At the heart of the Barbican Insurance Group, Barbican Syndicate 1955 has a stamp capacity for 2010 of £180million. The syndicate is made up of these five specialist underwriting divisions covering ten different lines of business.

Marine, Aviation and Transport

The Marine, Aviation and Transport division encompasses both Marine Reinsurance and Marine Insurance. It underwrites General Aviation and Aerospace business as well.

David Booth is the Divisional Manager supported by Underwriting Manager, Harvey Jacobs.

Non-marine Reinsurance

The Non-Marine Reinsurance division incorporates three different lines of business. They are International Casualty Reinsurance, managed by Andy Caldwell (who also heads up the whole division); North American Casualty Reinsurance where John Pilkington is Divisional Manager; and Property Reinsurance with Underwriting Manager, Aaron Coates.

Property

The Property division operates in two sectors: Open Market and Binding Authorities. This division, managed by Conor Finn, also includes Nuclear Insurance.

Specialty

The Specialty division takes in three separate portfolios—all currently overseen by Mark Harrington. Healthcare Liability with Underwriting Manager, Andy Hornsblow; Cyber Liability where Gareth Tungatt is Underwriting Manager; and Financial & Professional Lines run by Underwriting Manager, Andrew Pearson.

UK Insurance

The primary focus of the UK Insurance division is on corporate, middle market and scheme/affinity group clients in the UK and Ireland. Stuart Kilpatrick is Divisional Manager.

Barbican Channel Islands also comes under this division, offering commercial insurances specifically designed for the Channel Islands marketplace.

Barbican Insurance main switchboard number

020 7082 1955

Our availability at the box

Deepwater no market changer

Losses from the Deepwater Horizon oil rig disaster will not have the same impact on the upstream energy insurance market as Hurricane Katrina in 2005, so claims insurance broker, Marsh, in its latest report.

Apollo ups Brit offer

US private equity firm, Apollo Management, is moving nearer to its takeover goal with Brit agreeing to access to its books and considering an increased offer of £10.75 a share.

Beazley triple profit hike

Lloyd’s of London insurer, Beazley, report its first-half profit has more than tripled on higher sales and a foreign-exchange gain. Net income climbed to $97.9 million in the six months to June 30 from $31.2 million a year earlier.

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This is demonstrated by Lloyd’s ‘chain of security’ and recognised by Lloyd’s financial ratings. For more information about how Lloyd’s operates, go to: www.lloyds.com .

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