QBE Syndicate 2999 Annual Report and Accounts 2009
QBE Syndicate 2999 Annual Report and Accounts 2009
QBE Syndicate 2999 Annual Report and Accounts 2009
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<strong>QBE</strong> Property <strong>Syndicate</strong> 2000<br />
Business of the syndicate<br />
<strong>QBE</strong> Property <strong>Syndicate</strong> 2000 is a leading<br />
syndicate operating in the Lloyd’s market,<br />
specialising in direct property <strong>and</strong> accident<br />
<strong>and</strong> health.<br />
Dedicated professionals within specialist expert<br />
underwriting teams have full authority to trade<br />
<strong>and</strong> clear accountability <strong>and</strong> responsibility for<br />
each account.<br />
As part of the product <strong>and</strong> distribution<br />
reorganisation undertaken in 2008, <strong>Syndicate</strong> 2000<br />
has become the exclusive vehicle for property<br />
<strong>and</strong> all accident <strong>and</strong> health insurance business<br />
within umbrella syndicate <strong>2999</strong>.<br />
Property Direct <strong>and</strong> Facultative<br />
Mark Abrahams<br />
We have a worldwide property account<br />
predominantly at present in North America,<br />
for business ranging from small surplus lines<br />
commercial <strong>and</strong> light industrial risks to larger<br />
Fortune 1000 type accounts. We are still willing,<br />
<strong>and</strong> have the capacity, to write catastrophe<br />
exposed business worldwide.<br />
Property Binders<br />
Martin Rowling<br />
We underwrite a select number of property<br />
related <strong>and</strong> commercial vehicle facilities,<br />
enabling agents to bind, on underwriters’ behalf,<br />
a comprehensive portfolio of business in the<br />
agent’s office. Business under these contracts,<br />
predominantly for US based agents, ranges from<br />
small to medium sized commercial <strong>and</strong> industrial<br />
risks, homeowner/condominium <strong>and</strong> real estate<br />
type risks <strong>and</strong> selective catastrophe peril<br />
facilities.<br />
Bernard Mageean<br />
Managing Director<br />
Accident <strong>and</strong> Health<br />
John Moffatt<br />
<strong>Syndicate</strong> 2000 has developed a broad range<br />
of insurance products supported by extensive<br />
experience in all classes. The syndicate has<br />
dedicated professionals specialising in general<br />
personal accident, high risk personal accident,<br />
sports personal accident <strong>and</strong> film <strong>and</strong> contingency.<br />
Claims<br />
Andrew McBride<br />
We provide a professional, effective <strong>and</strong><br />
efficient claims service to our clients <strong>and</strong> their<br />
agents. Our claims h<strong>and</strong>ling expertise is used<br />
by our underwriters to ensure our future<br />
underwriting success.<br />
<strong>2009</strong> Portfolio split<br />
2<br />
3<br />
£94<br />
million<br />
1<br />
1 Property Direct <strong>and</strong><br />
Facultative 66%<br />
2 Property Binders 27%<br />
3 Accident <strong>and</strong> Health 7%<br />
11<br />
<strong>QBE</strong> <strong>Syndicate</strong> <strong>2999</strong><br />
<strong>Annual</strong> report <strong>2009</strong>
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