2. Background and Development
• Authorised by UK Financial Conduct Authority in May 2013
• Fully accredited Lloyd’s Broker July 2013
• Operational September 2013
• Two Offices – City of London (200 metres from Lloyd’s ) and
Newcastle.
• Fully staffed from January 2015
• Staff numbers 12
• Sponsoring underwriters for Lloyd’s approval: Kiln, Chaucer and
Sagicor/Amtrust

3. • Privately owned by management and two clients (minority
shareholding).
• 74 terms of business agreements with Lloyd’s syndicates and other
London market insurers.
• Over 200 years of insurance experience of the London and
international markets including the US, Bermuda and others.
• Annual premium volume + £42/45,000,000
• Clients in 15 countries on 5 continents
• 40% of business UK 60% international
• Obtained Xchanging trading licences in October 2013
• Became a Lloyd’s coverholder in January 2015

4. Business Model
• 90% of business placed into the Lloyd’s market
• 100% wholesale – we do not deal with insured’s direct on any risks
• 85/90% of our business is the arrangement of :
Binding authorities for brokers and underwriting agencies (75%),
Master policies and schemes (20%) and,
• Open market/individual placements (5%)

5. International Business
• Australia
• Europe: Denmark, Sweden, Norway, Greece, Malta, Cyprus, France,
Ireland
• USA
• South America: Argentina, Uruguay, Central America (via Panama)
• Asia: Singapore, Philippines

6. Classes of schemes placed
• SME Property , Casualty and Commercial Combined
• Specialist Professional Indemnity
• On-line facilities
• Income Protection/Personal Accident/Loss of Licence
• Kidnap and Ransom/Piracy/Hijack
• Life – distressed (medical issues), hazardous occupations, top up
covers for group schemes with minimal underwriting
• Comprehensive Motor (International in selected countries)
• Credit card enhancement schemes – travel, purchase protection
• Aquaculture
• Terrorism

7. Examples of risks placed
• Unoccupied property – commercial and residential
• Contents only cover for tenants
• Pubs/clubs and restaurants
• SME – heavy risks – metal workers, recycling, garages
• Professional Indemnity for IT Contractors
• Comprehensive Motor insurance for the Harley Club of Denmark
• Comprehensive cover for personal lines motor – manufacturer sponsored cover or individual for
both cars and motor bikes
• Combined product sold on line for Professional Indemnity/Public Liability and Directors and
Officers for SME
• Charities – trustees liability scheme and terrorism scheme

8. • Group Life on offshore workers, Security and Engineers in the Middle East
• Individual life cover for top to UK FTSE10 company main group life scheme with
no underwriting
• Sports Personal Accident : High Profile Cycling team
• Loss of Licence scheme for air traffic controllers
• Track day cover for bikes and cars at organised events
• Scheme package for UK golf clubs (covering about 250)
• International and local national private medical schemes (including a new one
launched in May 2015 in Greece !)

9. Some of our clients
• Underwriting agency of Steadfast the biggest cluster group in Australia – they are
the biggest premium income producer to Lloyd’s from Australia
• Lockton’s in Australia and Singapore
• Willis in London
• Danish Musicians Union
• Harley Davison Club in Denmark
• BBC
• Allianz
• Standard Life
• Glencore

10. Contact Details
34 Lime Street
London
EC3M 7AT
+44 (0)7900 740 356
Email: andrew.wilson@xactexpat.com