AT PRICE FORBES WE BRING TOGETHER THE BEST PEOPLE AND …

AT PRICE FORBES WE BRING TOGETHER THE BEST PEOPLE AND THE BEST MARKETS SO YOU CAN BE SURE

YOUR NEEDS ARE ALIGNED AND CONNECTED TO THE VERY BEST SOLUTIONS AVAILABLE

www.priceforbes.com

INDEPENDENT CONNECTEDCOMMITTED

INDEPENDENT CONNECTED COMMITTEDBETTER FOR YOU

IndependentOur independence means we have no local conflicts, nor are we constrained by market agreements. This leaves us free to work with markets best placed to meet your and your clients’ needs.

ConnectedYou benefit from our centralised in-house service, a team driven by a desire to collaborate in your best interests. Together, we will connect you with the best products and markets to achieve the right solution for you.

CommittedTaking a long-term view means we are dedicated to developing a mutually beneficial relationship with our clients and markets. By working together we believe we can tackle the most sophisticated risks with a tenacity to deliver on time, every time.

INDEPENDENTVIEWPOINT

OUTSTANDING SERVICE

DELIVERING SOLUTIONS

INDEPENDENT. CONNECTED. COMMITTED.

EXPERTISE AND

EXPERIENCE

INDEPENDENT BROKER AND SPECIALIST (RE) INSURANCE ADVISOR

1972 Price Forbes andCompany acquired bySedgwick Group Ltd

2005 Marsh & McLennan Companies Inc announces plans to sell wholesaleoperations including Price Forbes and Company

2004 Marsh & McLennan Companies Inc acquires Prentis Donegan & Partners Ltd and merges the business with Price Forbes Ltd

1998 Marsh & McLennanCompanies Inc acquiresSedgwick Group Ltd

2006 Purchase of the business, assets and ‘Price Forbes’ brand by the management ofPrice Forbes & Partners Ltd

2008Price Forbes & Partners (Bermuda) Ltd formed

2009Price Forbes & Partners and Tradewinds, Kuala Lumpur form strategic alliance

2010Price Forbes & Partners & Ark Insurance Group, Lagos form strategic alliance

Establishment of treatyreinsurance operations

2015Price Forbes (Pty) Ltd change name from PFP Insurance Brokers(Pty) Ltd

2016Price Forbes wins ‘Broker of the Year’ at London Reactions Awards and Insurance Insider Honours Awards

2014Price Forbes DMCC (Dubai) formed

2015Highbridge Principal Strategies, LLC invest in Price Forbes & Partners, maintaining our independence

2013Price Forbes Labuan Ltd (Malaysia) formed

2012PFP Insurance Brokers (Pty) Ltd, South Africa awarded Financial Services Board (FSB) license

1893Price Forbes and Company founded

MILESTONES1993 Roberts Donegan Ltd commences trading as Prentis Donegan & Partners Limited

2017Price Forbes Chile opens in Santiago

Price Forbes becomes part of the Ardonagh Group

We are an independent specialist global wholesale insurance broker with offices in Bermuda, Chile, Dubai, London and South Africa. We have had just over 11 successive years of growth, placing non-standard risks for large multi-national companies. Our team of experts work closely with clients ensuring they are aligned with the best markets, people and products available to achieve the right solution.

We have over 410 employees working in all aspects of broking, technical, claims and support.

As a truly independent company we are committed to bringing you unparalleled expertise, connecting you with the best people, markets and solutions available.

BERMUDA: HAMILTON

UK:LONDON

SOUTH AFRICA:JOHANNESBURGSTELLENBOSCH

MALAYSIA:LABUAN

UAE:DUBAI

BROKERS OFTEN CLAIM TO BE INDEPENDENT BUT WE GENUINELY ARE

Taking a truly independent standpoint is written in our DNA. It means that we can always give you fair, honest and realistic advice.

We have no local conflicts, nor are we constrained by market agreements. This allows us to work with the markets that suit your specific needs. In our opinion, no two client situations are the same, therefore no two solutions are comparable. We will seek out the right markets for you and create a dialogue, so that you too are empowered to understand the decisions you are making from an informed position of strength.

We are an independent, specialist Lloyd’s broker based in the heart of London’s insurance sector, trading with all of the major international insurance and reinsurance markets in London, Bermuda and Europe. We employ over 410 employees working in all aspects of broking, technical, claims and support, all of whom are dedicated to helping you.


OUTSTANDING SERVICE



EXPERTISE AND

EXPERIENCE


Data correct as of October 2018

BUT DON’T JUST TAKE OUR WORD FOR ITHERE’S WHAT ONE OF OUR CLIENTS SAYS

OFFICESWORLDWIDE7

410EMPLOYEES

OVER

“ Safety and service are our key priorities as a business. Price Forbes has worked hand-in-hand with our local insurance broker to understand this and develop a relationship, which gives us real comfort for the long-term.

The Marine Team appreciates that the Liftboat business requires specialist knowledge and has used its experience to consistently get us a policy and premium that is right for Offshore Liftboats.”

Craig PierceHealth, Safety and Environmental Manager Offshore Liftboats LLC

CHILE:SANTIAGO

Strategically located in the heart of London’s insurance district

SUCCESSIVE YEARS OF GROWTH11

300CLIENT FACING

OVER

• Accident & Health• Aviation• Cargo• Cargo Reinsurance• Construction• Credit & Political Risks• Cyber• Energy• Financial Products• Fine Art, Jewellery & Specie• Forestry• Healthcare

• International Motor• International Property & Casualty• Life Science• Marine• Mining• North America Casualty• North America Property• Power, Utilities & Nuclear• Programmes & Facilities• Reinsurance• Renewable Energy• Terrorism

THERE ARE SOLUTIONSAND THEN THERE ARE EXPERT SOLUTIONS

COMPREHENSIVE SOLUTIONSTOTAL COMMITMENT

Finding the right answer means asking the right questions. We believe that, to really get to the bottom of your business needs, we have to listen to you and understand what drives you. Only then can we begin the journey to the right recommendations.

We will assess your situation, gather all the data required and then analyse the information before agreeing a joint approach that matches your risk appetite. It is essential for you to be part of the process, to be informed and empowered. Open engagement between all parties, you, us and underwriters, creates a long-term mutually beneficial relationship.

The term ‘silo’ is often heard in business – but not at Price Forbes & Partners. We have specialisms in key industries, products and services, but be assured, we work as one for you. This means that, whatever your industry, you can be confident we will bring the strongest team to bear on your behalf.

By working closely with you we can align your needs to the best markets, to find a solution that is right for you. Our strategy combines a nimble, entrepreneurial and collaborative philosophy underpinned by expertise in our particular products and markets. Delivery comes from attracting the best talent in the market and developing their skills, so that you can be confident in the advice, service and products we provide.

OVER

OFFICES500 LOCATED IN OVER

COUNTRIES100


OUTSTANDING SERVICE



EXPERTISE AND

EXPERIENCE


Member of

A GENUINELY FIRST CLASS SERVICEWHICH IS WHY WE HANDLE ALL OF OUR CLAIMS IN-HOUSE

The acid test of a (re)insurance broker’s service should be judged by the quality of its claims handling. Providing added value to clients’ business through the integrated provision of the highest possible standards of service throughout the claims process lies at the core of our proposition, as does active claims negotiation and fast and effective step-by-step guidance leading to an efficient settlement and collection process.

The same level of focused commitment and expertise should be expected when the policy is called upon to respond as when it was first purchased.

The claims team has a reputation for being thorough, tenacious and creative. Claims negotiation and settlement is not outsourced or off-shored; it is handled by our team - your team - in London. The claims team is integral to the placement teams and is highly qualified and experienced in all of the business in which the firm specialises.

It is actively involved in programme design, incorporating claims procedures and protocols to ensure that all parties are aware of the claims management process from day one.

INCREASE IN EMPLOYEES SINCE FORMATION

118%


OUTSTANDING SERVICE



EXPERTISE AND

EXPERIENCE

INDEPENDENT BROKER AND SPECIALIST (RE) INSURANCE ADVISOR 2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

174

180

186

181 19

7 218 23

5

242

296

340 37

020

16

380

2017

LLOYD’S OF LONDON STATISTICS SHOW PRICE FORBES TO BE CONSISTENTLY ABOVE THE MARKET AVERAGE FOR CLAIMS TRANSACTIONS, ADVICES AND SETTLEMENT TIMES AMONGST THE 29 MAJOR LLOYD’S BROKERS MONITORED $13bn+

PREMIUM FLOW TO MARKET SINCE LAUNCH Data correct as of May 2018

Our clients are at the heart of everything we do and our people are at the heart of everything we offer.

We seek out, attract and develop the most talented people available in the market; the kind of people who are entrepreneurial, tenacious, skilled specialists in their fields. Equally, these individuals understand the need to work collaboratively to benefit you.

In every part of our business you profit from the experience of highly trained, highly qualified expertise, a combination of dynamism and wisdom focused on providing market-leading specialism and service.

THERE IS NO SUBSTITUTE FOR EXPERIENCEOR EXPERTISE FOR THAT MATTER

WE ARE DETERMINED TO FIGHT YOUR CORNER UNCONSTRAINED BY ANY LOCAL CONFLICTS OR MARKET AGREEMENTS

“ What really impressed us was the team at Price Forbes had an in-depth knowledge of our industry and our business. They worked with us collaboratively to get us cover that was right for us at a premium that was very competitive.”

Wholesale Broker, USA

The model we offer is built on drawing together the right talent from across our business into a team designed around you, the challenges you face and the specialist knowledge required.

Together we can work with you to deliver, today, tomorrow and for your future.


OUTSTANDING SERVICE



EXPERTISE AND

EXPERIENCE


Now is always a good time to talk. Our team is ready to help you and the starting point is to put us to the test. Ask us the difficult questions – we will help with solutions that challenge the norm.

Call us on:

+44 (0)20 7204 8400and we’ll put you through to one of our experts.

Or email us at:[email protected] you’ll get a reply from one of our experts.

www.priceforbes.com

INDEPENDENTCONNECTED

Price Forbes & Partners Limited2 Minster Court, Mincing Lane, London EC3R 7PD

Copyright Price Forbes & Partners Limited 2018Registered in England number 5734247. Registered office as abovePrice Forbes & Partners Ltd is a Lloyd’s broker and is authorised and regulated by the Financial Conduct Authority

COMMITTED

PFP 181 10/18

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AT PRICE FORBES WE BRING TOGETHER THE BEST PEOPLE AND …