In response to growing regulatory action and tightening legislation, Atlanta-based Crawford & Company launched a new Financial Lines Claims Service throughout Europe headed by Rianne Baumann, liability director for Europe, and John Buckle, liability managing director for the UK.
“From professional indemnity, D&O and E&O to fraud and cyber breach, today’s corporates are faced with a changing risk and exposure landscape,” said Mike Reeves, head of Global Technical Services(TM). “The less-forgiving regulatory environment and spread of collective actions from the U.S. into Europe are just two trends challenging organizations and their directors and officers. In this environment, the risk and insurance community needs an experienced team of experts to evaluate and assess financial lines claims in microscopic detail,” Reeves said.
Crawford unveiled its new service for insurers, reinsurers, captives and multinational clients at the Federation of European Risk Management Associations (FERMA) Risk Management Forum in Venice. The new Financial Lines Service offers extensive experience in multi-insurer, multi-layer, reinsured and captive-led covers across the UK and Europe. Claims of any size or complexity are handled by this new service.
Source: Crawford & Company
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