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DELIVERING A SUPERIOR SERVICEWITH A COMPREHENSIVE RANGE
OF PRODUCTS
CARGO REINSURANCE
INDEPENDENTCONNECTEDCOMMITTEDwww.priceforbes.com
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 you 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 that 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.
INDEPENDENT CONNECTED COMMITTEDBETTER FOR YOU
INDEPENDENTVIEWPOINT
OUTSTANDING SERVICE
DELIVERING SOLUTIONS
INDEPENDENT. CONNECTED. COMMITTED.
EXPERTISE & EXPERIENCE
INDEPENDENT BROKER AND SPECIALIST (RE) INSURANCE ADVISOR
We are an independent specialist global wholesale insurance broker with offices in Bermuda, Chile, Dubai, London and South Africa. We have had 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 380 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.
OFFICESWORLDWIDE7
HAMILTONBERMUDA
LABUANMALAYSIA
DUBAIUAE
JOHANNESBURGSOUTH AFRICA
LONDONUK
SANTIAGOCHILE
STELLENBOSCHSOUTH AFRICA
The acid test of a (re)insurance broker’s service is the quality of its claims handling. This is why claims negotiation and settlement is neither outsourced nor off-shored; it is handled by us, in one central location.
Our claims team is thorough, tenacious and creative, composed of a group of highly qualified specialists who understand the industry. They are integral to the service we provide to you, from simple administration all the way through to claims advocacy.
IN-HOUSE CLAIMS
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.
UnderstandingWe will assess your situation, gather all of 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.
CommunicationOpen engagement between all parties, you, us and underwriters, creates a long-term mutually beneficial relationship. 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 all aspects of international cargo.
Marketing disciplineA disciplined and consistent approach has cultivated long standing relationships with insurers in the London, European, Bermudian, North American and International markets. This, in turn, delivers the results you demand.
Each and every client is placed at the centre of the Price Forbes business. Value is added to the process of purchasing insurance through the consistent delivery of a high level of service.
• Expertise and experience Attracting and developing the best talent to offer you the right expertise.
• Delivering solutions Aligning the market to offer tailored solutions to address your needs.
• Outstanding service Our growth is underpinned by the excellence of our coordinated in-house claims and service delivery.
THE RIGHT SOLUTION FOR YOU EXPERT SERVICE DELIVERY
Our dynamic London-based team offers bespoke facultative and treaty solutions.
EXPERT CARGO REINSURANCE CAPABILITIES
Areas of expertise include:• Electronics and mobile phones• Pharmaceuticals• Temperature-controlled goods• Agriculture• Hard and soft commodities• Chilled and frozen foods• Fast moving consumer goods• Heavy equipment
Cargo Reinsurance Products• Cargo• Stock Throughput• Stock Only• Container leasing• Cargo and Rejection• Project Cargo / Delay in Start Up• Freight Forwarders Liability• War on Land
Target Clients• Commodity trading companies including oils and
grains• High-technology and bio-technology industries• Importers, exporters and distribution companies• Manufacturers• Retailers
Benefits• Combining a number of risks under one policy
provides significant price savings• High limits and low deductibles• Ocean cargo, inland transit and stock insured
under one policy• Potential gaps between multiple policies are
eliminated• Premium can be rated against sales turnover• Reduces the need for time-consuming declarations
We work together with both local brokers and insurance companies to ensure that the client benefits from seamless coverage from the time they have a financial interest to completion.We have been continually developing our stock throughput reinsurance product which enables us to use our expertise to design and deliver a custom-made placement for each client.
Key Features• ‘All risks’ of physical loss or damage cover for
transit and storage risks• Coverage not available locally due to treaty
exclusions• Primary and excess programme structures
available• Treaty and facultative solutions available• Significant capacity available from Lloyd’s of
London and international reinsurers with ‘A’ ratings• Worldwide coverage available
PRODUCT HIGHLIGHT:STOCK THROUGHPUT
We firmly believe that we can offer you a unique service. Our team delivers seamless service from placement through to policy issuance and claims negotiations.
PACKAGING AND PROCESSING
STORAGERetail stores
STORAGEOwned and third-party warehouses
TRANSITSDomestic and overseas
TRANSITSFinished products and raw materials
STOCK THROUGHPUT COVER
HOW WE HELP MAKE A DIFFERENCE
“We worked together on our worldwide stock throughput policy implementation and found their knowledge of this sector invaluable. We particularly liked how they made sure that they understood our business in detail and were able to tailor make the policy to suit our requirements. They provided regular contact and made suggestions as our business developed and grew, and more importantly, went into new markets.”CFO, Metal Trading Company
www.priceforbes.com
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
PFP 196 0 7/18
MEET THE EXPERTS
Call us on:
+44 (0)20 7204 8400and we’ll put you through to one of our experts.
Or email one of our experts below.
Christine StewartAssociate DirectorT +44 (0)20 7105 3063M +44 (0)7912 270 072E [email protected]
Jennifer D’ArcyExecutive Director, Head of Cargo ReinsuranceT +44 (0)20 7015 2982M +44 (0)7872 461 444E [email protected]
Rebecca EllisAccount ExecutiveT +44 (0)20 7648 8073M +44 (0)7872 461 529E [email protected]
Matthew SaltonClaimsT +44 (0)20 7015 2844E [email protected]
Sophie ForsterClaimsT +44 (0)20 7204 8487M +44 (0)7872 461 510E [email protected]
