Proudly celebrating 10 years of true independence

London Australia Underwriting has reached an important milestone — 10 years since it was established.

LAUW remains truly independent in ownership and continues to write exclusively on behalf of Lloyd’s of London syndicates.

LAUW is very proud to have retained the backing of its three cornerstone syndicates, which have been behind LAUW since 2005. Over the years, LAUW has added to the stable and now writes for eight syndicates across seven product lines.

You can view LAUW’s current risk appetite at www.lauw.com.au.

More importantly, LAUW has retained all staff since establishment, ensuring consistent delivery to our brokers and excellent client and product knowledge among our underwriters.

Current capacity

LAUW has the following capacity:
• Directors & officers/Management liability – to $40,000,000 per risk
• Professional indemnity – $20,000,000 per risk
• Financial institutions – $20,000,000 per risk
• Cyber – $10,000,000 per risk

Group personal accident capability

LAUW has a new offering for group personal accident. LAUW, on behalf of the Marketform Syndicate, is seeking group PA opportunities through associations or recognised buying groups. Our appetite is broad and wordings/rates can be tailored for each facility. Email steve.walker@lauw.com.au for more information.

Professional lines market

LAUW believes this is the softest market ever experienced in Australia, with rates at an all-time low.

Despite that, LAUW will continue its core offering in the market of risk selection and product tailoring to meet individual clients’ needs. LAUW will continue to work closely with its supporting brokers for mutual benefit.

News Alert October 2015