Direct Insurance advice and intermediary services for buyers of commercial insurance in all major sectors. Setting strategies, budgets, market tactics, self insurance plans and alternative forms of balance sheet transfer.
Major Sectors – heavy industries, oil ,gas and their byproducts, petrochemical, storage, distribution and transportation, operators, coal and mineral extraction, water, steam, power, renewables (wind and solar), telecommunication, contractors, consultants, service industries, property owners and developers, marine and aviation, financial institutions and professional advisers.
Providing end buyers with access to the global reinsurance capacity, both facultative or treaty. Working in partnership with a major international Lloyd's broking company, an independent perspective can still be applied to ensure that such access to the market is optimised. Formation of captives and self insurance plans also considered.
Major Products - standalone and package risks, on and offshore operating and builders risks, specialist liabilities including pollution and clean up, financial loss, cargo, transportation, tankers and hulls, war terrorism and political risk, international property, treaties, aviation risks, refuelling liabilities, financial institutions and professional liabilities.
The promotion of an independent, impartial and confidential service meant that IANDA Limited had to give considerable thought to the abilities and resources of any broking house that would provide the day to day expertise in the Insurance, Reinsurance and Project Advisory sectors. The qualities of one Broking Company in particular far exceeded any of the alternatives. Consequently, IANDA Limited signed a production sharing contract with Arthur J Gallagher (UK) Limited in June 2003.
Arthur J Gallagher and Co is an American firm by birthright and was formed in Chicago in 1927. Headquartered in Chicago, they have grown into the fourth largest broker in the world, measured by revenue. Total Revenue in 2002 was US$1.1 Billion and Net Earnings /Profit wasUS$129.70 million. The staff, now numbering more than 7000, has developed within a culture of teamwork, professionalism and creativity. There is a high level of staff reward and loyalty.
Arthur J Gallagher (UK) Limited is the London broking activity of the holding company. The London operation opened in 1974 and was one of the first American Brokers licensed to trade at Lloyd’s of London. Designed to address all areas of direct, wholesale and reinsurance business, the Company has seen rapid growth more particularly since the turn of this century. Given many of Arthur J Gallagher and Co relationships around the world were ones of correspondence as opposed to investment; it has allowed the wholesale arm to operate without restraint or conflict of interest. This has resulted in high quality teams being attracted to the open flexible and commercial culture of Arthur J Gallagher (UK) Limited. Over 340 people now work for the company in the UK and it continues to grow.
Certain carefully selected regional offices have opened around the world to assist in the strategic growth of the Group, the two highest profile being in Bahrain and Singapore.
More detail of the group can be found on the web site - www.ajginternational.com.
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