SPECIALIST INSURANCE SERVICES TRUCKING

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1 SPECIALIST INSURANCE SERVICES TRUCKING

2 CONTENTS CONTENTS...3 ABOUT US...5 OUR APPROACH...6 CLAIMS...9 TRUCKING...12 OUR EXPERTISE

3 ABOUT US Price Forbes & Partners is an independent, specialist Lloyd s broker based in the heart of London s insurance sector, trading with all of the major global insurance and reinsurance markets. Price Forbes & Partners employs over 300 employees in London alone, working in all aspects of broking, technical, claims and support. The business strives to find simplicity and service excellence in complex situations. In servicing a diversified portfolio of business types, Price Forbes & Partners has brought together the talent and resources that are necessary to fully analyse and address each business sector in which it operates. The team is a well-established group of talented (re)insurance professionals that has the confidence of clients and markets. Price Forbes & Partners reputation derives from its ability to apply an innovative approach and vision to provide bespoke insurance solutions to clients. Price Forbes & Partners skill sets are defined by the best industry standards and it is its entrepreneurial capabilities that deliver exceptional solutions for clients: from the definition of clients business objectives right through to execution. The aim is to support clients throughout the lifecycle of a policy, offering informed opinion on all relevant business issues. Where appropriate, such opinion will be supported by an in-depth analysis of specific data and/or more general industry trends. The key to successful client service is to offer each client an overall team of professionals, coordinated by a client team leader, operating from a single London office, supported by an office in Bermuda. AT PRICE FORBES & PARTNERS WE PROPOSE INNOVATIVE SOLUTIONS FOR OUR CLIENTS BASED ON SPECIFIC REQUIREMENTS 5

4 OUR APPROACH Each and every client is placed at the centre of the Price Forbes & Partners business, regardless of the size of the account. Value is added to the process of purchasing insurance through the consistent delivery of a high level of service. COMMUNICATION We work hard to keep clients informed of progress and developments. TEAM-BASED APPROACH We maintain a strong, team-based approach to all placements and claims negotiations, which ensures the maximum depth and breadth of expertise. MARKETING DISCIPLINE A disciplined and consistent approach ensures a long standing relationship with insurers in the London, European, Bermudian, North American and International markets. This, in turn, delivers the results that clients demand. INDEPENDENCE Our independence, combined with a flat management structure, gives clients the advantage of dealing with brokers who take a genuinely bespoke approach to each risk, and importantly, are responsive. TRANSPARENCY Transparency and integrity are core values in the Price Forbes & Partners business. We strictly adhere to the principles demanded of us by the Financial Conduct Authority (FCA) principles. 6

5 CLAIMS We maintain that an insurance broker s service should be judged by the quality of its claims handling. We employ a seamless approach to claims handling, claims are managed by the dedicated energy specialists, who work alongside the broking team that assisted with your original insurance placement. We provide the highest possible standards of service for all our clients losses, starting with the simplest incident right the way through to the most complex of circumstances. In addition to negotiating with underwriters and adjusters, we can also provide coverage analysis and strategy reviews to achieve the optimum settlement in the shortest possible time frame. Our clients receive the same level of focussed commitment and expertise when the policy is called upon to respond as they did when it was first purchased, with our claims team working hand in glove with us. 9

6 PRICE FORBES & PARTNERS BELIEVES IN THE TRADITIONAL PRINCIPLES OF A TRULY INNOVATIVE BROKING SERVICE......RECOGNISING THAT EACH CLIENT IS UNIQUE, ALL RISKS ARE DIFFERENT AND EVERY SOLUTION A ONE-OFF.

7 TRUCKING The considerable experience of our Trucking Team allows us to build specialist programmes and deliver exceptional results for our clients. The Trucking Team works closely with clients and their retail brokers to find solutions, ranging from protection against a catastrophic event to frequency of accidents. We always look to find innovative solutions that are best suited to the individual client. OUR RELATIONSHIP WITH THE MARKET While we have always had a considerable portfolio of trucking companies, the collapse of the US auto liability marketplace in 2001 resulted in significant growth in this type of business. Working with markets in London, Europe and Bermuda we are able to structure a number of placements that not only address short term needs but also provide a long term flexible solution for some of the trucking industry s largest insureds. We continue to develop products to assist the industry and are actively involved with expanding the number of quality markets and lines of coverage available. 12

8 OUR EXPERTISE LTL carriers Truckload carriers Private and public fleets Owner operators Associations LINES OF COVERAGE General liability Automobile liability Employers liability Bobtail / non trucking liability Auto physical damages 14

9 PRICE FORBES & PARTNERS LIMITED 2 Minster Court Mincing Lane London EC3R 7PD United Kingdom T: +44 (0) E: casualtyteam@priceforbes.com Prepared by Price Forbes & Partners Limited 2 Minster Court, Mincing Lane, London EC3R 7PD PFP057 03/16 Copyright Price Forbes & Partners Limited 2016 Registered in England number Registered office as above Price Forbes & Partners Limited is a Lloyd s Broker and authorised and regulated by the Financial Conduct Authority

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