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haucer is a leading insurance group underwriting risks at Lloyd’s, the world’s specialist insurance market. It deploys specialist underwriters in all major insurance and reinsurance classes, including aviation, casualty, energy, marine, property and treaty. Chaucer has offices in London, Copenhagen, Miami and Singapore and is the focus of international operations for The Hanover Insurance Group, Inc. Based in Worcester Massachusetts, The Hanover is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States.
www.chaucerplc.com Henry Croft-Baker, Partner
as the Middle East and Africa. These teams have an in-depth knowledge and strong understanding of the local market needed to ensure we can deliver tailored solutions to our clients in these regions.” All-told, Alesco’s reach encompasses 150 countries, but not many regions present the same level of untapped opportunity as Africa however. Matson continues: “Team members have been working with clients in Africa for nearly 20 years. We have not, as yet, opened an office in Africa but it is a region where our clients are investing more and more and consequently it is becoming an increasingly important geographic focus for our business. We have established a crucial partnership with a firm in Durban who are a vital cog in our ability to deliver the best solutions for our clients. “With so much focus on renewable
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Our people are the most important aspect of Alesco. As we have grown, while other brokers have contracted, stood still or been acquired, we have been able to hire the best clientfocused specialists in the market
energy in Africa we have successfully negotiated an industry-specific facility for clients engaged in these projects. There is also a heightened awareness of exposure to political risk and political violence to which our insurers and reinsurers have responded very supportively.” Working alongside the World Bank to hone the angle of provision on the continent, the need to remain locally relevant despite its international influence is pivotal in each region of operation and no more so than in a traditionally domestic-centric African energy sector. “We actively promote the use of domestic African insurance capacity where this is available as a means to enhance our service offering and to maximise the best of what is available in Africa,” the CEO states. “However, there always needs to be a thorough check on the terms and conditions that lenders and international investors will expect on insurance contracts,