Specialty
Our Specialty business lines include Political Risk, War, Terrorism and Political Violence and Product Recall.
Business lines
Political Risk
The Ark Political Risk team writes a broad array of contract frustration non-payment and non-performance and related perils.
We also provide asset/equity protection for confiscation/expropriation, war on land and PV where it forms part of broad-form coverage. Drawing upon our expertise, experience and long-term relationships we can deliver an innovative and tailored approach to the complex requirements of our brokers and clients.
The client base is a mixture of traders, banks, corporates, export credit agencies and multi-lateral organisations. Exposures are focussed within the industry types of oil, gas and other commodities, power generation, financial institutions, and construction, with an increasing proportion geared towards ESG elements.
People
Alexander Beauclerk
Underwriter
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Mark Lichfield
Senior Underwriter
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Mathew Rothwell
Senior Underwriter
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Ruth Brinded
Underwriter
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Stuart Pearl
Head of Claims
Location/Syndicate
ARK 4020, NOA 3902
Teams
Product Recall, Political Risk & Violence, Property Reinsurance, War, Terrorism and Political Violence, Political Risk, Cargo & Specie, Upstream Energy & Liabilities, Renewable Energy, Marine Liability, Marine Hull, Fine Art & Specie, Marine Hull, Energy, Marine Liabilities
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War, Terrorism and Political Violence
Ark’s 4020 Syndicate provides asset protection to policyholders on a global basis for all political violence perils.
Our clients include financial institutions, energy companies, hotels, real estate, banks and sports and leisure interests. We provide both asset protection and/or legal liability for damages/costs following a political violence event or threat.
These perils include:
- Sabotage and terrorism
- Riots, strikes, civil commotions and malicious damage
- Insurrection, rebellion and revolution
- War and civil war
- Terrorism liability: employee and third party
- Threat
- Active assailant
- Cyber
- Nuclear, chemical, biological and radiological
We cover:
- Physical damage, business interruption, increased cost of working
- Non-damage business interruption
- Financial cost to a company for damages/liability to a third party and/or employees following a terrorist event
People
Henry Woollaston
Senior Underwriter
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Leon Richardson
Senior Underwriter
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Luke Ingram
Underwriting Assistant
Luke Ingram
Underwriting Assistant
Location/Syndicate
ARK 4020
Teams
War, Terrorism and Political Violence
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Nicolle Mills
Underwriter
Location/Syndicate
ARK 4020
Teams
War, Terrorism and Political Violence
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Stuart Pearl
Head of Claims
Location/Syndicate
ARK 4020, NOA 3902
Teams
Product Recall, Political Risk & Violence, Property Reinsurance, War, Terrorism and Political Violence, Political Risk, Cargo & Specie, Upstream Energy & Liabilities, Renewable Energy, Marine Liability, Marine Hull, Fine Art & Specie, Marine Hull, Energy, Marine Liabilities
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Product Recall
Product Recall insurance underwritten by Ark 4020 will protect policyholders who suffer financial loss and reputational damage if they need to recall dangerous product – whether it is contaminated or defective. General liability insurance will not provide the depth of cover provided under product recall policies.
The Ark Product Recall team have a vast amount of experience and the team aim to design bespoke coverages for clients utilising their newly created policy forms and depth of underwriting knowledge.
We can provide cover for a wide array of industries including food & beverage, consumer goods, over the counter pharmaceuticals and non-automotive component parts. We cater for clients throughout the supply chain.
As team we understand the need for an excellent level of service and take pride in delivering swift, efficient and effective service and solutions to all our stakeholders. This means quotes are turned around quickly and claims are handled in an open and collegiate manner.
We partner with Crisis 24 who provide 24/7, 365 access to incident response and crisis management consultancy.
People
Rob Van Haaren
Underwriter
Rob Van Haaren
Underwriter
Location/Syndicate
ARK 4020
Teams
Product Recall
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Simon Weaver
Underwriter
Simon Weaver
Underwriter
Location/Syndicate
ARK 4020
Teams
Product Recall
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Stewart Eaton
Senior Underwriter
Stewart Eaton
Senior Underwriter
Location/Syndicate
ARK 4020
Teams
Product Recall
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Stuart Pearl
Head of Claims
Location/Syndicate
ARK 4020, NOA 3902
Teams
Product Recall, Political Risk & Violence, Property Reinsurance, War, Terrorism and Political Violence, Political Risk, Cargo & Specie, Upstream Energy & Liabilities, Renewable Energy, Marine Liability, Marine Hull, Fine Art & Specie, Marine Hull, Energy, Marine Liabilities
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