Insolvency

JLT Specialty’s insolvency team provide a wide range of products, services and solutions to those operating in the world of restructuring, turnaround, civil recoveries and insolvency.

We provide:

  • Bespoke risk transfer products to match our clients' exposures
  • Solutions to allow our clients to transact their business
  • Service based on strong relationships
  • A dedicated case manager on each appointment who manages the case from appointment to case closure, supported by a designated account manager who is responsible for the provision and delivery of the services
  • Risk management advice in relation to the exposures our clients may face, whether it be property loss, legal liabilities, health & safety to cyber, terrorism attacks.

WHAT WE DO

Insolvency 
  • Advise insolvency practitioners, law of property act receivers, professional services firms, legal advisers and capital providers based upon our assessment of their risk requirements. This is prior to the inception of any insurance or risk solution which we effect on their behalf
  • Provide immediate cover within our insolvency scheme which gives immediate cover following an appointment (subject to policy wording and conditions)
  • Provide advice and guidance on all matters relating to insurance including health and safety, risk management, as well as all matters relating to claims including claims run-off
Insolvency 
  • Provide site visits, health and safety reviews, risk surveys and deliver a transparent rationale for placement decisions
  • Support turnaround and restructuring professionals in the risk transfer process; from warranty and indemnity insurance, historic liabilities ring fencing, and managing insurance programs due diligence and personal liability risk transfer
  • Provide transparency and clarity to the rationale behind each decision of the advice and insurances we place for our clients
  • Specific client insurance training to assist in the understanding of their risks and insurance needs.

WHY JLT

Insolvency 
  • We are able to develop answers to your problems that are bespoke to you. We have the flexibility and connections with the market to build unique products specifically with you at their heart
  • We will speak to you in a language you will understand and we will explain any complexities so that you know exactly what service you are getting and what you are covered for. We can explain the particulars of your cover in a clear and concise way for your peace of mind. We believe that our clients should know how to activate their policy should they need to and our ability to provide clarity is fundamental to that
Insolvency 
  • Our unrivalled relationships to the right insurers in the market, dealing with them every day, means that we can leverage not only the price but also the coverage
  • Our promise is to always provide wordings that are robust and evolving as your industry develops. We take into account new exposures which test the market. We ensure the most competitive package is available to you
  • We do not outsource claims management. Our claims team are based in our London HQ, working side by side with our broking specialists and are available to advise our clients whenever needed. This means you always deal with people who understand you and your business which is useful at the best of times but essential in the event of a claim.

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