Broker’s perspective on the LLOYD’S COVERHOLDER MODEL

Slides:

Advertisements

Similar presentations

Market forum 22 February 2007 Steven Haasz – Director, Market Infrastructure & Programme Management.

Advertisements

CURRENT SYSTEMS Patients Premium (100% health care dollar) 80% is Filtered Through the Following: Group A – 10%; Group B – 6%; Group C – 20%; Group D –

1 Stakeholder Engagement in Relu Jeremy Phillipson Assistant Director, Relu Programme.

© Lloyd’s 1 © Lloyd’s 1 Demystifying Conduct Risk Gabriella Barker Lloyd’s Delegated Authorities.

© 2004 Pearson Addison-Wesley. All rights reserved 2-1 Function of Financial Markets 1. Allows transfers of funds from person or business without investment.

Lloyd’s Strategy January © Lloyd’s2 Lloyd’s vision Key Characteristics A subscription market backed by mutual security A broker market;

A quick Guide to Lloyd’s

FINANCIAL SERVICES… Presented by: Ruchika Sharma.

Brown & Brown Plants Its Flag in the United Kingdom.

Finhouse – Magus Indexer Summary The charts provide a variety of insights into the nature of the Finhouse organisation, in respect of its capacity to adapt.

Lloyd’s Strategy April © Lloyd’s2 Lloyd’s vision Key Characteristics A subscription market backed by mutual security A broker market;

MARKETING CHANNELS. DEFINATION A marketing channel is a set of practices or activities necessary to transfer the ownership of goods, and to move goods,

Istanbul Group IIMC 2011 The International Insurance Mediation Conference 28 – 29 March, 2011 Re/Insurance Intermediation – Under Pressure ? Menekşe Uçaroğlu.

1 Lloyd’s security. 2 Financially strong and secure Stable security rating High quality and diverse capital base Chain of Security Standards and supervision.

Maximizing Captive Value Through Teamwork. Speakers: Irena Kaler, Executive Director/CAO, RWJ Health Network Insurance Services Ken Rand, Managing Director,

Heath Lambert Group Insurance and Broking Whither or Wither?

INDIAN INSTITUTE OF BANKING & FINANCE JAIIB MODULE (A & B) PRINCIPLES OF BANKING Saturday, 19 November, 2005 T M C VARADARAJAN

RECAP LAST LECTURE 5. FINANCIAL SECURITIES & MARKETS DEBENTURE A DEBENTURE ALSO CALLED A NOTE IS AN UNSECURED CORPORATE BOND OR A CORPORATE BOND THAT.

Sample GEN 1A Questions. Insurance operates by paying the claims of the few from the premiums of many. This is known as : This is known as : A actuarial.

Insurance Commission: Regulatory Updates (A presentation to the Regulators’ Forum) by Vida T. Chiong Deputy Insurance Commissioner 14 July 2015.

Risk management – a journey from the merely unlikely to the totally unpredictable Enrico Bertagna Head of Southern, Eastern Europe & Africa General Representative.

Overview of Insurance Operations Types of Insurers Risk Transfer Process Objectives of Insurers Constraints of Achieving Objectives Measurement of Insurer.

Rating Agency Presented by Group 1. Why do Rating Agency Exist? Issuers Investors and Lenders  Improved funding flexibility  A simple indicator of credit.

A Broker’s View By Paul Carty Deputy Chairman BIPAR EU Standing Committee Director, Head of Broker Services, Coyle Hamilton.

Aon #1 Rated risk services broker, reinsurance

CORPORATE FINANCE FINANCIAL INSTITUTIONS ENERGY AND INFRASTRUCTURE TRANSPORT TECHNOLOGY Takaful at Lloyd’s Susan Dingwall Partner 2 July 2009.

WTO Symposium1 Cross-Border Supply of Services: The Private Sector’s Experience 28 th April 2005 Alastair Evans, Head of Government Affairs, Lloyd’s.

Social Roles and Relationships.

Casualty Actuarial Society Reinsuring Small Regional Companies May 7-8, 2007 Tim Madden Business Leader – Swiss Reinsurance.

© Lloyd’s BINDER XML UPDATE from Lloyd’s Sarah Thacker, Delegated Authorities 28 November 2013.

Financial System in India Financial System represents a closely held financial institutions, financial services and financial instruments or claims.

Underwriting. 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing.

T4.1 H&N, Ch. 4 Chapter Outline 4.1CONTRACTING COSTS OF RISK POOLING ARRANGEMENTS Types of Contracting Costs Ex Ante Premium Payments vs. Ex Post Assessments.

Finance 431 Risk Management and Insurance – Property Casualty Insurance Brokerage.

Re Reinsurance – Not for the Faint of Heart Re High Finance Large Premiums Large Losses High Exposure Decision making process lies with senior management.

© Lloyd’s 1 © Lloyd’s 1 Broker Registration 7 th October 2014 David Charles-Jones – Lloyd’s

Accountants often have to help customers find ways to cut costs and manage the bottom line.

Obtaining Surety Credit An Introduction to the Surety Process for Contractors & Subcontractors.

Reaching new heights Ceding Company Perspective. Contents Motivation for buying Structures Relationships matter Increased Expectations of Brokers Educating.

Independent Contractor versus Employee Relationships

2006 CAS RATEMAKING SEMINAR PRODUCT DEVELOPMENT (COM -2)

Understanding Financial Advice

INSTITUTIONAL STRUCTURE & FUNCTIONS OF MERCHANT BANKERS

An Overview for Staff Prepared by MSM Compliance Services P/L

Insurance Brokerage Review of the insurance distribution system

INFORMATION SYSTEMS IN THE SECURITIES INDUSTRY

PRACTICE OF REINSURANCE IN BANGLADESH 19th November 2016

General Insurance Markets

CSUN - Professor for a Day

A Fresh Outlook.

Types of Organizations

Actuarial Support for Insurance Buyers

Understanding Financial Advice

Overview of Insurance Operations

SMME DEVELOPMENT AND STRATEGIC ALIGNMENT

A quick Guide to Lloyd’s

Chapter 2 The Insurance Market Exam style questions

LECTURE 3 INSURANCE MARKETS.

Career Cluster Finance.

GIS Briefing Monetizing GIS in the Personal Lines Insurance World

INVIZEN it: real-time (R-T) investment loss monitoring & capital financing support program WORLD’S FIRST Proactive investment loss severity risk management.

3 questions = 4% of the exam

WHY USE A BROKER Create | Grow | Protect.

Session 8: Innovative Uses of Captives: Cyber and Beyond

Types of Organizations

AGENCY RELATIONSHIPS IN A REAL ESTATE TRANSACTION

AGENCY RELATIONSHIPS IN A REAL ESTATE TRANSACTION

Members Report: Trinity Insurance Brokers Inc.

Members Report: Insert company name

Presentation transcript:

Broker’s perspective on the LLOYD’S COVERHOLDER MODEL 9 – 10 May, 2016

The CHART Exchange – 2016 1. THE ROLE OF A LLOYD’S BROKER Relationship Management Intermediary NOT Broker Gatekeeper to Capacity and Products

The CHART Exchange – 2016 2. LLOYD’S BROKER CLIENTS Agents No premium paying customers Lloyd’s Syndicates

The CHART Exchange – 2016 3. VALUE ADDED SERVICES Analytics [Actuarial and Modelling] Advisory [Access to capital markets and business planning assistance] Marketing Compliance Regulatory Advice Finance Claims New product development [Example Cyber]