Lloyd’s of London appoints ICS
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Lloyd’s of London appoints ICS

Submitted by admin on Thu, 14/05/2009 - 15:28

Lloyd's of London, the world's leading insurance market ,which writes premiums totalling £18bn globally has appointed Iberian Claims Service S.A. as the Lloyd's motor claims representative for Spain.

ICS will be directly responsible for settling motor liability claims on behalf of all Lloyd's motor underwriters for Spanish motor policies issued on a freedom of services basis.

ICS manage insurance claims for several Lloyd's syndicates in the Iberian Peninsula and also on behalf of locally based Ibex Insurance, Professional TraveI Insurance Company Ltd and Malta-based Middlesea Plc.  ICS is managed by David Whitmore, a qualified barrister. The company has already successfully settled over 50,000 motor claims in Spain and Gibraltar.

David said:

"The appointment is an endorsement of the high standards of service provided by ICS and recognition of our professionalism, not only throughout the Iberian Peninsula, but also within the Lloyd's market.  ICS has worked hard to develop its infrastructure and to establish a country wide network of engineers, doctors, lawyers and other industry professionals."

ICS is currently based in Sotogrande and employs 25 members of staff.  However, there are plans to expand the business in Madrid and Barcelona as well as Portugal following this appointment. A Gibraltar office may also figure in future plans, as David explained: 

"Efficient claims handling is key to the success of any insurance product and with Gibraltar expanding as a finance centre we are reviewing the possibility of setting up in Gibraltar to service insurers based there"  

Roger Bickmore, Director of Business Development for Lloyd's managing agent, R J Kiln & Co Limited, said:

"We have enjoyed an excellent relationship with ICS for a number of years and have every confidence in their ability to provide a top-rate claims service for the Lloyd's market in Spain".

Paul Farrelly, Deputy Claims Manager for Amlin Plc, said:

"ICS have worked hard in recent years to build a competent, professional team alongside developing a state of the art computer system, to take claims service to a higher level. We believe their appointment as Lloyd's motor claims representative for Spain is reward for this hard work and we firmly believe that that they will continue to represent the Lloyd's brand in a dedicated and professional manner"

For more information contact David Whitmore on +34 956 695 596 or david.whitmore@iberianclaims.com