We offer lead capacity in political violence, which includes sabotage and terrorism, terrorism liability, SRCC and malicious damage and event cancellation due to terrorism.
We write international specialty insurance and reinsurance business for the Middle East and North Africa
Chaucer MENA brings a dedicated local presence and in-depth local knowledge to Chaucer’s smart risk solutions for brokers and cedants in the region. We write a broad range of specialty insurance and treaty business all underpinned with the A-rated financial strength of Chaucer Syndicate 1084 at Lloyd’s.
We work closely with international and local brokers to offer regional clients a lead capacity for a broad range of specialty treaty, property and political products on a direct and facultative basis.
Chaucer MENA Underwriting Limited is authorised and regulated by the Dubai Financial Service Authority to underwrite on behalf of Syndicate 1084 at Lloyd’s.
To view the Chaucer MENA brochure please click here.
Senior Executive Officer
Fawzi Omari heads our new Dubai office, with responsibility for delivering our smart risk solutions and leading cross class and service delivery expertise having led development of our MENA region business since joining Chaucer in 2015. Fawzi provides us with a high-profile presence in the region and has excellent local relationships with many market participants. Fawzi has in-depth broking and underwriting expertise, most recently as a Political Violence Underwriter.
Credit and Political Risk
Our lines offered are CEND, CCP, contract frustration and credit including non-payment and non-performance by public and private obligors, exchange transfer, non-honouring of documentary letters of credit and the wrongful calling of on-demand bonds. We will also cover war on land and political violence in conjunction with the other perils written.
Chaucer deploys market leading specialist underwriters to write international and US treaty business for all major classes of business.
We have worked hard to grow and strengthen our longterm relationships and are proud to work with some of the leading businesses in the world. Our teams combine an innovative problem solving approach with years of market experience.
Working from offices around the world, we service a portfolio of London Market and international clients. We have our own view of risk and are well-known for our market insight and rigorous research which informs fully-tailored reinsurance solutions.
Our dedicated claims teams work alongside our specialist treaty underwriters, providing fast and intelligent responses to claims of all sizes and significance.
We like to lead business as this enables us to apply our expertise in claims management and build stronger relationships with our clients.
Chaucer writes a range of US and international casualty business on a direct, facultative and delegated authority basis. Our specialist lines team is one of Chaucer's largest, and a recognised leader in the market. Our capabilities span multiple lines, each utilising our expertise and first class service.
Our core offering includes international general liability and professional indemnity, financial risks and North American professional lines, as well as newer product lines we have introduced in response to changing markets conditions and emergent risks.
We write a European property account, including Israel, Russia, the CIS and Turkey, both through brokers and on a direct basis. Our London office writes UK and French business.
We write the following types of reinsurance:
- Catastrophe excess of loss
- Quota share
- Stop loss
- Reinstatement premium protection
We provide insurance and facultative reinsurance cover for a wide selection of energy industry entities. Our clients range from multinational oil companies to the energy interests of private individuals. We focus on delivering the high standards of service required to maintain successful partnerships with energy companies and brokers alike. Our account historically focused on traditional exploration and production operating risks, but has now broadened to include midstream, downstream and renewable energy offerings. Our activities in renewable energy include insurance and facultative reinsurance of wind turbines, solar panels, geothermal power, biomass and waver energy.
Our specialist underwriters offer significant capacity, leadership and an entrepreneurial approach to brokers and clients.
We protect marine risks, including coverage for general cargo, oil shipments, project cargo for infrastructure, and hull and machinery risks, including increased value, loss of hire, loss of earnings and builder’s risk. We also have an online cargo product for freight forwarders.