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.
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Restructuring, Recovery & Insolvency
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
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
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.
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
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.