
Gerling General Insurance Company is one of the world's leading
industrial and commercial insurers.
Part of the Gerling Insurance Holdings, GGIC provides a comprehensive
global programme of insurance coverage: UK and International Property,
Energy, Aviation and Special Risks, Liability, Engineering, Motor Fleet, US
Casualty, Marine Cargo & Fine Art, PI, E & O, D & O, Political Risk, Kidnap
and Ransom and Risk Management.
GGIC now incorporates Gerling at Lloyds specialising in Accident &
Health. Parent company Gerling Insurance Holdings was established in 1904
with Headquarters in Cologne. A truly global operation with representation
in 32 countries worldwide and nearly 12,000 employees.
With Group Premium Income of 8.5 Billion US Dollars, and Funds under
Management of 27.1 Billion US Dollars, the group enjoys a Standard & Poors
AA- rating.
Our mission is:
- to provide the best possible comprehensive risk management and
insurance protection in dialogue with our clients.
- to form and shape an exceptional and responsible company, and
- to be in harmony with creation for the good of man and nature
Core values for our company:
- Commitment to performance and success
- Respect for man and nature
Foundation and History
Gerling is the only insurance company in the world of a comparable size
which remains a family enterprise. Rolf Gerling, the founder's grandson, is
majority shareholder and chairman of the supervisory board.
Over the decades, the company has maintained its financial independence
as well as its individual approach to business. Long-standing tradition and
a proven track record characterize Gerling's corporate culture today and set
it apart from other insurers.
Identity and Culture
Gerling has insured its clients against diverse risks for almost 100
years. The company's unique standing is to a large extent shaped by its
history.
| 1904 |
Robert Gerling founds his first
insurance venture. |
| 1954 |
Hans Gerling establishes Gerling Global
Re. |
| 1991 |
Dr Rolf Gerling welcomes Deutsche Bank
as a 30% shareholder whilst retaining 70%. |
| 1994 |
The amalgamation of Gerling and Namur
sets the pace in global credit insurance. |
| 1997 |
Gerling Global Financial Products is
launched to service our growing activities in alternative risk transfer. |
| 1999 |
Gerling acquire Lloyd's Syndicate 1206 -
Owen & Wilby - to form a new GERLING AT LLOYD'S LTD. This was a highly
significant strategic part of our overall plan to position Gerling
General Insurance Company as one of the major insurers in the UK market.
This move places us at the heart of the London rating engine and an
immediate facility for International Accident and Health. A key part in
the jigsaw to provide a truly cross-class service to the clients of our
brokers. |
Gerling Global Programmes
- Gerling are one of the few remaining global risk underwriters.
- In-house excellence in Risk Management capabilities
- Comprehensive global programme of insurance coverage
- Tailored structures to optimise group position
- Uniform service standards and one contact point
- Flexible response to local characteristics and regulations
- Local service to meet local requirements
- Local liaison
Gerling UK Ltd
50 Fenchurch Street
London EC3M 3LE
Tel: 020 7696 8099
www.gerling.co.uk
A Sample of our Capacities
|
|
 |
Up to £125m PML |
|
|
|
Up to $155m PML |
|
|
|
Up to $50m EML per risk
Up to $40m per risk |
|
|
|
Up to £30m |
| Liability |
|
|
|
$100m |
|
|
|
$50m |
- Professional Indemnity
- USA domiciled risks
- Rest of the world
|
|
$10m
£20m |
|
|
|
£25m |
| Financial Institutions |
|
|
 |
$20m |
|
|
|
£16m |
|
|
|
£2m |
|
|
|
£10m |
|
|
|
£10m |
| Marine Cargo |
|
|
|
$50m |
| Fine Art |
|
|
|
$100m |
| Motor Vehicle |
|
|
|
|
|
Market value |
- Third Party Property Damage
|
|
£5m |
- Third Party Personal Injury
|
|
Unlimited |
SOME OF GERLING UK'S MAJOR ACCOUNTS
Chemicals
BASF
Hoechst
ICI |
|
Pharmaceuticals
GlaxoWellcome
SmithKline Beecham |
Media
Associated Newspapers
Virgin
Reuters |
|
Telecoms
Vodaphone
Racal
Cable & Wireless |
Engineering
Siemens
GKN
GEC |
|
Construction
Balfour Beatty
Kvaerner |
Infrastructure/Utilities
North West Water
Railtrack |
|
Financial Institutions
HSBC
Barclays Bank
Nat West Bank / Lombard Bank |
Food and Drink
Associated British Food
Irish Dairy Board
Tate & Lyle |
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