Posted in News on 05 Mar 2019

As the corporate world becomes increasingly unpredictable and litigious, a comprehensive risk management strategy is essential. To be truly effective, property insurance requirements are most comprehensively met by having the ability to quickly access London based expertise.

Alesco has the specialist knowledge, expertise and access to some of the world’s leading insurance markets, both here in London and in global centres of insurance.

With over 30 specialists, offering experience insuring more than 25 different industries and 300 years’ combined personal experience in property damage and business interruption insurance, our team is one of the largest in London.

We operate right at the heart of the Lloyd’s and London company insurance market, with fast, easy access to other key international insurance markets in over 70 countries – including Europe, Bermuda, and Singapore. We offer design, placement and servicing for global portfolios or single assets across a broad range of industries, specialising in sectors from food processing, chemicals and pharmaceuticals, through to mining, heavy industry and engineering, rail, retail, media and telecommunications public sector, and real estate & hospitality.

What makes us different?

Extensive experience and direct access to a global network of insurers and underwriters

Alesco’s Property Team consists of individuals with an array of different industry specialisms. The majority of our team have worked together now for over 15 years, with extensive networks that reaches across the London and international insurance market.

Speed of response and innovative solutions to meet evolving demands

We pride ourselves on being responsive to changing environments. Direct access to the London market allows us to address our client’s requirements – especially when their requirements have higher risk parameters or values that extend beyond what smaller wholesalers are able to facilitate. This allows us to develop new, specialist cover as risks change, increase, or as capacity fluctuates and insurer appetites evolve.

Designated regional sub-team support

We have dedicated Property sub-teams to provide support to global Alesco offices, including a unit that works specifically with our Alesco colleagues in the US, enabling them to utilise the London, European and Bermudian markets for complex placements and excess lines.

Coverages include:

  • All Risks
  • Stand-Alone Catastrophe
  • DIC
  • Second and Subsequent
  • Clash Coverages
  • Spot Location
  • Portfolio Protection
  • 24/36 Month Policies
  • Alternative Risk Transfer (ART).

Limits/Layers include:

  • Primary
  • Buffer Excess
  • High Excess
  • Quota Share
  • Deductible Buydowns.

Industry Niches include:

  • Public Entity
  • Scholastic
  • Religious
  • Not-for-Profit
  • Retail
  • Real Estate
  • Hospitality
  • Habitational
  • Restaurants
  • Agri-business
  • Life Sciences
  • Food
  • Media/Telecommunications
  • Hi-Tech
  • Pharmaceuticals
  • Mining
  • Healthcare
  • Manufacturing.

Who we work with

We are able to offer clients broad, bespoke and competitive insurance solutions capable of maintaining your commercial operations effectively in the event of a loss, including:

  • Property Damage and Business Interruption coverage
  • Risk Consulting & Analytics including risk assessments, due diligence, risk engineering, claims training
  • Captive and other ART solutions.

 
About Alesco
 
   
  Alesco is a specialist insurance and risk management business located in the heart of the City of London. Founded in 2008 by a team of experienced professionals, we provide a wide range of risk-management services and insurance solutions which are fundamental for protecting organisations. We work closely with underwriters in the London markets, in key global insurance centres, and with local broking partners in 150 countries.

   

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