Financial Institutions

The Financial Institutions division is a recognized lead market for a wide spectrum of Financial Institutions, from the smallest start-up fund management business or boutique advisory firm, right through to global commercial and retail banks. Operating from Lloyd's Box No. 146, our team of seven has a wealth of expertise with our four senior underwriters having over 80 years experience between them. The division offers Crime, Professional Liability, Directors & Officers Liability and TRIA insurance.

Professional Indemnity

The Professional Liability division writes Professional Indemnity, Directors & Officers Liability, Trustees Liability, Warranty & Indemnity, Medical Malpractice, Approved Persons and Legal Expenses insurance products for all types of commercial organizations. Operating from Lloyd's Box No. 148 with an experienced team of seven, the division is best known for delivering solutions for more unusual risks such as classification societies, P&I club managers, actuaries and nuclear engineers. We create value through innovation, rather than writing a 'commoditized' professional indemnity portfolio. We also underwrite Medical Malpractice liability for a variety of clients outside the USA. This business is transacted exclusively through The Medical Professional Liability Company.

Marine

Operating from Lloyd's Box No. 61A the Marine division focuses on four distinct businesses being High Value Cargo; Political Risk and Cargo, War & Terrorism and Marine Re.

High Value Cargo: Provides physical loss or damage cover for vault risk, valuable papers and cover for the contents of safety deposit boxes. In addition we underwrite Excess SIPC, Excess CIPF and J form business and a large metals and mining account. Our significant fine art portfolio comprises private collections, museums, dealers, exhibitions and auction houses. Musical instrument collectors, dealers and orchestras are also included.

We also have a motorsport specialty which provides cover for storage, transit & paddock, plus on-track and personal accident insurance.

Political Risk: primarily underwrites Government Non-Payment/Non-Performance risks. In addition we provide insurance solutions for:

• Confiscation, Expropriation and Nationalization risks for a wide variety of businesses worldwide;
• Private counterparty Non-Payment/Non-Performance risks;
• Aviation Repossession, and;
• 'stand alone' Political Violence risks.

Cargo, War & Terrorism: Underwrites two main accounts being: Cargo - provides physical loss or damage cover for industrial machinery, equipment, retail goods, agricultural produce, mineral oil, metals and ores, whilst in transit or at rest. This also includes retail and wholesale stock in stores, warehouses and at distribution centers worldwide. Specialist cargo products include satellite pre-launch risks and consequential loss on project cargoes.

War – we address three specific aspects of War related risk
Property (commercial and residential) covering war, terrorism, strikes, riots and civil commotions, including the risk of business interruption within the United States and around the rest of the world.  Third party liability and employers' liability (on a claims made basis) of property and business owners arising from a terrorist event; 

Aviation covering hull war and excess third party war liability. We include all major passenger airlines, cargo airlines, corporate aircraft / executive jets, privately owned aircraft and aircraft used for international aid;

Marine covering hull and machinery of vessels against war risks including mines, explosives, malicious damage, piracy, sabotage, terrorism, blocking and trapping. In addition to the physical damage cover there is cover for protection and indemnity risks as a result of a war peril.

Marine Re: Provides quota share reinsurance solutions to their North American clients. Our emphasis is on hull and associated liability, cargo and marine general liability. Typically, we target smaller to medium size business that is placed in local domestic markets.

Global Property

The Global Property division operates from Lloyd's Box No. 159A and writes both direct and reinsurance business on a primary, full value or excess layer basis.

We utilize the benefit of Lloyd's global licenses to enable us to write business around the world including the European Union, North America, Central and South America, Middle and Far East, South Africa, Australia and New Zealand.

Our portfolio includes all types of commercial and industrial sectors including real estate, condominiums, leisure and entertainment, mining, manufacturing, agricultural, course of construction / E.A.R, food processing, warehousing and storage, retail outlets, municipalities (including schools and government properties), energy, utilities and power generation, bridges and tunnels, hospitals and railroads.

Select Specialist Lines

Syndicate 4000 offers Kidnap & Ransom cover for private individuals, families and corporate clients. Other specialist lines include Forced Order Hazard, Nuclear, and Protection and Indemnity. We operate from Lloyd's Box numbers 61A and 146.