Press release -
BARBICAN SYNDICATE 1955 AT LLOYD’S TO JOIN HOME & LEGACY HOUSEHOLD PANEL
High net worth insurance specialist, Home & Legacy, has announced that Barbican is set to join its household insurance panel.
Joining this month, Barbican will compete with existing panel members to underwrite Home & Legacy’s Prestige and Ultra Home products.
Commenting on the partnership, Adrian Ewington, underwriting & product manager at Home & Legacy, said: “We are extremely confident that the addition of Barbican will help facilitate profitable growth by giving brokers greater choice and flexibility - increasing their opportunities to win and retain clients in this growing market.”
He added: “Our unique panel arrangement provides broker partners with access to exclusive rates from a number of top insurers – working with Barbican will allow us greater flexibility and an even more competitive approach. This partnership is the latest example of our ongoing investment in our products, pricing, sales and distribution capabilities to meet the needs of our brokers.”
Austyn Tusler, head of UK insurance at Barbican, said: “Home & Legacy’s broad broker base and commitment to profitable growth make them an ideal partner in the high net worth market. Over the past year we have significantly strengthened our core underwriting business and believe that Barbican is well positioned to continue to deliver effective solutions to brokers and customers."
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Notes to editors:
1. Home & Legacy Insurance Services Limited is an independent mid and high net worth insurance provider offering high quality insurance policies that are underwritten by a choice of five of the UK's leading insurers at exclusively negotiated rates. The company is a wholly owned subsidiary of Allianz Holdings plc.
2. Formed in 2007, Barbican Group Holdings is an insurance group writing business predominantly through its syndicate at Lloyd’s. It also has a non-Lloyd’s financial solutions business based in Guernsey which offers commercial insurance solutions to the Channel Islands. Barbican Syndicate 1955 at Lloyd’s has a stamp capacity of £210m for the 2013 year of account and underwrites cyber liability, financial and professional lines, healthcare liability, international casualty reinsurance, marine insurance, marine reinsurance, North American casualty reinsurance, property, property reinsurance and corporate, middle market and scheme/affinity group clients in the UK and Ireland.
For more information contact:
Amanda Biles, communications officer, Allianz Insurance plc
Tel: 01483 552849
Mobile: 07515 315200
Email: amanda.biles@allianz.co.uk
Damian Beeley, Partner, Pelham Bell Pottinger
Tel: 020 7861 3139
