International Professional Lines

International coverage incorporating Excess D&O Liability, Financial institutions, Professional Indemnity and Cross Class Binders.

Management Liability and Financial and Professional lines lie at the heart of what being a specialty insurer and reinsurer actually means. We offer bespoke products backed by an unparalleled level of expertise and service that leads to our clients treating us as close partners. Our appetite is broad in terms of industry sector and territory. With our deep product knowledge, expert claims team who are committed to handling all claims efficiently and promptly, we believe we are the best-in-class end-to-end partner.

Michael Kemble Head of International Management Liability & Professional Indemnity

Unparalleled levels of expertise and service

We offer bespoke products backed by an unparalleled level of expertise and service. Our appetite is broad, both in terms of industry sector and territory. Our aim is to build long-term, mutually beneficial partnerships with our clients.  

We have a flexible underwriting approach and a clear upward decision-making process. With our expertise, high-level of service and product offering, we believe that we are the best-in-class end-to-end partner.  

 

Products

Financial Institutions

Target classes:

  • Broad appetite including Banks, Asset /
    Investment Management, Financial Infrastructure
    and Insurance companies
  • Growing our US and UK portfolios and our
    investment management / asset management
    and Crime book
  •  Do not write US traded Side A, B, C

Core territories:

  • UK
  • USA
  • Australia

Underwriting platforms:

  • Lloyd’s Syndicate 4711 and Lloyd’s Brussels
    Syndicate 5383

Excess Directors and Officers Liability Insurance

Target classes:

  • Excess D&O Business only
  • International portfolio of FTSE 100, S&P 500, ASX,
    NYSE, Nasdaq, LSE and private/SME entities
  • Can offer Side ABC, AB, A, Side A DIC and POSI
    capacity
  • Broad appetite across sectors including;
    Manufacturing/Industrial, Communications,
    Technology and Utilities/Renewables companies
  • Sectors that are considered with caution:
    Retail, Construction, Life Sciences

Target territories:

  • UK
  • Canada
  • EU
  • Australia

Underwriting Platforms:

  • Lloyd’s Syndicate 4711 and Lloyd’s Brussels
    Syndicate 5383

International Professional Indemnity

Target classes:

  • Architects
  • Accountants (non-US domiciled)
  • Actuaries
  • Design & Construction *
  • Engineers
  • Insurance Brokers (Lloyd’s and non-Lloyd’s)
  • Law Firms (non-US domiciled) *
  • Miscellaneous Service Providers
  • Surveyors *

* Please note;
1) D&C (target firms sub £150m t/o, excluding cladding, glazing,
roofing & waste to energy specialists)
2) Surveying Firms; we do not write RICS primary layers
3) We do not write IFAs
4) We do not write primary UK open market law firms

Method of placement:

  • Open Market, DUA and Lineslips all considered

Target territories:

  • UK
  • Canada
  • Europe
  • Australia
  • Other territories (including USA) can be considered

Underwriting platforms:

  • Non EEA exposure written by Aspen Lloyd’s
    Syndicate 4711.
  • EEA/EU exposure can be written using Lloyd’s
    Insurance Company S.A. ASP 5383 (reinsured by
    Aspen Syndicate 4711)

Cross-Class Binders

Aspen’s Lloyd’s based Cross-Class Binders (CCB) was set up in 2019 to look at offering large scale coverholders a singular solution to multi-product offerings.

We look to offer a portfolio solution for MGA/MGU’s who are looking to
streamline their capacity providers and can offer a ‘One Aspen’ approach.

Offering:

We are class agnostic and can offer products across FinPro, Casualty, Property and Specialty lines of business. To facilitate this, we have in-team expertise in Lloyd’s delegated underwriting authority, actuarial, underwriting and financial analysis functions.

This offers clients a full-service approach to underwriting their business and we look to utilize this expertise in making our offering bespoke to each client. We look at each opportunity on its own merit and will maintain the overall appetite of Aspen’s Lloyd’s Syndicate. This gives a unique offering to MGA’s who are looking for long term solutions partners with a strong performing Lloyd’s syndicate.