Lloyd Warwick International, the specialist firm of energy loss adjusters set up last year, is planning to become a leading global player following its successful launch in November 2013. The firm currently has offices in London, Houston and Paris.
“We have been delighted by the market’s response since we went live. We have now passed the ‘proof of concept’ stage, and feel the opportunity is there to expand. We’re establishing a global presence, and on the look-out for more up-and-coming stars of the future to help us achieve our vision,” said chief executive Joe McMahon.
Lloyd Warwick International was established by McMahon, a former chairman of Charles Taylor adjusting, and by Bateman Chapman founder Dudley Chapman with the support of several other senior market figures. All the staff are specialists in their own fields.
“With new technologies like fracking and renewables coming on stream, and oil and gas exploration taking place in areas that were previously off-limits, this is an exciting time to be involved in the energy industry. Insurance is at the heart of making it all possible, and underwriters are showing greater ingenuity and flexibility than ever,” said Chapman.
The firm’s headquarters are located near the Lloyd’s Building. Talks are under way about opening new offices to increase its international footprint.