Property - MSIG At Lloyd's


Our highly experienced and accessible London Placement Property team has built an enviable reputation for innovation, coupled with a truly proactive approach to managing risk.

We are a leading Lloyd's syndicate and provider in Power and Utilities, Construction, Real Estate, Corporate-Risk Managed, Package, UK and European Facultative and International property.

We write both Primary and Excess of Loss covers along with Facilities and Binders.


MSIG at Lloyd’s - Syndicate 3210 has been underwriting Engineering business since 2001, and offers a team with extensive London market underwriting experience who work closely with our brokers and customers to provide tailored solutions to the Power and Utility sector.

Lloyd’s global licensing allows us to offer full global programme capabilities for multi-location and multi-territory customers through to the single location Independent Power Producers (IPP’s). Coverage is typically afforded on an All Risks basis including machinery breakdown and the ensuing loss of revenue for all forms of power generation and associated assets, plus midstream processing and other utility assets that will include water treatment.

Our experience enables us to offer leadership capabilities, and supported by a highly recognised claims handling team, we can provide bespoke products for power and utility assets.


We have a highly experienced underwriting team with the capability and support to deliver an outstanding proposition. We are proud to deliver a service led proposition which is widely recognised in the market today. We feel this helps to set us apart from our competitors.

Most of our business is written via the company market; however we also trade via our Lloyd’s box on a subscription basis. Our product caters for all types of property portfolios and provides extensive cover recognising the unique and evolving nature of the Real Estate sector.

With all underwriting, claims and risk management decisions being made locally through our regional network of offices; our Real Estate team is able to work in partnership with you to provide a fast and pragmatic solution for your insurance needs.

Our approach

  • To ensure timely delivery of a quality, competitive product throughout the life cycle of the cover
  • To tailor make the product with you to meet your needs on Underwriting, Risk Management, and Claims
  • To build a price which accurately reflects the unique qualities of your portfolio
  • To deliver a consistent service that will favourably differentiate us from other insurers
Expertise
  • The Real Estate team has been working together since 2005, and has a combined 150 years of insurance knowledge and expertise
  • The capability and support to deliver an outstanding service proposition
Understanding
We work with you to understand your needs, and use our:
  • Flexibility
  • Claims and Risk Engineering services
  • Global strength and reach
  • Total local autonomy (no referral to Head Office)
  • to provide a tailor made product for you
Appetite for Risk
Commercial portfolios, and selectively on Residential

Coverage
A fresh market leading “All Risks” and Liability wording, plus our ability to tailor covers for major customers.

We have a very experienced and longstanding Construction team at MSIG at Lloyd’s. Our main focus is the UK and we underwrite projects of various types and annuals (especially packaged policies).

Most of our business is written via the company market, however we also trade via our Lloyd’s box on a subscription basis where we will seek to provide lead capacity. We also underwrite international projects introduced to the London market.

Our capability is backed-up by an expert, internal Risk Engineering team.

We pride ourselves on offering a high level of service at every stage of the process. Our team also benefits from a very broad experience and we are therefore technically responsive and ultimate decision makers.

All underwriting and claims decisions are made locally. Our main strength is our diversity and our innovative approach to finding underwriting solutions for our brokers and their customers.

We are diverse in product - Projects and Annual Contractor policies including:

Coverage types

  • Contractors All Risks
  • Erection All Risks
  • Advanced Loss of Profits
Sectors
  • Building
  • Utilities
  • Ground-workers
  • Power generation
  • Water treatment
  • Property developers (commercial/office/retail)
  • Civil Engineering
  • Transportation
  • Pipe-laying
  • Heavy industries

We are diverse in our geographical reach - we underwrite international projects utilising our Lloyd’s licence.

We are diverse in our approach to underwriting – we look for solutions to write risks however complex and challenging.

When we write Annual Contractor packaged policies (EL/PL and CAR), we work very closely with our experienced Casualty colleagues (LINK) to offer the construction industry a joined up approach to underwriting, claims handling, and risk management.


Our highly experienced and empowered team of Underwriters aim to deliver a personalised service combining tailored insurance solutions including risk engineering, claims management and innovative programme design. With all of our team based on the same underwriting floor in Fenchurch Avenue, alongside our Corporate Casualty colleagues, we truly are a ‘one-stop shop’.

We are a respected lead writer of business, and we can participate as an influential follow office and can write primary, excess layer, full value placements, on either a direct or facultative basis. Unlike many, all of our underwriting and claims decisions are made locally, avoiding the need to refer to head office.

As part of the MS&AD Group, we benefit from the global reach and financial strength of one of the top ten non-life insurance companies in the world.


Our European Direct and Facultative proposition covers a broad spectrum of trades and you can find us either on the 3rd gallery of Lloyd’s at Box 376 or at our Fenchurch Avenue office.

Cover can be offered on a primary, excess layer, full value, stop –loss, facilities, or binders. Offering All Risks coverage, or Catastrophe only deals, we can tailor a solution to our clients’ needs. Unlike many, all of our underwriting and claims decisions are made locally, avoiding the need to refer to head office.

As part of the MS&AD group, we benefit from the global reach and financial strength of one of the top ten non-life insurance companies in the world.


MSIG at Lloyd’s underwrites via Syndicate 3210 and writes a full range of International Property occupancies and territories via a diversified distribution strategy, including Open Market D&F, Lineslips and Delegated Authority.

We are recognised for providing practical and progressive Property insurance solutions in a timely fashion, and the Box at Lloyd's is manned on a daily basis. Our focus is service to our brokers and cutomers, whilst at all times maintaining a thorough knowledge of the local markets we are trading in.

Unlike many, all of our underwriting and claims decisions are made locally, avoiding the need to refer to head office. As part of the MS&AD group, we benefit from the global reach and financial strength of one of the top ten non-life insurance companies in the world.

Global reach,
local decision
making
As part of the MS&AD group, we benefit from the global reach and financial strength of one of the top ten non life insurance companies in the world. Added to the Lloyd's chain of security, we are one of the most financially sound syndicates in the market today.
At MSIG at Lloyd's we promote a culture that is based firmly on treating customers fairly and producing good customer outcomes; whether that be our brokers, intermediaries or customers.




We understand that, in a market environment like Lloyd’s, brokers and customers have choices. That is why we strive to excel in five key areas

Key Contacts


Kevin Galer

Class Underwriter – Corporate (Risk Managed), Lloyd's Facultative & Package
Mob: (+44) 7971 386 227
Desk: (+44) 20 7702 6356

Darrell Huggins

Class Underwriter – Construction
Mob: (+44) 7976 516 285
Desk: (+44) 20 7702 6379

Mike Phillips

Class Underwriter - Real Estate
Mob: (+44) 7850 773 838
Desk: (+44) 20 3162 8361

I joined MSIG at Lloyd’s in 2011 as Portfolio Manager to underwrite European XOL, PFI, and Inwards Facultative, and am now the Class Underwriter for London Risk Managed, Package and UK and European Facultative. I began my insurance career in 1987, initially underwriting Engineering/Construction classes before moving into Global Property underwriting where I progressed to the role of Underwriting Team Leader. In 2001, after 14 years, I moved to a major European insurer, where I became the London Market Corporate Property Manager and, for 5 years, I managed a very profitable book of retail/wholesale primary and excess layer business.
I joined MSIG in March 2006 as a Construction Underwriter. I began my insurance career in 1989 at a UK composite insurer, underwriting traditional classes of engineering business such as Inspection Contracts, Machinery Breakdown and Boiler Explosion covers. In 1994 I transferred to the International head office to underwrite Erection All Risks and Machinery Breakdown Insurance on a worldwide basis. In 1997, I joined a major global reinsurer to underwrite worldwide Construction, Erection All Risks, and Machinery Breakdown, on a Direct and Facultative basis. I attained considerable experience of risk control/management surveys (as lead) representing the company as lead underwriter for specific projects in China (power station), Argentina (gas distribution) and various UK construction sites including Heathrow Terminal 5. During my time I also worked as a CAR/EAR Underwriter in Paris. I joined MSIG as it offered, and continues to offer, a good platform to continue my underwriting development in a Lloyd’s environment.
I joined MSIG as part of a team in 2011 as Class Underwriter to lead, develop and deliver the MSIG Real Estate proposition. I have over 32 years’ experience in the insurance industry working in various commercial underwriting and managerial roles. My previous role was Head of Specialist Markets for a major composite insurer.