General & Medical International is a division of General & Medical Finance Ltd which is a Lloyd’s accredited broker. The General & Medical International division has an extensive portfolio of products and services, we offer a comprehensive and specialist range of services to our clients in the insurance industry. We operate in all geographies and provide for every major industry and business sector as well as niche markets. As a Lloyd’s broker, we aim to achieve excellence in specialist insurance services, in addition to our core health insurance offerings to individuals, professionals and businesses on a global level. Our growth has been shaped by the reliability and consistency of our broking skills together with an innovative and creative approach that takes strength from the company’s independence and commitment to bespoke insurance solutions.
Supporting a worldwide client base, our greatest strength is our people, whose knowledge in specialist areas of risk and relationships in international insurance and reinsurance markets is exceptional. Wherever possible we employ people with a range of language skills further enhancing our ability to work closely with clients to create products that can meet every type of challenge and risk both in the UK and Internationally.
As a Lloyd’s broker we are able to utilise our broad range of products and services from the insurance industry for our clients and provide for major industry and business sectors as well as niche markets. We are continually refining and expanding our services to meet new needs in the ever changing global market.
Our business embraces wholesale, retail and reinsurance products, and is reinforced by a highly experienced in-house claims team that spans all our divisions. With access to the Lloyd’s syndicates and all major insurance markets, we work closely with other brokers and intermediaries to ensure global distribution. Clients of General & Medical International, are assured of the highest professional standards, an independent perspective and a flexible approach, together with traditional broking values that are enhanced by our innovative and entrepreneurial style.
The General & Medical International office is centrally located in the City of London, inside The Lloyd’s building on Lime Street. So from a risk enquiry arriving in our office we can be talking face to face with an Underwriter in Lloyd’s within minutes.
Our relationship with Lloyd’s - Who are Lloyd’s?
Lloyd’s of London, generally known simply as Lloyd’s, is an insurance market located in London’s primary financial district, the City of London. Unlike most of its competitors in the industry, it is not an insurance company. It is a corporate body governed by the Lloyd’s Act of 1871 and subsequent Acts of Parliament. It is a partially mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk.
The insurance business underwritten at Lloyd’s is predominantly general insurance and reinsurance, although a small number of syndicates write term life assurance. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee house on Tower Street in 1686. Today, it has a dedicated building on Lime Street, opened in 1986. Its motto is Fidentia, Latin for ‘confidence’ which is closely associated with the Latin phrase Uberrima Fides, or ‘utmost good faith’.
Lloyd’s accredited broker
As a Lloyd’s broker, our accreditation status allows us direct access to the Lloyd’s building and the underwriting syndicates within, thus enabling us to provide significant benefits to our broker partners throughout Europe and further afield, not only because this provides an additional facility for larger risks and a broader range, but because it also increases the speed of service our clients receive. We have strong relationships with our syndicate partners and our strengthened ties with Lloyd’s further enables us to provide additional support to brokers which have specialist and niche schemes.
Wide ranging products and services
We are passionate about our business and we recognise that each client has their own particular challenges and considerations. General & Medical International operates on a wholesale basis with other Broker partners both in the UK and Internationally. Service is our top priority, and we approach each situation with a strategic view and ensure that the right solution is implemented to cover each client’s individual insurance needs.
Our Specialist Lines of Business
We offer a range of covers that are proficient across a range of industries, both corporate and private which include;
- Personal Accident
- Medical/Health Insurance
- Medical Malpractice
- Property and Casualty Insurance
- Professional Indemnity
- Directors and Officers
- Crime and Cyber Risk
- Motor Fleet
- Products Liability
Binders and Facilities
Through our strategic relationships in the Lloyd’s and wider London market, we have access to various bespoke facilities and solutions that cannot be found elsewhere.
We are also proficient in the arrangement of new facilities to help our broker partners’ business grow and develop with the support of a strong carrier and expert broking team in London to assist.
Our wordings experts can help our broker partners work with our preferred markets to develop new products and allow them to offer something that their competitors cannot.
Risk specific and expert cover
We have strong relationships with specialist insurers working together to provide expert solutions for our worldwide customer base in a continually changing market;
- Engineering and Construction
- Marine Cargo
- Marine General
- Kidnap and Ransom
- Sabotage and Terrorism
- War and Civil War
- Political Risk
- Agricultural Products
- Green Energy Plants
- Road Haulage
Specialised financial risk transfer
We provide direct, wholesale and reinsurance services to organisations of all sizes. With access to the major global insurance and reinsurance providers, this enables us to offer tailored solutions to complex financial exposures faced by our clients;
- Revenue Protection
- Trade Credit Insurance
- Self Insurance via Captive and Trust solutions
We have established bank accounts in the major currencies, which helps us to mitigate against the risk of currency fluctuations by prudent cash management, maintaining value for us and our clients.