Risk of the month
Last month, our Casualty and E&O Manager, Manuela Ziemer, was contacted by a Broker trying to place a very special risk. Their client, a manufacturer of a baby teething mitten, was looking for coverage after they got the opportunity to sell their products to Toys “R” Us in the United States.
“This risk was particularly interesting because of the nature of the product. Infant products are notoriously hard to place, and with the added US exposure it definitely doesn’t make it easier,” explained Manuela. “Discussions with the Broker, were key during the process so that I could really understand the insured’s quality and loss control processes and hence, their likely exposure. The detailed information she provided along with the Insured’s strong risk management approach made the risk easier to underwrite with our Lloyd’s markets”.
Despite the sensitive nature of the product, Manuela was able to provide the Broker and her client with a full Manufacturing package to cover their liability exposure, and she is in the process of looking to also package-in their property exposure.
Meet the Underwriter
Like so many insurance professionals, it was not a chosen field, but rather one I fell into by circumstance. I started in a small brokerage helping out in personal lines, but with wanting more challenges I moved up into commercial lines where I was the youngest in the team.
Being exposed to many different businesses, along with a morbid curiosity led me to handling specialized programs from sport and leisure organizations to security based companies. The natural progression was tackling the casualty underwriting side of the business which has been the most challenging and rewarding , it’s where I found my true calling.
My experience as a Broker, Marketer and Underwriter gives me the ability to find coverage for the unusual or complex accounts that others may shy away from. There’s always a way to get it done!