Gallagher UK’s Post

It was a pleasure meeting you in person Mark Wainwright I have learned a lot about this field in the last week , discussing the upcoming business for our portfolio Travel Sales Insurance Premium and Claims Bordeaux. A fruitful discussion and a great learning on the set up of new Business and maintaining SOW ( Statement of Work) , SOP ( Standard operating Procedures) , Training Manuals for new resources. #Learning #New Business #Allianz Partners #Travel Insurance #Premium and Claims Bdx #Insurance Allianz Partners

Are you attending the Corporate Jet Investor Asia (19 & 20 Sept) in Singapore? Don't miss the talk on why all insurances are not necessarily the same. Senior Aviation Underwriter at ITIC | Professional Indemnity Insurance for Transport Contractors & Professionals, Melanie Daglish, will be speaking on Wednesday about Protecting the professional approach; what makes professional indemnity stand out? She will also provide insight into the importance of working together and why it really makes a difference. #aviation #professionalindemnityinsurance #professionalism #CorporateInvestorJetAsia

Some good news for insurers! The Court of Appeal has made a decision in the case of Dassault Aviation SA v Mitsui Sumitomo Insurance Co Ltd [2024], which confirms that the primary agreement, which restricts the transfer of rights, does not encompass the assignment of those rights to an insurer in accordance with the Japanese Insurance Act. Insurers can find solace in this ruling, as it confirms that the automatic transfer of subrogation rights through legal means does not violate the non-assignment provisions in the original contract. Read the full case background and Court of Appeal decision ➡️ https://bit.ly/4bcyacJ. #Insurers #Insurance #Contracts

#Cargo_Transportation_Insurance Market Overview and Forecast Report to 2030 https://shorturl.at/DOY18 #Cargo transportation #insurance is a type of policy that provides coverage to different loss compensation and relevant charges of insured #goods or property while it is in #shipment from one to another place on any mode of transport. The mode of #transportation comprised land, water, and air. It consists of compensation for loss caused owing to accidents and natural disasters. Based on transportation mode, it is further segregated into land cargo insurance, #air cargo insurance, and #marine cargo insurance. The target audience of cargo transportation insurance involves import and export trade enterprises, #logistics companies, foreign investment companies, processing trade enterprises, and international engineering service companies. Marsh TIBA TRAVELERS INSURANCE COMPANY LIMITED Halk Sigorta INTEGRO GROUP Liberty General Insurance Chubb AGCS Aon Arthur J Gallagher Liberty Mutual Insurance AIG Marsh Swiss Re Zurich Insurance Atrium Samsung Fire & Marine Insurance Mitsui Sumitomo Insurance Group Munich Re Peoples Insurance Agency Sompo Japan Nipponko Insurance Thomas Miller Xl Group Public Limited Company Gard AS Tokio Marine HCC #cargo #insurance #transportation #shipment #cargoinsurance #logistics

Updated! Marsh's Energy Industry Conference (EIC) North America wouldn't be possible without the gracious support of our 25+ commercial and industry mutual sponsors, the first of whom are shown here. EIC North America takes place January 10-11, 2024 in Houston, Texas. Remaining spaces are limited, but we've expanded the room block in the past week and will keep it open for those still working through travel approvals and logistics. Neither an “Energy” nor a “Power” event…it’s both…consistent with our EIC events in Dubai and Sydney earlier this year, we’ve developed a program designed to support Traditional, Transforming and Clean energy stakeholders from across the spectrum, with tracks designed to address the risk issues most critical to each attendee. We have over 25 of the most critical global commercial and mutual insurance and reinsurance markets serving the specialty energy and power markets actively supporting this first-of-kind event. Nowhere else in North America can you efficiently access as many specialty underwriting leaders managing as much net and treaty capacity in one convenient domestic location. We’ll continue to update the sponsor list as we approach the event. Looking for the registration link? I will post in the comments section before close of play today, but don’t hesitate to reach out to your account executive directly in the interim if needed. #energy #powergeneration #risk #insurance #riskmanagement #marsh #marshspecialty AXA AIG Munich Re Convex Insurance GCube Insurance Allianz QBE Insurance Chubb Energy Insurance Mutual AEGIS Insurance Services, Inc. FM Global Travelers Liberty Mutual Insurance AXIS (AXIS Capital) Definity Æsir Insurance Services, LLC Robert Albino Blake Parrish Tane Abbott Christopher Roak Megan McClellan Jose Heftye David T Carlson Matthew McDonald David Liston Jason Clarke Fabrice Lebourgeois Mike Giacobbe Stephen McKay Christopher Lang Mark Pellerin, CFA Kate Della Mora Kerri Petri Katherine Gensheimer Friedman Alex Ackermann Michael Pellegrini

Explore the latest trends and insights in the aviation and space insurance market with WTW's Spring 2024 update. This comprehensive report sheds light on the current marketplace realities, including key challenges and opportunities for industry stakeholders. Stay informed on how these dynamics are shaping the future of aviation and space insurance. Dive into the full article for an in-depth analysis and expert perspectives.   Read more at: https://lnkd.in/daAAn_xc

Matt H., our Head of Multinational Insurance EMEA, talks about what is key in identifying a suitable multinational carrier. Matt expands on Sompo's capabilities and plans for the future of our Multinational business unit. Watch the video below 👇🎬 #Sompo #MultinationalInsurance

Read about new division; Acrisure Aerospace.

𝗠𝗮𝗿𝗶𝗻𝗲 𝗥𝗲𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝟮𝟬𝟮𝟯-𝟮𝟬𝟯𝟬. 𝗚𝗹𝗼𝗯𝗮𝗹 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 Reinsurance, often referred to as insurance for insurers or stop-loss insurance, is a strategic practice in the insurance industry where insurers transfer portions of their risk portfolios to other parties through agreements, mitigating the risk of substantial payouts resulting from insurance claims. The insurer ceding the risk is known as the ceding party, while the party accepting a portion of the liability in exchange for a share of the premium is the reinsurer. This practice allows insurers to maintain financial stability by recovering a portion or all of the amounts paid to claimants, reducing their net liability on individual risks, and providing protection against large or multiple losses. Furthermore, it empowers insurers to expand their underwriting capabilities in terms of both the number and size of risks, enhancing equity and solvency security, ensuring stable results during extraordinary events, and enabling the underwriting of a higher volume of risks without excessive administrative costs, all while ensuring substantial liquid assets are available in case of exceptional losses. 𝗧𝗼 𝗞𝗻𝗼𝘄 𝗙𝘂𝘁𝘂𝗿𝗲 𝗦𝗶𝘇𝗲 𝗮𝗻𝗱 𝗗𝗲𝗺𝗮𝗻𝗱 𝗼𝗳 𝗠𝗮𝗿𝗶𝗻𝗲 𝗥𝗲𝗶𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲. 𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/dTQzuHz9 *𝗕𝘆 𝗧𝘆𝗽𝗲: Proportional Reinsurance, Non-proportional Reinsurance *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Cargo, Hull and Machinery, Offshore Energy, Inland Marine, Marine War, Others *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Swiss Re, Munich Re, AXA XL, Hannover Re, Lloyd's, Berkshire Hathaway, RGA, China Renaissance 华兴资本, KOREAN RE, PartnerRe, GIC Re South Africa Ltd., MAPFRE, Alleghany Corporation, Everest, AXIS (AXIS Capital), Mitsui Sumitomo Seguros, Sompo Holdings, Tokio Marine HCC #marinereinsurance #reinsurance #proportionalreinsurance #marineservices #marineservice #nonproportionalreinsurance #cargo #hull #machinery #offshoreenergy #inlandmarine #marinewar #machine #reinsurance #marketsize #share #marinesolutions #marineindustry

We are excited to share our Chambers’ Expert Focus interview with Glen Brighton, Executive Director at Willis Towers Watson, in which we discuss the future of the aviation insurance market. From current geopolitical events involving the Ukraine-Russia and Israel-Palestine conflicts to the recovery from the COVID-19 pandemic to the reduction of aviation accidents, Glen provides his insights and predictions on how the aviation insurance market will likely be impacted and re-shaped. You can watch the full interview at the following link: https://lnkd.in/emBhyNWr #chambersandpartners #aviationinsurance #aviationfinance #aviationlaw #chambersglobal