This is not at the expense of the relationships with our markets though, and because of this, insurers are keen to underwrite our risks, develop new products with us and push the boundaries of possibility. We know how we work makes us different. It s quite a claim but we re driven to deliver on it every single day. JLT is one of the world s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. We are specialists. Our deep expertise and entrepreneurial culture give us the insights, creative freedom and tenacity to go beyond the routine and deliver better results for our clients. Because at JLT, clients come first. We are quoted on the London Stock Exchange, have over 10,000 colleagues and own offices in 40 countries and territories. Supported by the JLT International Network, we service clients in 135 countries.

3 Cover for wine exposures WINE STOCK THROUGHPUT POLICY Our wine stock throughput policy provides coverage for wine inventory exposures together with domestic and marine transportation. The aim of this policy is to shift coverage from the insured s property policy into a marine cargo stock throughput policy. This product is specifically designed for vineyard owners, manufacturers, importers, exporters, distributors, wholesalers and retailers. Our cargo team are leaders in the London and International market and provide specialist programme design and transactional services to a broad spectrum of industries around the world by combining in-depth sector expertise with innovative claims solutions. EMERGING TRENDS* 6.8bn 93% 4.1% 137% Canada s wine industry is robust and growing, contributing $6.8 billion to the national economy. In 2014 the US and Asia accounted for more than 93% of Canadian wine export by value. Canadian wine consumption is expected to increase by 4.1 per cent to reach 16.4 litres per adult in Over the next five years, Canada s wine consumption growth rate will be twice that of the rest of the world. Exports of Canadian wine have grown 137% from $27.9mm in 2010 to $66.3mm in 2014.

4 WINE STOCK THROUGHPUT POLICY WHAT IS COVERED? Our wine stock throughput policy provides cover for the insured s import cargo (corks/labels/packaging/bottles/casks), inventory (wine in bottle/case and bulk wine), including raw stock/materials, work in progress, and finished product, as well as outward distribution to anywhere in the world. It is a single policy placed in the London and European marine Providing All Risks coverage, including war risks (whilst Suppliers of raw material (local or international) markets which comprises of waterborne/ airborne), strikes, riots, Lloyd s and certain insurance civil commotions and malicious companies with marine cargo damage risks, terrorism (during the expertise. course of transit) and bespoke cover It provides limits expressed as any one loss, any one location; with a location typically defined as tailored to each individual insured, which may not be covered under the property program, as follows: a building separated by at least 50 feet from the next location enclosing insured inventory. Contamination (the introduction into wines of substances, microorganisms, chemicals, toxic Finished product to market Transp produc Utilizing London and European marine insurance markets, as opposed to the traditional local property market, with capacity available up to USD 1 billion any one loss any one location, on a layered placement basis if required. substances, wastes or waste water in a concentration that makes the wine unfit for sale as intended), infestation and change in temperature is also covered Leakage from tanks or barrels and their component parts Employee Error WINE / GRAPES BOTTLES

5 Cover for wine exposures WINE STOCK THROUGHPUT CONCEPT Transportation of raw material Possible intermediary storage (owned/leased or logistics providers) Raw material into process (including storage, work on process and finished products) ortation of finished t to final destination Warehouse distribution (owned/leased or logistics providers) Transportation of finished products to warehouse CORKS LABELS PACKAGING BARRELS & CASKS

6 WINE STOCK THROUGHPUT POLICY POLICY BENEFITS SIGNIFICANT COST SAVINGS The marine market combine transit and stock which can be more competitive than separate traditional cargo and property placements. CAPACITY FOR CATASTROPHE PERILS Such as windstorm, flood and earthquake shock, where little may be available in the property market. REDUCTIONS IN DEDUCTIBLES Where the property deductible operates on a percentage of values basis, by removing the stock values. POLICY ENHANCEMENT Selling price on finished goods reducing the need for business interruption coverage within the property program. AVERAGE MONTHLY INVENTORY VALUES The marine market will rate on average inventory values exposed rather than maximum values. LIMITS The marine market will offer per conveyance and/ or location and potentially non-aggregated. LOCATIONS Bottling plants, blending buildings, tank storage and barrel/cask houses can be expressly considered as separate locations. PROFIT COMMISSION Insurers will reward vineyard owners for good loss record. BESPOKE WORDING To suit client s specific needs.

7 Cover for wine exposures CLAIMS EXPERIENCE We have dealt with approximately 25 wine claims over the last two years varying from transit losses to inventory. Our experience reaches beyond wine and into all kinds of spirits. We have vast experience in this field and an understanding of our client s needs when it comes to valuation of products that are, for example, in an ageing process. Our claims personnel are always involved in the technical development of a policy during the quote stage to ensure it meets the client s expectations in the event of a claim occurring. CASE STUDY 1 A forklift truck damaged a storage tank and there was a nasty wine spill. Our account managers happened to be in the area at the time and were able to meet with the loss adjuster to discuss the loss and strategize the handling of the claim. On that same day our London colleagues confirmed their appointment with London reinsurers due to the claims control clause and the investigation began within 24 hours of notification. The loss was collected from the market and paid within three months of notification. CASE STUDY 2 During a polar vortex in the USA, a temperature variation loss occurred. The damage varied from no visual damage at all, to popped corks and broken bottles. Working closely with the London insurers and the loss adjuster, the loss was paid within five months. This was a remarkable achievement given the level and breadth of the loss. Many shipments across the US were affected, but thanks to our one event deductible wording, and insurers agreeing that polar vortex was a single event, the claim was paid net of only one deductible.

8 CONTACTS JUSTIN CAMPISI Senior Broker, Global and Risk Management Clients +1 (416) JAY PAYNE Senior Partner, Cargo & North American Property +44 (0) KATHLEEN IGOE Account Handler, Cargo & North American Property +44 (0) Jardine Lloyd Thompson Canada Inc. Suite 800, 55 University Avenue Toronto, Ontario M5J 2H7 Tel +1 (416) Fax +1 (416) JLT Specilaty Limited The St Botolph Building, 138 Houndsditch London EC3A 7AW Tel +44 (0) Fax +44 (0) Jardine Lloyd Thompson Canada Inc is a member of the Jardine Lloyd Thompson Group. Registered Office: The St Botolph Building, 138 Houndsditch, London EC3A 7AW Registered in England No VAT No April 2016 REF *Source: Statistics Canada, CATSNET Analytics, Canadian Vintners Association

Risk Control Services RISK MANAGEMENT SERVICES

Risk Control Services RISK MANAGEMENT SERVICES Risk Control Services RISK MANAGEMENT SERVICES About JLT Canada Jardine Lloyd Thompson Canada Inc. (JLT Canada) is part of the Jardine Lloyd Thompson Group plc (JLT) one of the world s largest providers

More information

JLT Specialty Limited is a member of the Jardine Lloyd Thompson Group of companies. Jardine Lloyd Thompson Group plc is an international group of

JLT Specialty Limited is a member of the Jardine Lloyd Thompson Group of companies. Jardine Lloyd Thompson Group plc is an international group of JLT Specialty Limited is a member of the Jardine Lloyd Thompson Group of companies. Jardine Lloyd Thompson Group plc is an international group of Risk Specialists and Employee Benefits Consultants. Listed

More information

Insurance Options to Protect Against Supply Chain Losses

Insurance Options to Protect Against Supply Chain Losses Insurance Options to Protect Against Supply Chain Losses Tim Garrett, Cargo Underwriter, AF Beazley Syndicate Rupert Sawyer, Divisional Director, RKH Specialty SUPPLY CHAIN INSURANCE PART 1: Physical loss

More information

corporate travel insurance A buyer s guide Keeping your employees protected

corporate travel insurance A buyer s guide Keeping your employees protected corporate travel insurance A buyer s guide Keeping your employees protected A buyer s guide 3 corporate travel in these troubled times, it makes sense to purchase a corporate travel policy for your employees

More information

JLT Mining. Utilising our expert knowledge of the mining industry and through understanding your individual business, JLT Mining can deliver:

JLT Mining. Utilising our expert knowledge of the mining industry and through understanding your individual business, JLT Mining can deliver: Mining Jardine Lloyd Thompson is one of the world s largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT s client proposition is built

More information

Introduction to. Kidnap+ Ransom. Insurance

Introduction to. Kidnap+ Ransom. Insurance Introduction to Kidnap+ Ransom Insurance Introduction Today s world has seen a number of factors combining to shape an ever-changing investment environment - especially in emerging markets. This backdrop

More information

UNDERSTANDING INSURANCE OPTIONS For start-up Hedge Funds. Tailor made advice

UNDERSTANDING INSURANCE OPTIONS For start-up Hedge Funds. Tailor made advice UNDERSTANDING INSURANCE OPTIONS For start-up Hedge Funds Tailor made advice JLT: Understanding insurance options for start-up Hedge Funds INSURANCE DOESN T HAVE TO BE CONFUSING OR TIME CONSUMING As Hedge

More information

JLT Mining. The Canadian economy is, in part, driven by a robust and sophisticated Mining Industry.

JLT Mining. The Canadian economy is, in part, driven by a robust and sophisticated Mining Industry. Mining Jardine Lloyd Thompson (JLT) is an international group of Risk Specialists and Employee Benefits Consultants and one of the largest companies of its type in the world. We offer a distinctive choice

More information

UNDERSTANDING INSURANCE OPTIONS For Early Stage Hedge Funds. Leading by Performance

UNDERSTANDING INSURANCE OPTIONS For Early Stage Hedge Funds. Leading by Performance UNDERSTANDING INSURANCE OPTIONS For Early Stage Hedge Funds Leading by Performance JLT: Understanding insurance options for Early Stage Hedge Funds INSURANCE NEED NOT BE TIME CONSUMING NOR CONFUSING As

More information

THE STOCK THROUGHPUT TRANSIT AND STOCK

THE STOCK THROUGHPUT TRANSIT AND STOCK THE STOCK THROUGHPUT TRANSIT AND STOCK SOLUTION IN A SINGLE POLICY STOCK THROUGHPUT WHAT IS IT? An All Risks Marine Cargo policy, suited to retailers, manufacturers and traders, covering: Inland and international

More information

energy JLT Specialty Limited Demand Different

energy JLT Specialty Limited Demand Different energy JLT Specialty Limited Demand Different JLT Specialty Limited Putting clients first JLT Specialty s Energy Division is recognised as a leading energy broker worldwide. In 2012, JLT Group placed more

More information

Jardine Lloyd Thompson Group plc Interim Management Statement

Jardine Lloyd Thompson Group plc Interim Management Statement To: Business Editor 4th November 2014 For immediate release Jardine Lloyd Thompson Group plc Interim Management Statement The following announcement was issued today by the Company s 42%-owned associate,

More information

Territories Domestic and worldwide

Territories Domestic and worldwide Marine Cargo Globalisation has resulted in a large increase in trade between countries and intercontinental trade requires specific risk management solutions which Liberty Specialty Markets can provide.

More information

A WORLD OF DIFFERENCE. JLT International Network

A WORLD OF DIFFERENCE. JLT International Network A WORLD OF DIFFERENCE JLT International Network JLT International Network A WORLD OF DIFFERENCE The JLT International Network is a client first global insurance broking network, that puts independent advice

More information

Our specialist insurance services for Property risks

Our specialist insurance services for Property risks Our specialist insurance services for Property risks About Us 1 Our Service 2 Manufacturing and Process Industries 3 Airports and Ports 4 Agricultural Industries 5 Hi-tech and Bio-tech 6 Heavy Metal Industries

More information

Stock Throughput Policies How to make them work for you

Stock Throughput Policies How to make them work for you Stock Throughput Policies How to make them work for you Virginia Cameron Joe Sheridan September, 2013 Marine Stock Throughput Policy The Best Kept Secret in Property Insurance http://link.delvenetworks.com/media/?mediaid=7c1862

More information

Property & Casualty. Flexible insurance for retail chain stores

Property & Casualty. Flexible insurance for retail chain stores Property & Casualty Flexible insurance for retail chain stores 1 2 ACE Retail, a comprehensive package insurance, can lift some of the pressure on retailers by addressing issues such as risk management,

More information

Transportation solutions driven by your business. The holistic alternative for BC based trucking business

Transportation solutions driven by your business. The holistic alternative for BC based trucking business Transportation solutions driven by your business The holistic alternative for BC based trucking business TM An integrated plan delivered by a leading global insurer, and the largest insurer of Transportation

More information

GLoBaL ConStRUCtIon SeRVICeS (GCS)

GLoBaL ConStRUCtIon SeRVICeS (GCS) GLOBAL CONSTRUCTION SERVICES (GCS) GLOBAL CONSTRUCTION SERVICES (GCS) Who are we? GCS is the leading international insurance broker and professional risk consultant to the global construction industry.

More information

SINGAPORE SINGAPORE AJGINTERNATIONAL.COM ARTHUR J. GALLAGHER 1

SINGAPORE SINGAPORE AJGINTERNATIONAL.COM ARTHUR J. GALLAGHER 1 SINGAPORE SINGAPORE AJGINTERNATIONAL.COM ARTHUR J. GALLAGHER 1 PEOPLE NOT PROCESS Insurance is a people business and we believe it is the way in which we manage our business and the environment in which

More information

GLOBAL SPECIALTY LINES GLOBAL EXPERTISE, DELIVERED LOCALLY.

GLOBAL SPECIALTY LINES GLOBAL EXPERTISE, DELIVERED LOCALLY. GLOBAL SPECIALTY LINES GLOBAL EXPERTISE, DELIVERED LOCALLY. 02 Global expertise, delivered locally. introducing rsa RSA is one of the world s leading multinational quoted insurance groups. The services

More information

Insurance implications for Cyber Threats

Insurance implications for Cyber Threats Lillehammer Energy Claims Conference Lillehammer March 7, 2014 Insurance implications for Cyber Threats How enterprises need to prepare for the inevitable JLT is one of the world s largest providers of

More information

CYBER LIABILITY RISKS SEMINAR Programme overview. THURSDAY 1 OCTOBER 2015 8.30am 1.00pm Green Park Conference Centre, Reading

CYBER LIABILITY RISKS SEMINAR Programme overview. THURSDAY 1 OCTOBER 2015 8.30am 1.00pm Green Park Conference Centre, Reading CYBER LIABILITY RISKS SEMINAR Programme overview THURSDAY 1 OCTOBER 2015 8.30am 1.00pm Green Park Conference Centre, Reading JLT Specialty (JLT) would like to invite you to a highly informative technical

More information

TECHNICAL & ENGINEERING INSURANCE ACE TECHNICAL LINES

TECHNICAL & ENGINEERING INSURANCE ACE TECHNICAL LINES TECHNICAL & ENGINEERING INSURANCE ACE TECHNICAL LINES Companies today are looking for an insurer who can cater for their whole range of technical or engineering insurance requirements, from machinery breakdown,

More information

Catlin Insurance Company (UK) Ltd, part of the Catlin Group of Companies. Glossary COMMERCIAL MARINE CRISIS MANAGEMENT ASSET PROTECTION

Catlin Insurance Company (UK) Ltd, part of the Catlin Group of Companies. Glossary COMMERCIAL MARINE CRISIS MANAGEMENT ASSET PROTECTION Welcome to Catlin Catlin Insurance Company (UK) Ltd, part of the Catlin Group of Companies Welcome to the Catlin Group of companies, a leading specialty property and casualty insurer operating in more

More information

Boiler & Machinery. Allianz Global Corporate & Specialty North America. Depend on our broad scope and focus.

Boiler & Machinery. Allianz Global Corporate & Specialty North America. Depend on our broad scope and focus. Boiler & Machinery Depend on our broad scope and focus. Allianz Global Corporate & Specialty North America offers a wide range of innovative Boiler & Machinery risk solutions for many types of businesses

More information

protect your business with insurance you can trust.

protect your business with insurance you can trust. protect your business with insurance you can trust. Transact Credit Invest Insure Forex Merchant Services Cash Value Adds Rewards First National Bank - a division of FirstRand Bank Limited. An Authorised

More information

property owners Property insurance and rental protection

property owners Property insurance and rental protection property owners Property insurance and rental protection 1 Between 1990 and 2006 Ireland s property sector grew faster than that of any other developed economy. A period of intense growth in the Irish

More information

Property Insurance Market Report United States. Summary and Forecast Q1 14

Property Insurance Market Report United States. Summary and Forecast Q1 14 Property Insurance Market Report United States Summary and Forecast Q1 14 Property Summary Property underwriters enjoyed a profitable 2013 due to lower losses and higher rates, which followed two-plus

More information

Hull and Associated Risks

Hull and Associated Risks Hull and Machinery Insurance Who buys this insurance? qüçëé=êéëéçåëáääé=ñçê=íüé=éüóëáå~ä=ïéää=äéáåö çñ=~=îéëëéä=äé=íüéó=püáéçïåéêëi _~êéäç~í=`ü~êíéêéêë=çê=qüáêç=m~êíó j~å~öéêë Costs of repairing physical

More information

Tokio Marine Management, Inc. Manager for Tokio Marine America Insurance Company

Tokio Marine Management, Inc. Manager for Tokio Marine America Insurance Company Our Long History in Marine Insurance Tokio Marine began writing Ocean Marine Cargo Insurance in Tokyo in 1879 and in 1880 expanded its operations to New York, London and Paris. Tokio Marine has been a

More information

Captive & Insurance Management

Captive & Insurance Management Aon Risk Solutions Global Risk Consulting Captive & Insurance Management Location of captive parent company 500+ captives 250-500 captives 51-249 captives 10-50 captives

More information

BARRY F. LORENZETTI MISSION STATEMENT A MESSAGE FROM THE PRESIDENT

BARRY F. LORENZETTI MISSION STATEMENT A MESSAGE FROM THE PRESIDENT 15 MISSION STATEMENT To be the most professional, client-oriented and innovative insurance brokerage and consulting firm in Canada, through a disciplined and dedicated team approach. A MESSAGE FROM THE

More information

Tokio Marine Management, Inc. Manager for Tokio Marine America Insurance Company

Tokio Marine Management, Inc. Manager for Tokio Marine America Insurance Company Our Long History in Marine Insurance Tokio Marine began writing Ocean Marine Cargo Insurance in Tokyo in 1879 and in 1880 expanded its operations to New York, London and Paris. Tokio Marine has been a

More information

Your clients move goods across the globe. We can help you keep their coverage close to home. Ocean Cargo

Your clients move goods across the globe. We can help you keep their coverage close to home. Ocean Cargo Your clients move goods across the globe. We can help you keep their coverage close to home. Cargo Insurance Delivered to Your Nearest Port As the world economy expands, so does your opportunity to grow

More information

GUIDE TO OIL INSURANCE LIMITED Prepared by JLT Speciality Limited

GUIDE TO OIL INSURANCE LIMITED Prepared by JLT Speciality Limited GUIDE TO OIL INSURANCE LIMITED Prepared by JLT Speciality Limited CONTENTS INTRODUCTION 1 BACKGROUND/HISTORY 2 MEMBERSHIP QUALIFICATION 3 STANDARD LIMIT AND DEDUCTIBLE 4 LIMIT OPTIONS 5 PREMIUMS 6 EXPERIENCE

More information

Health Care Practice. An integrated approach to meet the financial and risk-related needs of health care organizations

Health Care Practice. An integrated approach to meet the financial and risk-related needs of health care organizations Aon Risk Solutions Health Care Health Care Practice An integrated approach to meet the financial and risk-related needs of health care organizations Risk. Reinsurance. Human Resources. 1 2 Solutions For

More information

BANKING & FI USE CREDIT & PRI (RE)INSURANCE. Harry Doyne-Ditmas MEA REGIONAL MANAGER: CREDIT, POLITICAL & SECURITIES RISK

BANKING & FI USE CREDIT & PRI (RE)INSURANCE. Harry Doyne-Ditmas MEA REGIONAL MANAGER: CREDIT, POLITICAL & SECURITIES RISK BANKING & FI USE CREDIT & PRI (RE)INSURANCE Harry Doyne-Ditmas MEA REGIONAL MANAGER: CREDIT, POLITICAL & SECURITIES RISK HOW BANKS & FI S USE CREDIT & PRI (RE)INSURANCE 1 STRUCTURED CREDIT & PRI (RE)INSURANCE

More information

INSURANCE SOLUTIONS FOR THE MARINE INDUSTRY

INSURANCE SOLUTIONS FOR THE MARINE INDUSTRY INSURANCE SOLUTIONS FOR THE MARINE INDUSTRY 02 MARINE INSURANCE SOLUTIONS Global reach, local touch Howden is a truly independent broking group with one of the world s largest international networks. We

More information

SPECIALIST INSURANCE SERVICES TRUCKING WWW.PRICEFORBES.COM

SPECIALIST INSURANCE SERVICES TRUCKING WWW.PRICEFORBES.COM SPECIALIST INSURANCE SERVICES TRUCKING WWW.PRICEFORBES.COM CONTENTS CONTENTS...3 ABOUT US...5 OUR APPROACH...6 CLAIMS...9 TRUCKING...12 OUR EXPERTISE...14 3 ABOUT US Price Forbes & Partners is an independent,

More information

Feedstock Supply Chain Insurance

Feedstock Supply Chain Insurance Feedstock Supply Chain Insurance Feedstock supply chain management Innovation and adaptation are key requirements for successful businesses, as developers, investors and landowners seek alternative ways

More information

Commercial Property Construction Property and Civil Works War, Terrorism and Political Violence

Commercial Property Construction Property and Civil Works War, Terrorism and Political Violence Commercial Property Construction Property and Civil Works War, Terrorism and Political Violence Commercial Property Product updates Increased capacity: up to $10M (inclusive of full CAT), available on

More information

Contingent Business Interruption Insurance Insights

Contingent Business Interruption Insurance Insights MAJOR CLAIMS SPECIALISTS Contingent Business Interruption Contingent Business Interruption 1 The severe floods in Thailand in 2011 had a devastating impact on the country, leaving over 800 people dead

More information

INVESTMENT MANAGEMENT. Investment Management Services

INVESTMENT MANAGEMENT. Investment Management Services INVESTMENT MANAGEMENT Investment Management Services World class team JLT Investment Solutions employs over 60 people. Our entire focus is on investing our clients money. We are based in Exeter, Bournemouth,

More information

Allianz Global Corporate & Specialty Global Cargo

Allianz Global Corporate & Specialty Global Cargo Allianz Global Corporate & Specialty Global Cargo Intelligent solutions for international cargo insurance Allianz Global Corporate & Specialty Designed to meet the challenges of international cargo risks

More information

SITPRO. International Trade Guides. Management. Cargo Insurance

SITPRO. International Trade Guides. Management. Cargo Insurance SITPRO International Trade Guides Management Cargo Insurance Cargo Insurance This guide provides general information about cargo insurance and why you need it. You should read it if you are involved in

More information

Client Engagement and Compensation Guide

Client Engagement and Compensation Guide Aon Risk Solutions Client Engagement and Compensation Guide Risk. Reinsurance. Human Resources. Introduction The aim of this document is to provide a high-level summary of the work that Aon Risk Solutions

More information

UK P&I for Traders and Charterers

UK P&I for Traders and Charterers UK P&I for Traders and Charterers WHAT RISKS DO YOU FACE? Trader, bank or commodity house: whatever shipping terms or contracts you use, involvement in marine transport means you are exposed to liabilities.

More information

Our specialist insurance services for Professionals risks

Our specialist insurance services for Professionals risks Our specialist insurance services for Professionals risks Price Forbes & Partners is an independent Lloyd s broker based in the heart of London s insurance sector. We trade with all of the major international

More information

leisure industry PraCTiCe GrouP

leisure industry PraCTiCe GrouP leisure industry PraCTiCe GrouP PerCePTual risk MaPPinG GloBal MarKeTs international Willis will provide you with valuable solutions and execute these in a timely process wherever your business or your

More information

The water infrastructure market and degree of development of associated insurance market

The water infrastructure market and degree of development of associated insurance market The water infrastructure market and degree of development of associated insurance market The private sector point of view John Papageorgiou MSc. Senior Risk Consultant, Aon Risk Solutions Greece, CEE Agenda

More information

1 TRANS OCEAN MARINE CARGO TRANSIT I N S U R A N CE Customer Manual 20th July 2009

1 TRANS OCEAN MARINE CARGO TRANSIT I N S U R A N CE Customer Manual 20th July 2009 1 TRANS OCEAN MARINE CARGO TRANSIT INSURANCE Customer Manual 20 th July 2009 2 WHEN SHOULD YOU INSURE YOUR CARGO? In international trade, the responsibility to insure the goods during the various stages

More information

Title. Financial Lines

Title. Financial Lines Title Financial Lines INSURED. ASSURED. International Group, a member of Tokio Marine HCC, is an insurance partner with a smart approach to covering business risk. We ask the right questions, invest in

More information

WILLIS RETAIL PRACTICE ADVICE AND PROTECTION FOR THE RETAIL SECTOR

WILLIS RETAIL PRACTICE ADVICE AND PROTECTION FOR THE RETAIL SECTOR WILLIS RETAIL PRACTICE ADVICE AND PROTECTION FOR THE RETAIL SECTOR CUSTOMER RELATIONSHIPS. BRAND. REPUTATION. PROFIT MARGIN. PROFIT MARGIN. AS A RETAILER YOU WORK HARD TO GROW THEM - AS AN INSURANCE AND

More information

Real Estate Practice. Fact-Based Solutions for Real Estate Risk Management. Risk. Reinsurance. Human Resources.

Real Estate Practice. Fact-Based Solutions for Real Estate Risk Management. Risk. Reinsurance. Human Resources. Aon Risk Solutions Real Estate Practice Real Estate Practice Fact-Based Solutions for Real Estate Risk Management Risk. Reinsurance. Human Resources. Today s Real Estate Risk Trends and Priorities Our

More information

Introduction: The Building and Personal Property Coverage Form CP

Introduction: The Building and Personal Property Coverage Form CP Table of Contents Introduction: The Building and Personal Property Coverage Form CP 00 10...1 Property Coverage Forms...2 ISO Rules...3 Underwriting...5 The National Underwriter Company Coverage Guides...6

More information

Commercial claims A customer focussed claims journey

Commercial claims A customer focussed claims journey Commercial claims A customer focussed claims journey Contents Introduction 1 Commercial claims overview 2 Claims responsibilities throughout the distribution chain 3 Remuneration arrangements 4 How to

More information

LLOYD S IN CANADA Contents

LLOYD S IN CANADA Contents LLOYD S IN CANADA Contents 1 About Lloyd s 2 How Lloyd s works 3 Financial strength and ratings 3 Global reach 4 Multiple classes, maximum innovation 5 Lloyd s Canada a major player 6 Contact us ABOUT

More information

Actuarial services that enhance performance. Insurance PRECISE. PROVEN. PERFORMANCE.

Actuarial services that enhance performance. Insurance PRECISE. PROVEN. PERFORMANCE. Actuarial services that enhance performance Insurance PRECISE. PROVEN. PERFORMANCE. Today s challenges, tomorrow s opportunities In today s ever changing insurance market, companies face more stringent

More information

B0753PC1412459000 ---------------------------- ---------------------------- Claims Procedure

B0753PC1412459000 ---------------------------- ---------------------------- Claims Procedure B0PC1412459000 Page 36 of 40 Claims Procedure ---------------------------- ---------------------------- For Insurer's information; the Insured and Lloyd & Limited have established the following claims

More information

A tailor-made programme designed for wineries interested in entering or re-entering the UK wine market

A tailor-made programme designed for wineries interested in entering or re-entering the UK wine market A tailor-made programme designed for wineries interested in entering or re-entering the UK wine market 2 3 WHY CONSIDER THE UK MARKET? The United Kingdom (UK) continues to be one of the leading and biggest

More information

Supply Chain Risk Offering

Supply Chain Risk Offering Supply Chain Risk Offering 2010 & 2011 Catastrophes Emphasize Supply Chain Vulnerability Iceland Volcano ~ $200 million USD per Day >$5 billion USD total economic loss Japan Earthquake and Tsunami ~ $300

More information

Trade Credit Insurance. Global Trade

Trade Credit Insurance. Global Trade Trade Credit Insurance Global Trade Credit Solutions Contents ACE Trade Credit insurance: vital protection against non-payment 03 Who would benefit from ACE Trade Credit insurance? 04 Features of your

More information

STAFF REPORT ACTION REQUIRED

STAFF REPORT ACTION REQUIRED STAFF REPORT ACTION REQUIRED Procurement Authorization for the Extension of Project Specific Insurance for the Toronto-York Spadina Subway Extension Date: November 23, 2015 To: From: TTC Board Chief Executive

More information

Engineers Combined.

Engineers Combined. Who we are Citynet is an independent Lloyd s broker specialising in the placement of commercial business into the London market on behalf of UK and Irish insurance intermediaries. Our independence gives

More information

Winery insurance. Protection from the vine to the bottle

Winery insurance. Protection from the vine to the bottle Winery insurance Protection from the vine to the bottle Aon Broker of the Year 2005, 2006, 2007 Winery insurance Just as wine making requires experience, innovation and knowledge to produce memorable wines

More information

2 Construction insight Thrive in growth economies: Part 2: Professional indemnity

2 Construction insight Thrive in growth economies: Part 2: Professional indemnity 1 2 Construction insight Thrive in growth economies: Part 2: Professional indemnity Construction Insight Thrive in growth economies Introduction This three part Construction insight series has been produced

More information

IndustryEdge for hotels and restaurants OUR KNOWLEDGE IS YOUR EDGE

IndustryEdge for hotels and restaurants OUR KNOWLEDGE IS YOUR EDGE IndustryEdge for hotels and restaurants OUR KNOWLEDGE IS YOUR EDGE OUR KNOWLEDGE IS YOUR EDGE IndustryEdge At Travelers, we recognise that no two industries are the same and that dealing with the complexities

More information

SPECIALIST INSURANCE SERVICES

SPECIALIST INSURANCE SERVICES SPECIALIST INSURANCE SERVICES energy WWW.PRICEFORBES.COM contents about us...5 our approach...6 five steps to service delivery...8 upstream & Mid-stream operations...13 downstream operations...14 claims...15

More information

MARINE INSURANCE - ARE WE REALLY COVERED?

MARINE INSURANCE - ARE WE REALLY COVERED? MARINE INSURANCE - ARE WE REALLY COVERED? Extract from the Bi-Monthly Lecture/Discussion Facilitated by Mr. Tanuj Edward Head Underwriting Commercial & Personal Lines, Eagle Insurance PLC on 13 August

More information

Environmental Impairment Liability. for Real Estate companies

Environmental Impairment Liability. for Real Estate companies Environmental Impairment Liability for Real Estate companies 2 Environmental Impairment Liability for Real Estate companies Introduction The traditional view amongst businesses has been that only a limited

More information

Commercial Insurance Solutions. R K Harrison Insurance Services

Commercial Insurance Solutions. R K Harrison Insurance Services Commercial Insurance Solutions R K Harrison Insurance Services Welcome to R K Harrison R K Harrison is one of the leading independent commercial insurance providers in the UK. We combine the traditional

More information

CARGO MARINE INSURANCE BROKER Company - Appraisal Questionnaire

CARGO MARINE INSURANCE BROKER Company - Appraisal Questionnaire CARGO MARINE INSURANCE BROKER Company - Appraisal Questionnaire CARGO MARINE INSURANCE COMPANY DETAILS : Name of the Group: Business mailing address: Company name: Address: City: State- Country: Key Contact:

More information

Aerospace. Aerospace. Airline, Products & Airports, General Aviation, Space, War and Terrorism, Environmental Impairment Liability, Cyber.

Aerospace. Aerospace. Airline, Products & Airports, General Aviation, Space, War and Terrorism, Environmental Impairment Liability, Cyber. Aerospace THIS INFORMATION IS INTENDED FOR INSURANCE BROKERS AND OTHER INSURANCE PROFESSIONALS ONLY Aerospace Airline, Products & Airports, General Aviation, Space, War and Terrorism, Environmental Impairment

More information

Western World Insurance Group INVESTOR PRESENTATION MAY 28, 2015

Western World Insurance Group INVESTOR PRESENTATION MAY 28, 2015 Western World Insurance Group INVESTOR PRESENTATION MAY 28, 2015 Cautionary Note Regarding Forward-looking Statements This presentation may include forward-looking statements, both with respect to us and

More information

Airmic review of the supply chain insurance market Review of recent developments in the supply chain insurance market

Airmic review of the supply chain insurance market Review of recent developments in the supply chain insurance market REPORT Airmic review of the supply chain insurance market Review of recent developments in the supply chain insurance market 1. Executive summary Increasingly complex supply chains, together with greater

More information

WATER COLLECTION TREATMENT SUPPLY DISTRIBUTION

WATER COLLECTION TREATMENT SUPPLY DISTRIBUTION WATER COLLECTION TREATMENT SUPPLY DISTRIBUTION A CONSTANT NEED A GROWING RISK A GUIDING HAND: THE WILLIS WATER UTILITY EXPERTS Water is life. It s also big business. Ensuring a safe and steady water supply

More information

Control Cost and Cover

Control Cost and Cover CCC/06/14 Page 1 of 5 Control Cost and Cover Marine Cargo Insurance Cargo insurance options For hundreds of years, merchants have been protecting themselves against the risks of loss or damage to goods

More information

Aon Risk Solutions. Trucking Practice. Specialized Services for the Nation s Road Transportation Industry. Risk. Reinsurance. Human Resources.

Aon Risk Solutions. Trucking Practice. Specialized Services for the Nation s Road Transportation Industry. Risk. Reinsurance. Human Resources. Aon Risk Solutions Trucking Practice Specialized Services for the Nation s Road Transportation Industry Risk. Reinsurance. Human Resources. 1 Solutions Designed to Address the Challenges in the Road Transportation

More information

MARINE CARGO CLAIMS GUIDEBOOK

MARINE CARGO CLAIMS GUIDEBOOK Marsh Canada Limited MARINE CARGO CLAIMS GUIDEBOOK TO REPORT A CLAIM PLEASE GO TO WWW.MARSHCARGO.COM MARINE CARGO CLAIMS GUIDEBOOK i Marine Cargo Claims Guidebook This booklet has been prepared as a guide

More information

JOINT VENTURES INSURANCE CONSIDERATIONS

JOINT VENTURES INSURANCE CONSIDERATIONS JOINT VENTURES INSURANCE CONSIDERATIONS Key insurance issues for contractors and service providers Risks during formation and operation of a joint venture INTRODUCTION It is an old cliché that team work

More information

WILLIS GROUP HOLDINGS HOW WE GET PAID

WILLIS GROUP HOLDINGS HOW WE GET PAID WILLIS GROUP HOLDINGS HOW WE GET PAID WILLIS GROUP HOLDINGS HOW WE GET PAID INTRODUCTION The purpose of this paper is to provide an overview of the ways that Willis is remunerated for the value we deliver.

More information

What is Marine Insurance?

What is Marine Insurance? Marine 3 rd May Cargo 2011 Insurance What is Marine Insurance? Marine Insurance is the oldest Insurance in the World Marine Insurance Act 1906 - sets out the Insured, the Brokers and the Insurers Responsibilities

More information

Chapter 17 Liquor Procurement Processes 1.0 MAIN POINTS

Chapter 17 Liquor Procurement Processes 1.0 MAIN POINTS Chapter 17 Chapter 17 Liquor Procurement Processes 1.0 MAIN POINTS The Saskatchewan Liquor and Gaming Authority (SLGA) is responsible for the distribution, control, and regulation of liquor in Saskatchewan.

More information

Prime International CONTACTS

Prime International CONTACTS Prime International CONTACTS Who we are We are specialist wholesale insurance brokers and risk management advisers. Whether you are a local intermediary, retail or reinsurance broker, consultant, adviser

More information

RISK CONTROL SERVICES. Global Specialty Lines

RISK CONTROL SERVICES. Global Specialty Lines RISK CONTROL SERVICES Global Specialty Lines RSA Risk Control a continuum of service Risk is everywhere. That is an undisputable fact. But how you manage or control risk is the key to protecting your people,

More information

Trust us to protect your business

Trust us to protect your business Trust us to protect your business 2 bpif insurance services Trust us to protect your business BPIF Chief Executive s statement you can receive a tailored offering coupled with exclusive benefits at a competitive

More information

Insurance and Reinsurance Broking Risk Management Consultants

Insurance and Reinsurance Broking Risk Management Consultants Unison Insurance Broking Services Pvt. Ltd. Insurance and Reinsurance Broking Risk Management Consultants Unison is the First Indian Insurance Broker to win Broker of the Year two years in a row at Asia

More information

International Insurance Brokers. Broker at LLOYD S

International Insurance Brokers. Broker at LLOYD S G L O B A L International Insurance Brokers Broker at LLOYD S About the Crescent Global Group Crescent Global is a Lloyd s accredited broker formed in 1998 to provide specialist insurance and reinsurance

More information

CREDIT, POLITICAL & SECURITY RISKS ANALYTICS & CONSULTANCY. Protecting business and securing opportunity

CREDIT, POLITICAL & SECURITY RISKS ANALYTICS & CONSULTANCY. Protecting business and securing opportunity CREDIT, POLITICAL & SECURITY RISKS ANALYTICS & CONSULTANCY Protecting business and securing opportunity CREDIT, POLITICAL & SECURITY RISKS CONSULTANCY Protecting business and securing opportunity INTRODUCTION

More information

Renaissance. Members Asset Protection Insurance

Renaissance. Members Asset Protection Insurance Renaissance Members Asset Protection Insurance Renaissance - Members Asset Protection Insurance Introducing a new way of protecting Limited Liability Partnerships - Renaissance Renaissance is the first

More information

Allianz Global Corporate & Specialty Project Cargo

Allianz Global Corporate & Specialty Project Cargo Allianz Global Corporate & Specialty Project Cargo Managing risks and protecting assets Expertise Allianz Global Corporate & Specialty has assembled a highly skilled global team of Project Cargo underwriters

More information

Pro-Tect Asset Protection

Pro-Tect Asset Protection Pro-Tect Asset Protection Protection for Partner s Dependants against Catastrophic Negligence Claims Developed exclusively for Solicitors by ACE European Markets & Professions PRO-TECT - PROTECTION FOR

More information

WILLIS RETAIL PRACTICE REDUCING THE COST OF RISK

WILLIS RETAIL PRACTICE REDUCING THE COST OF RISK WILLIS RETAIL PRACTICE REDUCING THE COST OF RISK REDUCING THE COST OF RISK As a retailer, you work hard to build and protect your business and the ability to deliver on your brand promises is key to the

More information

Connecting Insurance business... Connecting insurance businesses

Connecting Insurance business... Connecting insurance businesses Connecting insurance businesses Agenda: Who we are. What we do. What we have done for our clients. Our people. Who we are G&T Brokers is an independent City of London based Lloyd's Broker committed to

More information

Supply Chain Acceleration: Our Offering for Enabling Growth

Supply Chain Acceleration: Our Offering for Enabling Growth Supply Chain Acceleration: Our Offering for Enabling Growth Supply Chain Acceleration Services Supply Chain Acceleration (SCA) brings together 30 years of supply chain knowledge and domain expertise, that

More information

MANAGING EMPLOYEE RISKS

MANAGING EMPLOYEE RISKS MANAGING EMPLOYEE RISKS FOCUSING ON MULTINATIONAL SOLUTIONS Multinational Benefits, Multinational Risks Building a successful benefits strategy comes with challenges, opportunities and risks, even within

More information

Specialty Services. Private Ordering. Program Guidelines

Specialty Services. Private Ordering. Program Guidelines Specialty Services Private Ordering Program Guidelines Page 1 of 10 Table of Contents Private Ordering 3 Customer Ordering How to Obtain A Product 3 Agency Ordering Setting Up An Agency with the LCBO 4

More information

Stability, Growth, and Innovation for Mutual Insurers

Stability, Growth, and Innovation for Mutual Insurers Aon Benfield Mutual Insurance Practice Group Stability, Growth, and Innovation for Mutual Insurers Risk. Reinsurance. Human Resources. Aon Benfield offers mutual insurers a customized approach Mutual insurers

More information