Barbican Insurance Group

An introduction

Barbican Insurance Group Structure

Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Guernsey

Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Guernsey Quota Share & Stop Loss reinsurance

Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Syndicate 1955 at Lloyd’s Guernsey Carlson CapitalSteel Partners

Barbican Group Holdings Ltd Barbican Reinsurance Company Ltd Barbican Holdings (UK) Ltd Barbican Corporate Member Ltd Syndicate 1955 at Lloyd’s Carlson CapitalSteel Partners Barbican ownership

Barbican philosophy Intelligent and responsive underwriting

Barbican philosophy Intelligent and responsive underwriting Expert risk solutions, first class service

Barbican philosophy Intelligent and responsive underwriting Expert risk solutions, first class service Lasting commitment to the market

Barbican philosophy Intelligent and responsive underwriting Expert risk solutions, first class service Lasting commitment to the market Consistency, reliability and value

A seasoned team Barbican senior management

David Reeves Chief Executive Officer Formerly director RSA Commercial Division; headed Motability account; co-founded Global Aerospace

Barbican senior management David Reeves Chief Executive Officer Jon Godfray Chief Operating Officer Formerly COO Endurance Worldwide; Head of Operations RSA London

Barbican senior management David Reeves Chief Executive Officer Jon Godfray Chief Operating Officer Mark Harrington Chief Underwriting Officer/Active Underwriter Led QBE Syndicate 2000; Active Underwriter for Limit; Underwriting Manager Zurich Re

Barbican senior management David Reeves Chief Executive Officer Jon Godfray Chief Operating Officer Mark Harrington Chief Underwriting Officer/Active Underwriter

Barbican business mix International Casualty Treaty N American Casualty Treaty Property Marine Reinsurance Healthcare Liability UK SME Insurance

Barbican business mix International Casualty Treaty N American Casualty Treaty Property Property Treaty Marine Insurance Marine Reinsurance Healthcare Liability UK SME Insurance Specialty Nuclear

Our initial thoughts on Guernsey

Top of offshore comparison tables!

Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont

Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont Expenses: lowest cost option

Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont Expenses: lowest cost option Travel aspects

Our initial thoughts on Guernsey Top of offshore comparison tables! Advisers in support: Ashurst, E&Y, Kinmont Expenses: lowest cost option Travel aspects Guernsey and London combination an important differentiator

What happened in practice?

Regulator is practical and fast

What happened in practice? Regulator is practical and fast Capital modelling is straightforward

What happened in practice? Regulator is practical and fast Capital modelling is straightforward Changes to plan are negotiable

What happened in practice? Regulator is practical and fast Capital modelling is straightforward Changes to plan are negotiable No political issues

What happened in practice? Regulator is practical and fast Capital modelling is straightforward Changes to plan are negotiable No political issues No surprises

Next steps

Formation of a domestic insurer: Barbican Channel Islands

Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace

Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service

Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service Flexible group of commercial products

Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service Flexible group of commercial products Genuine Channel Island market knowledge

Next steps Formation of a domestic insurer: Barbican Channel Islands Underwriting solutions for a unique marketplace First class underwriting and claims service Flexible group of commercial products Genuine Channel Island market knowledge

Next steps Formation of a domestic insurer: Barbican Channel Islands Launch of international reinsurance capability

Next steps Formation of a domestic insurer: Barbican Channel Islands Launch of international reinsurance capability Financial Solutions portfolio

Next steps Formation of a domestic insurer: Barbican Channel Islands Launch of international reinsurance capability Financial Solutions portfolio Dealing with a hard market!

Possible developments

Outsourcing more services from London

Possible developments Outsourcing more services from London Bringing corporate partners to Guernsey

Possible developments Outsourcing more services from London Bringing corporate partners to Guernsey Property Catastrophe Retro Fund

Possible developments Outsourcing more services from London Bringing corporate partners to Guernsey Property Catastrophe Retro Fund Rating for Barbican Reinsurance