Why would a small international buyer come to London?
In this IIL reinsurance lecture James Grindley explained some of the reasons why London attracts certain smaller cedants from overseas, and some possible ways London reinsurers can be more accessible to smaller, international buyers. He also gave some examples of why these buyers do not come London and ways that London can improve in this area.
In his lecture, James highlighted some of the well-known attractions of reinsuring in London such as the prestige and association of partnering with the respected global specialist insurance market. He also explained how smaller companies leverage on their reinsurance relationships with strong reinsurers and covered the strengths and role of Lloyd's Brokers in the process.
By the end of this lecture members would have gained an insight into:
- Reinsurance priorities of small, international buyers
- Buying mentality of smaller international buyers
- The importance of good reinsurance brokers for small international buyers
Speakers Bio:
After 11 years in the Lloyd's Market, James joined Aon Romania in 2007 based in Bucharest to focus on reinsurance in Central and Eastern Europe. He joined CertAsig Insurance Company, becoming CEO in 2010. James in a non-executive director of the Romanian Catastrophe Insurance Pool and the British Romanian Chamber of Commerce.
Chair:
Edmond Wodehouse, Partner, JLT Re.
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