Corporate Banking Services for Insurance Sector

Insurance

The first sector team to be established at Barclays, our Insurance team now has Relationship Directors operating in London, New York and Western Europe, offering a combined insurance banking experience of over 110 years.1

We can offer you the experience that comes from working with many of the sector’s top businesses, with a lead or active relationship with:

  • 80% of managing agencies at Lloyd’s of London1
  • 75% of the largest capital providers at Lloyd’s1
  • 70% of global brokers1
    1st specialist sector team at Barclays.¹


As one of our Insurance clients, we can also offer you:

  • a full corporate banking service, with products and services available for all sectors of the global insurance market
  • support in key insurance and reinsurance domiciles, including Bermuda (where we were one of the first UK-domiciled banks to support the market), New York, Dublin, Western Europe, Africa (through our close working relationships with Absa) and the UAE
  • access to sector-dedicated seminars to keep you updated on information specific to the Insurance market


Focused expertise across the sector

To be more closely aligned to your specific business requirements, our Relationship Directors have dedicated areas of focus:

  • P&I Clubs
  • Run-off Specialists
  • Brokers
  • Life and General Insurance
  • Non-Life Reinsurance
  • Lloyd’s Market


What we can offer

To support the diverse needs of the Insurance sector, we can offer a range of products from across Barclays, including:

Cash Management

Optimise your working capital with products that enable you to efficiently manage funds, payments and collections.

Cash Pooling

Optimise the efficiency of your working capital with our Cash Pooling techniques.

Debt Capital Markets

Origination and structuring of fixed income securities to meet specific needs

Financing

Access an extensive range of finance products to fund a variety of needs.

Foreign Exchange

Reduce the risk of the exchange rate volatility and benefit from our sector professionals who can offer you products that meet your FX requirements.

Trade Finance

Improve your cashflow and your trading potential both in the UK and overseas.

We can also provide products particularly suited to your sector, such as Reinsurance Letters of Credit, Funds at Lloyd’s Letters of Credit, Senior Debt (Syndicated or Bilateral) Term or Revolvers and Catastrophe Liquidity Lines.


Contact our Insurance team

Carl Boulton – Head of Insurance

Carl Boulton – Head of Insurance

Carl joined Barclays in 2007, with a remit to build the Barclays reinsurance proposition both in London and Bermuda and also lead the insurance broking market. Having led the team through its strongest period of growth during 2008, he was subsequently promoted to Head of Insurance.

Carl is responsible for delivering a differentiated corporate banking proposition to the insurance market, supporting clients across Europe, North America and Bermuda. He brings a wealth of industry knowledge and over 20 years of banking experience.

To find out what our Insurance team can do for your business, email Carl or call our dedicated team on 0800 015 4242*

 

1Source: Barclays, August 2012

How can we help?

If you are new to Corporate Banking at Barclays, call us on: 0800 015 4242*

Existing client?