Product Lines

LPR’s Accident & Health Team designs and places a wide range of Binding Authorities and Direct Facultative risks on behalf of clients all around the world.

Similar to marine insurance Aviation insurance can be divided into hull and liability and pure liability policies. Hull and Liability policies are available for all types of aircraft from single seater to massive airliners but we tend to get most of our enquiries in respect of aircraft between these. from two to two hundred seats, but we can do the others. We have access to the whole of the aviation market in Lloyd’s, the London and European markets to place all types of aircraft there.   

Pure aviation liability policies are available to cover the liabilities arising out of operating airports, air traffic control, aviation refuelling, airside engineering work and airport security among other fields. There is also a need for excess liability cover for aircraft with a small liability cover that wish to traverse EU or US airspace or land a airports in those regions and a very high limit of liability cover placed with an A rated insurer or underwriter is required for this by law.

LPR offers a range of marine cargo and freight liability insurance solutions for all groups – including smaller local and regional companies, through to large, complex multinational corporations.

LPR’s marine cargo insurance expertise includes cover for clients in respect of their goods on land, sea, air and in storage. This includes the full spectrum of risks from loss, damage and theft to war and terrorism in transit. We also offer support for products involving liability insurance for freight forwarders, haulers and logistics companies.

Construction projects have specialist insurance requirements which we are able to meet with quality A rated insurers. Not only is there the construction (or erection in the case of an engineered structure) all risk policy but also the site will need cover for contractors plant and machinery and (if they are not included in the construction all risks policy) specialist liability and professional indemnity covers as well. These policies are unusual in that they will not be placed for an annual period but from an agreed start date until the project is complete which can be up to five years.

We have experience in dealing with projects of this nature from all over the World of various sizes and complexities and have good markets for this type of business.

LPR has worked closely with Lloyd’s Underwriters to create a niche product providing Personal Accident and Medical Insurance coverage to crew members below the Deductible on the P&I entry.

Product presentation upon request.

Most companies rely on information technology systems to help them function which are usually connected to the internet. In many cases cyber criminals can access this data and either cause damage to the company’s business or use a threat to the data to ransom the company to paying them not to damage this. Cyber insurance provides cover not only to recover the missing data but to re-establish protections to prevent reoccurrence of this attack 

Of course, since the General Data Protection Regulations came in companies are also liable if the data they keep on their files gets in to the wrong hands which can happen if a hacker decides to copy a date base of clients from a company’s computers and sells it to the highest bidder. This can result in prosecution of the company which again can be covered by a cyber cover.

The directors and officers of all companies have an exposure all of their own not covered by the company’s public liability insurance. In many cases the set up of a company makes directors and officers of a company liable to compensate shareholders, investors, employees, regulators or third party for any wrongful act carried out in their capacity as such. A claim for a wrongful act by a regulator could not only lead to a large fine levied personally against the director in question but may lead to them needing to defend themselves against being disqualified as a director and open to civil and criminal proceedings.  Having D&O cover will not stop these if a wrongful act has been carried out but it will allow funds for defence of against the prosecution. Wrongful acts can include breach of trust, breach of duty, neglect, error, misleading statements and wrongful trading which in this growingly regulated market are so easy to stray over the line. It is therefore useful to a company of any size to look at this cover. 

An additional extension that is often given with D&O cover is Employment Practices Liability. This should not be confused with Employers Liability as it specifically covers the directors and officers responsibility to their staff with respect of employment regulations. For instance any dispute between the board and an employee for discrimination or unfair dismissal would fall under this cover. This is generally not available as a stand alone cover but many companies purchase this as a useful addition to the D&O cover.

Covers required in the energy market tend to be similar to those in the normal world but there are certain specialist covers such as loss of control of well and undersea pipeline risks. The market tends to be divided in to onshore and offshore and also in to upstream, which generally means the recovery from the earth, midstream which often involves the transportation and storage of the product and downstream which tends to be supply to the customer. We have access to the whole market for this section of the market and can often offer good competitive cover in this area.

Financial Institutions such as investment managers, futures dealers and banks require their own specialist covers. Available to them are specialist packages covering their directors and officers and professional indemnity exposures in a combined package but also crime policies (covering theft or larceny from outside) and fidelity covers (covering theft or larceny by the insured’s own staff). Also available is specialist cyber covers as this sort of organisation is particularly exposed to cyber crime especially if trading electronically.

Banks can purchase Banker’s Blanket cover which covers all of their exposures against infidelity of employees, robbery and hold up and loss of monies etc from armoured cars.

Working in conjunction with Clear Private Clients https://clearinsurancemanagement.com/private-client-insurance/, offering bespoke insurance solutions for high and ultra-high-net-worth clients delivering an exceptional white glove service and personalised support to cater for your unique lifestyle and insurance needs.  Comprehensive insurance solutions can be expertly arranged to safeguard your primary and secondary residences, rare and luxury automobiles, fine art collections, high-value jewellery, prestigious timepieces, and other valuable collectibles.

The Lilley Plummer Risks International property team have extensive London & international experience, specialising in large and complex property placements and programmes.

A protection policy pertaining to when a ship is in the builders’ hands, against both pre- and post-launch disasters. The scope of this insurance coverage extends beyond simply basic damage to the hull, covering some business risk as well. Business Risk Hull Insurance can also be purchased from Lilley Plummer Marine, when a boat is in for repairs or during transport of the vessel to and from the owner. LPR ensures accessibility to capacity for shipbuilding projects of all types and sizes, offering coverage for:

A Marine Kidnap and Ransom policy covers vessels that are captured by pirates who then demand a ransom.  The policy allows the shipowner to respond quickly to the problem in order to minimise the risk to the business and people caught up in the piracy outrage.

LPR’s expertise includes P&I cover and FD&D, with a high level of service offered to its customers in respect of the provision of required trading documents, risk management, claims handling and general advice on international shipping matters. The main risks covered are liabilities, expenses and costs for:

LPR can offer Ports & Terminals coverage which protects ports, terminals and other cargo-holding facilities from the potential loss or damage to equipment, property and third party liability.

Some companies, such as insurance brokers, architects, accountants and engineers make their living by offering professional services including advice and actions which a client would feel they should be able to rely on. On the undeniable premiss that no one is perfect these professionals may make a mistake or fail do something that would not be expected a professional of their qualifications. Such mistakes, such as an architect not calculating the load of a wall correctly or an accountant failing to take account of a change in tax law, can cause the professional’s clients financial loss which they are legally able to recover from that professional. This is where Professional Indemnity insurance comes in protecting the professional or their organisation against such events. This is why this is often called Errors and Omissions cover.

All companies are liable for their actions. If a visitor to a company’s premises is injured due to some factor that the company should be aware of such as a lose stair carpet, then the company is liable to compensate that visitor for this. Similarly any of the company’s actions may lead to third parties being injured where they will be liable under law to compensate that third party. This would be covered under a public liability insurance.

A related cover is product liability which covers the company against it liabilities if a product it sells causes injury to a third party. The much quoted example of this is a wheel falling of a car where the owner can sue the manufacturer if the fault lies in the design of construction of the vehicle. However product liability exposures are often a lot more subtle than that and sometimes the manufacturer would not initially be aware of an inherent defect in a product but would still be liable. It should be noted that a supplier who is not the manufacturer of a product can still be held liable for injury caused by products so it is worth suppliers buying this and public liability cover as well.

In the UK and some other countries public and products liability can be put together in a package with Employers Liability which covers a company’s liability in respect of his employees being injured in the course of their employment. In some countries this cover is replaced by a Workers Compensation Act where there is a regulatory requirement to buy that cover instead. In countries where this applies we have markets for this as well.

Not to be confused with product liability is product recall cover. This covers a manufacturers costs and expenses that arise if a product is found to be faulty and has to recalled. To write this product underwriters need to have full vision of the manufacturers production methods and testing procedures.

LPR works closely with professional clients in order to provide the best mixture of conventional and alternative reinsurance solutions. This is achieved by always maintaining a practical approach, resulting in finding the best placement at competitive rates and terms.

LPR’s specialist Reinsurance department has vast experience in International Treaty business, both Proportional and Excess of Loss.

All further details upon request.

Similar to cargo policies in some ways a specie of fine art policy covers items which are of intrinsic value such as artwork, museum exhibits, precious metals and precious stones. Cover is available either whilst these object are being moved or when they are in secure environment such as a jewellers shop or vault. Jewellers can purchase jewellers block cover which gives a full range of covers to enable a jeweller’s shop to function.

Specialisms include but are not limited to:

Non Motor Division are experts in placing specialist and difficult to place risks into the Lloyds and London Market. A true partner offering first class service. The team has over 35 years combined London Market experience.

Cover for Hull War and P&I War risks, including cover for piracy, terrorism and Kidnap & Ransom (K&R). These covers, whether purchased as a package or standalone are offered to complement the Hull and Machinery Cover and P&I entries and provide streamlined service in the event of a piracy, seizure or war event.

Specialisms include but are not limited to:

Lloyd’s and the London market are well known for placing the unusual type of business that does not fit in to any of the above categories easily. We have a wealth of experience in dealing with such risks and have a good market of open minded underwriters willing to assist in these. Of course, some risks are not insurable but we will be able to identify these and let the client know very quickly if this is the case.