News

The last few years have been difficult for the Construction industry which has faced disruption caused by the Covid 19 pandemic, and more recently supply chain impacts from Brexit and the war in Ukraine. The insurance market has also had to adjust over this period, with corrective action required to adjust unsustainably low historic premium rates and reflect claims cost inflation. Despite these challenges, in 2022 the construction insurance market has fared reasonably well and capacity is available. This update provides insight into the key market drivers and current insurance market conditions for the main construction related insurance classes.

Lonmar Global Risks (Lonmar), part of Global risk Partners (GRP), continues the development of its Financial and Specialty Lines team with the appointment of experienced financial lines broker David Doleman.

Giles will be helping the team to grow Lonmar’s market presence in this sector, and assisting clients with their management liability and financial lines requirements.

Is the current Professional Indemnity market harder than the fiendishly difficult BBC quiz Only Connect? – Sean Trent thinks so, but there are practical steps that brokers can take to mitigate its impact

Lonmar Professions, a financial lines specialist and part of Lonmar, has appointed experienced financial lines broker Sean Trent into the role of Divisional Director.

Marine specialist Ropner, part of GRP’s London Market business Lonmar Global Risks, has appointed experienced marine broker Gareth Evans into its hull and liability team.

Lonmar’s Newline facility helps secure medical sector start up which has joined the national effort to manufacture PPE.

We are excited to welcome experienced and seasoned practitioner Dean Fox to Lonmar Global Risks who joined our business on 24 February 2020.

Aqua Sanfelice, MD of  "LONMART" has been interviewed by leading insurance sector publication Insurance Business, providing insight into the world of fine art insurance broking.