Lloyd’s Team to Assess Chile Earthquake

Lloyd’s has confirmed that a team has been sent to Chile to “help the market better understand the impact of February’s earthquake and assist in ensuring the speedy payment of valid claims.”

The delegation, made up of representatives from the Lloyd’s market and Xchanging Claims Services (XCS), will be in Chile from June 17 – 25 and will meet with local loss adjusters, cedants, brokers and other interested parties.

Philip Godwin, Senior Claims Manager at Lloyd’s and Chair of the Chile Cat Co-Ordination Group, explained: “The primary role of the group will be to understand the challenges that the local cedants are facing, how they are working with loss adjusters, and to discuss where there are opportunities to maximize the claims process and information flow between Lloyd’s and the local market. We see this visit as an integral part of helping our cedants with their claims response.”

Lloyd’s noted that it had organized the mission as a result of “strong interest from Chilean cedants and local brokers, and reflects the market’s desire for delivering an effective claims handling service. The visit has been established in consultation with market participants and associations.”

The group is made up of the following five senior claims professionals from across the market:
— Philip Godwin – Lloyd’s Performance Management Directorate
— Charles Glaisher (Faraday) – Chair, Lloyd’s Property Insurance Claims Group
— Gill Langford (Talbot) – Market participant
— Scott Kellers (Liberty) – Chair, Lloyd’s Reinsurance Claims Group
— Ian Clendenning – Chief Adjuster Property, XCS

Source: Lloyd’s of London