Headquartered in London, our Financial Lines team is able to coordinate with offices across the globe to provide specialist services in these core disciplines:
- Bankers Blanket Bonds and Financial Institutions Bonds
- Financial Institutions Professional Indemnity
- Cybercrime, Electronic and Computer Crime
- Commercial Crime
- Cash-in-Transit
- Payment Card Industry Risks
- Cyber Business Interruption
- Fidelity Guarantee
The team consists of Loss Adjusters, Accountants, and Lawyers with international experience; combining multiple disciplines to deliver excellent results in complex circumstances.
At McLarens we continually look for ways to innovate and our Financial Lines team is eager to bring efficiencies to the market through digitization. The team is working with our IT department and IT partners to provide an evidence collection platform that offers clients and their customers transparency through virtual data rooms.
Our team understands the need for tailored services to meet the varied needs of clients and their customers; that’s why we offer a range of services to drive customer experience and deliver cost-effective solutions.
Services
The London team recognizes that not all notifications require the same service. That is why, here at McLarens Financial Lines, we truly offer tailored services.
Using four base services with accompanying fee mechanisms, we encourage our clients to select a service to suit:
- Full Service
A traditional ‘cradle-to-grave’ appointment. Review of proposal/application form representations and identification of relevant policy terms and conditions. Updates every 30 days and full format reporting
Fee Basis: Time & Expenses
- Factual Investigation
A thorough investigation of the notified incident, transcribed into a circumstances-only report for clients to examine pursuant to policy terms and conditions.
Fee Basis: Time & Expenses
- Proof of Loss Guidance
Provide guidance, and ongoing assistance, in order for the Insured to prepare a sworn proof of loss (or similar) with supporting documentation.
Fee Basis: Scale Fee
- Ad-Hoc Services
Services to supplement a client’s day-to-day case work (e.g. translations or quantum assessments).
Fee Basis: Hourly Rate, Capped
Our aim is to provide services that continue to meet the highest standards while being in line with the level of exposure presented by the particular notification.
For information on our local solutions in Latin America & the Caribbean, please visit our Latin America regional page.
