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The London Fruit & Wool Exchange
London E1 6EX |
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LPH Pitman Limited offers insurance and/or reinsurance capacity in a wide range of Treaty, Facultative and Specialist classes including, but not limited to:
Placement - LPH's team of brokers with long standing relationships in both the London and international markets will structure and negotiate the best possible type of cover and terms on your behalf. We aim to provide the highest quality service with notification of terms within 24 hours. Claims - LPH's claims department provides a fast and efficient service processing advices and settlements within 24 hours, with prompt collection of any claims or cash losses. Accounting - LPH's accounts department delivers regular status reports of the client's account, coupled with expedient settlement of any amounts due to maximise cash flow, thus maximising potential investment income. Wordings - LPH prepares and distributes wordings specifically tailored to client requirements, formalising reinsurance contracts. Our aim is to provide peace of mind that the insurance is working, by providing specific, tailor-made covers placed with the highest class of security available. We arrange cover for individuals, groups or companies on either a direct or facultative reinsurance basis, as well as treaty reinsurance for insurance companies worldwide. We can also arrange cover to protect individuals for certain exposures usually excluded from traditional policies. Binding authorities and facilities We arrange various facilities, including Lineslips and Binding Authorities, to provide automatic and semi-automatic coverage for specified classes and perils. This allows our clients, either smaller insurance companies wishing to protect the exposures that exceed their treaty protections, or tribunalised brokers who can demonstrate an in-depth knowledge of the particular class and territory, to offer cover immediately, within certain parameters, on time sensitive business. We arrange varied covers for all eventualities including but not limited to the risks of non-appearance, cancellation, abandonment, over redemption and incentive bonus. Within the LPH Group we arrange various coverages for Financial Institutions, including Political Risk, Credit, Residual Value, Bankers Blanket Bonds, Computer Crime and Employee Fraud, as well as innovative packages for our clients' needs. Our success in this area led to LPH Pitman Limited being awarded The Queen's Award for Export Achievement in 1994. We provide full Fire and Allied perils coverage on both a treaty and facultative basis for insurance and reinsurance companies worldwide. Our placements are designed to protect our clients' exposures on both a single risk basis and on their entire book. General Liability coverages are arranged on both a direct and reinsurance basis for individual companies and insurers and reinsurers wishing to protect their exposures. We also arrange the placement of specified non-marine liability coverages, giving our clients complete peace of mind. We arrange Kidnap and Ransom cover on a direct and reinsurance basis. We have a number of clients around the world for whom we have arranged K&R Insurance. We also have several Reinsurance clients whose K&R accounts we have protected on a Proportional, Excess of Loss and Facultative basis. Additional coverage provided includes Product Extortion, Revenue Extortion, Personal Accident and Life coverages. We arrange direct and reinsurance coverage for Physical Damage and/or Liability on a group package basis for trucks, trailers, hire vehicles and private autos. Our expertise is in Commercial Lines products and we do not therefore provide Personal Lines protection. We have recently concentrated our activities and expertise in territories with a large exposure to Natural Catastrophe Perils, such as Earthquake, Windstorm, Flood, Typhoon, Tidal Wave and Volcanic Eruption. Our placements are designed to cover single or multiple schedules of property, for any class of risk, in all territories around the globe. Additional coverages, such as Fire Following and Business Interruption, are also available for the complete protection. Our clients range from small businesses to multi-national corporations. They all appreciate that with the change in global weather conditions they must be sure that their coverage is appropriate. We also arrange reinsurance and retrocession coverage on both a proportional and non-proportional basis for companies wishing to protect their entire book. For more information please contact David Howard.
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