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Strengths & Security
The key strengths of syndicate 5555 are:
Highly Skilled Team
An exceptional team of skilled individuals who have a wealth of knowledge and understanding of the aerospace market sectors.
Service Focused
Service excellence is a major differentiator helping Syndicate 5555 to provide the sort of service competitors have been unable to provide in the past. This is readily apparent in the immediate response and enthusiastic attitude to managing claims.
Innovative
Provision of innovative solutions that support the industry sector and help develop and maintain relationships with brokers and clients.
Effective Communications
The belief that the key to fulfilling product delivery is in open and clear communication at all levels and between all parties.
Strong Parent
Part of QBE Underwriting Limited, one of the largest and most profitable managing agents at Lloyd's, with £1.12 billion of underwriting capacity for 2008.
High Quality Paper
QBE (main underwriting entities rated S&P 'A+') as its ultimate parent company and provider of 100% of the syndicate's 2008 underwriting capital.
Corporate Strength
Integral relationship with QBE which provides access to sophisticated and mature corporate resource, to the benefit of the business and its clients.
Lloyd's Based
Operates solely out of Lloyd’s which, as well as the obvious security benefits, also provides the most convenient location for brokers.
Lloyd's Security
Lloyd's has a history of over 300 years, highlighted by its impeccable claims payment record. It conducts business in excess of 100 countries and is the world's leading insurance market.
It offers unique security to policyholders combined with the additional security given by the Central Fund. Lloyd's is Standard & Poors rated A+ (Excellent) and A (Excellent) by AM Best.
The Lloyd's of London web site contains more information regarding Lloyd's financial security.
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