Lines of Business
Aviation Reinsurance / Satellite (Syndicate 2010)
Lancashire Syndicate 2010 at Lloyd’s specialises in non-proportional aviation reinsurance treaty business and the Syndicate is a major established leader in this field.
The largest individual account area written comprises general excess of loss treaties protecting airline and major manufacturer insurers. The Syndicate also writes general aviation treaties (both proportional and non-proportional), aviation hull and liability (proportional and risk excess), hull war, and satellite business. The Syndicate is the Lloyd’s leader for the SATEC satellite binding authority.
This account is underwritten by Dan Warburg and David Frawley.
Non-Marine Property Reinsurance (Syndicate 2010)
Lancashire Syndicate 2010 at Lloyd’s specialises in non-proportional property treaty business.
North American regional catastrophe business is the largest single element of the property reinsurance account and Syndicate 2010 is a longstanding major Lloyd’s lead for this business. Property retrocession, international catastrophe as well as risk excess are all business areas in which Syndicate 2010 also has significant underwriting capability and expertise.
The team is split into North American including Canada and International, and is headed up by Matthew Westerman.
The North American and Canadian account is underwritten by Paul Edwards and Tom Sutton.
The International account is underwritten by Adrian Byrne and Lee Trett.
Aviation All Risks (Syndicate 3010)
Lancashire Syndicate 3010 at Lloyd’s writes a broad book of Aviation Hull and Liability risks (All Risks) and is recognised in the market for its leadership, especially of rotorwing aircraft. The account is geographically diverse with the emphasis of the airline account currently away from the USA and major airlines.
The Aviation All Risks account is underwritten by John Spence, Peter Neill and Gary O'Sullivan.
Cargo & Specie (Syndicate 3010)
Lancashire Syndicate 3010 at Lloyd’s is a leading underwriter of cargo business. The account written is a broad based worldwide one and includes specie, fine art and marine war business. The vast majority of the business written relates to the in-transit insurance of goods and commodities of every type and nature for commercial assureds ranging from some of the largest companies engaging or with interests in shipments and mercantile trade worldwide, to small, sole-trader type entities.
This account is underwritten by Alasdair Butler and Lee Aspinall.
Energy (Syndicate 3010)
The energy account of Lancashire Syndicate 3010 at Lloyd’s is written in conjunction with Lancashire’s market-leading energy account and is global in scope. The focus of the account is on Upstream Operational Coverages, including property damage, loss of production income, operators’ extra expense and third party liability, together with other areas of energy related business, such as upstream construction. Stand-alone catastrophe coverages are also written.
The account is underwritten by Craig MacKenzie who is supported by the full resources of Lancashire’s energy underwriting team.
Direct and Facultative Property (Syndicate 2010)
Lancashire Syndicate 2010 at Lloyd’s specialises in writing a broad book of worldwide commercial property business on both a direct and facultative reinsurance basis. The account is written in the open market and under binding authorities and has a geographical emphasis towards North American business.
The open market business encompasses property risks and commercial assureds of all kinds from the largest, most complex ones with multi location property schedules, down to small single location assureds. The binding authority element of the account focuses on small, largely commercial property risks.
The account is underwritten by Richard Wood, Matthew Narbett and Sean Mottram.
Terrorism and Political Violence (Syndicate 3010)
The terrorism and PV account of Lancashire Syndicate 3010 at Lloyd’s is written in conjunction with Lancashire’s market-leading terrorism and political risks account and is global in scope.
The focus of the account is on property physical damage and business interruption coverages for commercial assureds ranging from those with interests in single sites to those with multiple worldwide locations. Assureds include energy, real estate, utility, manufacturing, leisure, entertainment and hotel related entities.
The account is written by Emma Grimes who is supported by the full resources of Lancashire’s terrorism underwriting team.
Aviation Hull War (Syndicate 3010)
Lancashire Syndicate 3010 is a recognised market leader in both airline and general aviation markets. As leader of a number of the world’s major flag carriers, our underwriters have expertise in ensuring terms, conditions and claims handling match the fast evolving needs of clients. The team use detailed analysis and forecasting of political/terrorist threats globally in order to offer clients an up to date assessment of risks to assets. Syndicate 3010 leads three Lloyd’s War Consortia (Airline, Large General Aviation and Small General Aviation)
The Aviation Hull War account is written by Matt Thomas and Lottie Ransom.
Power and Utility (Syndicate 3010)
Lancashire Syndicate 3010 write a global portfolio of risks specialising in providing specialty line products and services for operational Power and Utility infrastructure clients. Offering capacity on multinational or localised account-specific programs, our clients range from S&P 500 companies to small independent power producers.
Risks are written on a direct or facultative basis with a focus on primary or quota share limits. Providing coverage for 'all risks' direct physical loss or damage including machinery breakdown and ensuing time element.
The account is underwritten by Alex Priestley and Becky Stephenson.