With specialist brokers based in London and offices around the world, and with one of the largest independent broking teams in this sector, the THB Worldwide Property Division (formerly THB North America and THB Global Risks divisions) accesses international insurance markets to place property insurance and/or reinsurance protection for clients in countries around the globe, often for risks with significant natural catastrophe exposure, large capacity exposures, industry specific exposures or risks of major national importance.
THB Worldwide Property can access competitive protection and tailored solutions due to its long standing reputation with underwriters within Lloyd's, the London insurance market and other world markets, providing individual solutions for catastrophe risks in exposed areas. We also work extensively in specialist areas such as political violence and sabotage & terrorism protection along with portfolio solution (e.g. facilities or schemes) for a wide variety of risks internationally.
Our professional, proactive and innovative approach to broking special risks means that the underwriters with whom we work consider each case presented on its individual merits. The team prides itself on the ability to be innovative, flexible and creative in an ever challenging market place. Indeed, many types of cover generally available today were initially developed and pioneered by THB in association with such underwriters.
In recognition of our broking and risk assessment expertise we have binding authorities to underwrite special and high risks immediately without prior referral to underwriters. Our strengths in broking, claims handling and administration, together with our advanced IT capabilities, enable us to provide what we consider to be the very best of insurance coverage and service to our clients.
For the natural resources sector, mining, utilities and power generation organisations, the team’s insurance and reinsurance portfolio solutions include offering specialist independent assistance with risk management surveying, valuations and exposure analysis. This benefits the client both directly and through potentially preferential arrangements with insurance and reinsurance carriers.
We also have technical strength and independent connections in many areas throughout the world, where the local licensing and protocol differ widely from the UK or USA and we are able to bring these connections to assist and deliver compliant placements internationally. Within our team we also provides a fully integrated Claims Advocacy service focused on delivering the optimum claims settlement outcome for our clients.