Presentation at the iNED workshop

At the end of September, Bev FitzGerald gave a presentation to over 90 attendees at a prestigious iNED workshop held by the Worshipful Company of Insurers in London. iNED is aimed at Non-Executive Directors and other senior personnel involved in the insurance industry. The workshop focused on managing Catastrophe incidents from a Board perspective.

Bev’s presentation highlighted lessons learned from our company’s experience gained in supporting insurers on numerous CAT incidents and, especially, the sequence of earthquakes in New Zealand. Additionally, he stressed in the great value of pre-incident scenario planning, where we have provided insurers with advice which can save many millions of $.

 

Paulo Correa our new FCLA MD

We have exciting developments in our Chilean-based business, FitzGerald Consulting Latin America Ltd. First of all, our present MD, Juan Ignacio Alvarez, who successfully launched our business there several years ago, is moving on to become CEO of what used to be QBE, Chile. He and others have recently purchased this business which in future will trade as Unnio. We wish Juan Ignacio and his colleagues there every success. He is a dear friend and business associate and we anticipate this personal and business relationship not just continuing, but growing over the coming years.

Juan Ignacio’s role as MD of FCLA will be filled by Paulo Correa. Paulo is a first-rate individual who has run his own businesses in Chile for many years. He has considerable experience of the insurance and property/construction markets both in Chile and throughout the wider Latin American Market. We are delighted to welcome Paulo to our company and are confident that our business in Chile will continue to grow and prosper under his management.

We welcome three new associates

As part of our continuing expansion to provide our new and existing clients with additional services, both in terms of disciplines and territories, we are delighted to welcome three new associates –

Nigel Greenhalgh is a highly experienced loss adjuster with particular expertise in the construction and building-related industries.  He is a chartered quantity surveyor and also has several chartered building qualifications.  Nigel was part of our team in New Zealand, working on the sequence of earthquakes there in 2010/2011.

Alan Jervis has 39 years’ experience of working in the insurance industry, often at very senior levels, both as an Underwriter and in Claims.  He is an international marine and transportation practitioner, with a wide range of cases and projects.  He is an experienced expert witness

James (Jim) Kelly has worked in the insurance industry for over 25 years.  He is a highly experienced and expert insurance Claims executive who has worked with numerous clients to support them in achieving significantly improved Claims performance and profitability.  Jim has developed leading-edge programmes which can be customised to individual clients to meet their particular needs.

Grenfell Tower fire

UK – Grenfell Tower fire – appointed by major insurer, a new client, to handle potential liability claims arising from this tragic incident.

 

 

Upper Grenfell Tower By ChiralJon (https://flickr.com/photos/69057297@N04/35353492476) via Wikimedia Commons

International Risk Management Conference

Our MD, Bev FitzGerald, recently attended and spoke as a keynote speaker at a conference in Kazakhstan. The XIIIth International Risk Management Conference in that country was held in Almaty. It attracted over 200 attendees from 40 different countries and included high-level speakers from the Kazakhstan Stock Exchange and other State authorities. In addition to giving his own presentation, Bev joined a very interesting panel debate on geo-political issues in Central Asia and was also interviewed by the local national television station.

Read the FCL Summary

Bev Fitzgerald and Tulegen Askarov

Bev on the panel at the International Risk Management Conference

Bev delivers his keynote speech in Kazakhstan

Bev on television

FCL’s Audit & Review Business

FCL’s Audit & Review Business – The recent developments on the Ogden rates in the UK, which will necessitate insurers reviewing and increasing their reserves, combined with several new associates joining the company, gave a good opportunity to summarise and promote this important side of our business. Graeme Shurben led this process – please see new ‘flyer’ which has been sent to all our clients and other connections in the Market.

Read the Audit Flyer

CAT planning

Bev FitzGerald has just returned from Canada where he devised and facilitated a CAT scenario for an insurer client there. This involved severe damage to Vancouver City following a major earthquake off the coast of British Columbia. The scenario test was attended by the client’s senior management and proved an excellent opportunity to take key learnings from a hypothetical rather than an actual event. Experts predict such an event is a very high risk that could not only seriously impact the insurance market in Canada, but also its entire economy.

European Audit

The company has just been appointed by a major UK insurer to carry out an audit throughout several European countries. This is where the international network that we have built up over the years comes into its own. Local auditors in the territories, including colleagues from our global network partner, Context International, will be supporting our own UK-based people to provide our client with a strong mix of skills.

Joint working agreement with Mandiri Adjusting

Announcement Indonesia

FitzGerald Consulting and Mandiri Adjusting are delighted to announce that they have agreed a joint working arrangement which comes into effect on 1 February 2017.

Mandiri Adjusting is a new, first-rate adjusting business based in Indonesia. Operating with experienced and expert loss adjusters, Mandiri handle Property, Business Interruption, all Liabilities and Marine classes of insurance claims.

Over the past few years, FitzGerald Consulting has significantly expanded its business in the Asia Pacific Region, especially through its dedicated company, FitzGerald Consulting Asia Pacific.

Indonesia has a fast-growing economy, particularly with strong infrastructure investment offering the insurance Market opportunities in property and construction risks.

Mandiri Adjusting will provide local, specialist adjusting in Indonesia and FitzGerald Consulting will offer supplementary technical expertise and its global reputation, particularly via the London insurance Market.

For further information please contact –

FitzGerald Consulting – Katy Emerson at katy@fitzgeraldconsulting.co.uk

Website – www.fitzgeraldconsulting.co.uk

Mandiri Adjusting – Bambang Pariadjie at bambang@mnt.co.id and/or Meru Andriyasto at meru@mnt.co.id

6th Annual Claims Management Conference

Bev FitzGerald was invited to speak at the 6th Annual Claims Management Conference in Amsterdam which took place on 26/27 January this year. This event was attended by over 100 representatives from the European insurance Market, covering 32 countries and a wide range of business functions. Bev presented a talk entitled – ‘Your CAT doesn’t need to be a Disaster’ – which was very well received.

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