Our Property Excess of Loss account is primarily comprised of catastrophe and risk excess of loss business. We favour personal lines and small commercial writers for catastrophe protections and large industrial and commercial writers for risk excess of loss business. We focus on developing long term relationships with our key clients and look to provide them with capacity across the market cycle.
Our catastrophe writings have a global scope and are well spread internationally with no over-reliance on any one region or client. Single territory/state and regional business make up the majority of the portfolio with North America forming the largest part followed by Europe and then Japan.
We have a group of disciplined and experienced underwriters who are multi-lingual and well-travelled. Our underwriting is both qualitative and quantitative. We have a suite of robust rating models, including the RMS catastrophe model, enabling a blended rating approach and independent risk assessment. The portfolio is closely controlled with systems which have been largely developed internally. These tools allow us to analyse each submission in detail to help us gain a deep understanding of our clients businesses and to provide brokers and clients with excellent service.
Our Property Excess of Loss Team are located at Box 357, 11.30–13.00 & 14.30–16.30 on Gallery 3 at Lloyd's.