Agnew Higgins Pickering and Company
Agnew Higgins Pickering and Company: Specialists in the Energy Business Agnew Higgins Pickering and Company Limited (AHP) is an independently managed LLoyd’s insurance broker specializing in all areas of property and casualty within the energy sector, with particular emphasis on the power industry. Based in London, unique access to all principal London, European, and Bermudian insurance markets is assured.
A Changed Insurance Market For many of you reading this ar ticle, the significant changes that the insurance market has experienced over the last two years or so will have exacted a disturbing and significant cost. In the wake of such substantial global insurance losses – so graphically and frighteningly topped by the events of September 11th – and a fundamental shift in the market dynamics of the power industr y, why were so many insurance buyers confronted with such increases in premium, such restrictions of coverage, such increases in retentions? Why was the choice of well-qualified insurance ser vice providers so limited? Was the insurance market really as small as you were led to believe? Surely there could have been an easier and more profitable way to navigate such capricious waters.
deployment of capital, little is made of clients’ needs. Does it ever occur to you that the fundamentally sound and straightfor ward process of risk transfer is becoming por trayed as a black ar t? Of course, there can be a multitude of sensitive issues that may need addressing in an insurance program, and a properly considered strategy agreed upon at the outset will ensure that they are catered for successfully, but what really makes the difference is the professional employment of traditional work practices. Traditional is a word that is often used with some reluctance for fear that it reflects pedestrian values, but in an increasingly complicated environment we believe in tr ying to keep things simple. The value and exper tise that AHP brings to the table revolve around our knowledge of your business and our extensive global marketing abilities. We can put in place, after consultation with yourselves, a marketing strategy that addresses, among other things, the increasing concerns of new technology, terrorism coverage, and the often violent seasonal business interruption value fluctuations; that forges genuine long-term collaborative par tnerships with markets; that achieves real risk transfer at the
Solution Provider
www.agnewhiggins.com CONTACT INFORMATION Andrew Agnew Managing Director Richard Higgins Deputy Chairman and Director, Production and Marketing Andrew Herring Executive Committee, Property Charles Bowring Executive Committee, Casualty Agnew Higgins Pickering and Company Limited 2 Seething Lane London, EC3N 4AT United Kingdom Phone +44.207.459.5500 Fax +44.207.459.5530
[email protected]
Does it ever occur to you that the fundamentally sound and straightforward process of risk transfer is becoming portrayed as a black art? Narrowing In On the Energy Business At AHP we concentrate on the energy business. We have no other focus, as we believe wellinformed, judicious, innovative, practical, and problem-solving oriented specialist exper tise is what the insurance buyer needs most. We believe insurance buyers have become the principal casualties in the trend toward broker consolidation. Clients are in danger of becoming the commodity in our industr y, and the product they are being offered is becoming increasingly prescriptive. As mega-brokers debate shareholder value and efficient
levels you wish; that achieves costs that recognize this simplest of measures goes beyond just premium. The AHP client por tfolio speaks for itself, and we are happy to share it with you. Many of our clients will be known to you and can share with you their experiences of doing business with AHP. We believe our culture is genuinely unique: people continue to matter in our business, and people continue to make the difference. In these changing times, solutions are more critical than ever, and AHP’s tight focus on your needs can help you solve them.
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