insurance practice · house facility backed by catlin insurance company (uk) ltd. our latest...

J. Safra Sarasin Brokerage Insurance Practice

3

J. Safra Sarasin Brokerage

Introduction

Based in the heart of London’s West End, J. Safra Sarasin Brokerage is ideally located to

provide specialist insurance products and risk management advice to both private and

commercial clients who expect only the very highest levels of service and expertise.

Through bringing together a wealth of knowledge and experience, we specialise in arranging all manner of high net worth insurances for clients worldwide.

We have created a bespoke Fine Art facility that can insure collections with values of up to USD 400 million (any one location). This facility is one of the largest in the world and is underwritten by Lloyd’s of London.

We also offer market leading coverage for your residential properties, where our capabilities not only include accessing some of the world’s leading insu rers, but we have also created our own in house facility backed by Catlin Insurance Company (UK) Ltd.

Our latest venture has been to increase our profile in the super yacht sector. We now have a Lloyd’s of London supported facility allowing us to insure all classes of yacht, bespoke to the individual, for values up to USD 100M. As with our art

arrangements, should these values be exceeded, we have means to place the additional value with other market leading insurers.

Although passionate about art, residen tial and yacht insurance they are by no means all that we do: we are a multidisciplined brokerage and are pleased to assist with any wider insurance needs you may have.

At J. Safra Sarasin Brokerage, we believe that to protect your assets effectively we first need to understand the type of risks they are exposed to and then structure a bespoke insurancebased solution that affords you the broadest and most flexible coverage.

We strive to provide our clients with the very latest marketleading insurance products combined with the highest standards of personal service. The utmost care, attention and discretion is assured at all times.

5


About us

At J. Safra Sarasin Brokerage, we pride ourselves on providing exceptional client service.

We accomplish this through making distinct and achievable promises:• Knowledge and expertise: Indepth knowl

edge of our products and the marketplace, Joint venture partners, trusted third parties and other value added services

• Discretion: A discreet approach to ensure utmost confidentiality

• Personal approach: Our own familyoffice culture and streamlined team means you receive all the assistance you need

• Efficiency: Our swift responses allow you to obtain quotations or answers to queries within a workable timeframe. We deliver a quick turnaround of documentation following policy inception or policy changes

• Effective claims-handling procedures:

We have considerable claims handling experience, and your appointed broker will guide you through the process to ensure matters are concluded as swiftly as possible

7


Private Collections

We arrange worldwide ‘All risks’ of physical loss or damage insurance for all types of

artwork and collectables.

Our underwriting facility is capable of covering collections of USD 400 million at any one location and is one of the largest of its kind. Underwritten by Lloyd’s of London – currently rated A (Excellent) by A.M. Best and A+ (Strong) by Standard and Poor’s, this facility enables us to respond immediately to both new enquiries and policy changes, with documentation issued very quickly.

Typical items we cover:

• Paintings, Jewellery, Sculpture • Porcelain, Glass, Gold & Silver• Guns • Wine• Antiquities• Books• Musical Instruments• Stamps & Coins• Photographs & Manuscripts• Bullion & Valuable Papers (Specie)

Our policies cover:

• Items on an Agreed Value basis• Depreciation in value for damaged items• Newly acquired items automatically• Worldwide transits• Items at unnamed locations anywhere in

the world

Additional coverages:

• Defective title due to ownership disputes.• Terrorism

9


Commercial Art Insurance

We also provide insurance for galleries, museums, art and antique dealers, auctioneers

and valuers.

Our policies can cover:

• Stock and entrustments• Worldwide transits• Exhibitions• Consignments/Loans to Third Parties• Buildings• Fixtures and Fittings

• Tenants’ Improvements• Business Interruption• Public and Employers’ Liability• Defective Title due to ownership disputes• Professional Indemnity• Directors’ and Officers’ Liability• Trustees’ Liability

11


Classic Cars

We are passionate about classic cars, and with values on the increase, the importance

of appropriate cover cannot be underestimated.

No matter how diverse your collection of vehicles is, we can offer an insurance solution.


• Classic & collectable cars• Motorcycles• Automobilia• Aircraft• Military vehicles• Parts & Accessories• Items on an Agreed Value basis• Newly acquired items automatically• Worldwide transits• Vehicles under own power• Items at unnamed locations worldwide

13


Residential Property Insurance

We are experienced in arranging personal insurance programmes specifically designed

to protect the things you value the most from a wide range of risks, to give you peace

of mind.

As well as having access to the world’s leading providers of high value residential property insurance, we have our own in house facility backed by Catlin Insurance Company (UK) Ltd., which offers limits of up to EUR 10m for buildings (rebuild value), plus EUR 10m for contents, EUR 20m for fine art and EUR 5m for jewellery.


• Buildings and Tenants Improvements• General Contents – worldwide

cover on a “New for Old” basis• Fine Art, Antiques and collectables –

worldwide cover with agreed values• Jewellery, Watches and other valuables –

worldwide cover with agreed values• Liability cover for your staff and other

people – worldwide cover with high limits• Emergency Travel Expenses• Lifestyle Protection cover – including

Kidnap & Ransom and Personal Accident

Cover is on a broad “All Risks” basis, not limited to named perils, and includes accidental damage. Unless it is specifically excluded, it is covered.

We can cover:

• Multiproperty and multiterritories – all under one insurance policy

• Investment properties and holiday homes

• Multivehicle family motor• Umbrella Liability for U.S. domiciled

clients

We can also arrange separate cover for Bloodstock, Livestock and Estates, Personal Accident and Life.

15


Super Yacht

We can provide bespoke “All Risk” insurance coverage for motor and sailing yachts to

suit the individual owner.

Our latest underwriting facility has the ability to insure yachts valued up to USD 100M. Fully underwritten by Lloyd’s of London – currently enjoying an A+ rating from Standard & Poor’s, AA from Fitch and A from A.M. Best, this facility enables us to handle business extremely efficiently, responding immediately in respect to new enquiries, required changes and documentation production.

Should the value of the yacht exceed USD 100M, we have partnerships in place with leading market insurers to cover the additional value.


• Hull and machinery• War and terrorism• Personal belongings• Fine Art collections on board• Crew and guest welfare• Protection and Indemnity

17


Kidnap, Ransom and Extortion Insurance

We recognise the need to safeguard you, your family and your business against every

eventuality.

That is why we work with the world’s leading kidnap and ransom insurers to provide the very best solutions to your needs.

Our policies provide:

• Reimbursement of ransom and asso ciated expenses up to the insured limit

• 24 hour rapid response service in the event of a hostage situation

• Worldwide coverage• Expert crisis risk management advice

19


Other Specialty Areas

Whatever your insurance needs, we can help.

We have a network of partners who we work with to assist our clients across many product lines.

Examples of areas where we have advised

clients:

• Commercial Real Estate• Private Aircraft• Professional Indemnity• Directors’ and Officers’ Liability• Political Risk• Trade Credit• Warranty and Indemnity• Onshore and Offshore Energy• General Cargo• Precious metals and mining• Safe deposit boxes

21


Concierge Services

Over the years we have put together a specialist panel of trusted advisers who can offer

you professional advice in particular areas such as:

• Personal Security• Residential/Commercial Property Surveys• Art, Antiques and Jewellery Valuation• Fine Art Shipping/Storage

• Art Collection Management• Art Conservation• Art Investment• Crisis Risk Management

23


Key Contacts

For further information about our services or if you would like to obtain an insurance

quotation, please contact a member of our team using the details below:

Desmond Boughton

Direct: +44 (0)203 964 9039Mobile: +44 (0)7500 003 [email protected]

Mark Smith

Direct: +44 (0)203 239 7615 Mobile: +34 (0)651 90 47 15 [email protected]

Paul Nash

Direct: + 44 (0)203 964 9041Mobile: + 44 (0)7772 707 [email protected]

Steve Allen


Daniel Wood

Direct: +44 (0)203 964 9038Mobile: +44 (0)7500 007 [email protected]

Robert Butcher

Direct: + 44 (0)203 964 9071Mobile: + 33 (0)772 35 30 [email protected]

Enrico Nuzzo


J. Safra Sarasin Brokerage Limited

47 Berkeley SquareLondon W1J 5AUUnited Kingdom

Disclaimer

J. Safra Sarasin Brokerage Limited (JSSBL) is a company incorporated in England and Wales under registered number 7673756 with registered office address at 47 Berkeley Square, London W1J 5AU. JSSBL is an Appointed Representative of BMS Group Ltd (BMS) whose registered office address is One America Square, London EC3N 2LS. BMS is authorised and regulated by the Financial Conduct Authority (FCA). JSSBL’s FCA Firm Reference No. is 562942 and BMS’s FCA Firm Reference No. is 309686 and these may be checked on the FCA’s Register by visiting the website of the FCA at http://www.fsa.gov.uk/register/home.do or by contacting the FCA on 0800 111 6768 (freephone) in the United Kingdom or +44 20 7066 1000 from outside the United Kingdom.

insurance practice · house facility backed by catlin insurance company (uk) ltd. our latest...

Documents