ALARM SE

1
ALARM SE

• ALARM SOUTH EAST
• Update on the Market
• Bill Sulman
• Heath Lambert PSU
• 24 January 2007

2
2006

• A year of consolidation
• Stable rates
• Private Sector v- Public Sector
• LTAs adhered to and extended
• Still restricted number of insurers
• Risk Management- insurable and not

3
2006- other aspects

• Mesothelioma and asbestos claims
• OJEU rules- cooling off and weightings
• Same players- some wins and some losses shared
  across the board?
• London Mutual, CARIG, FireBuy
• Consortia developments

4
2007

• Stable again- RI costs look stable
• Series of catastrophes due?
• Wordings and cover similar
• Terrorism- any thoughts?
• New Players?
• Competition with ART products

5
2007- other issues

• Regionalisation? Unitary Counties?
• ART and alternatives
• Children's Trusts, extended schools?
• Merged authorities?
• What will follow CPA? Are we ready?

6
2008?

• Market may start to harden
• Good time for long term arrangements?
• Regionalisation- less business for us?
• Self insurance high on agenda
• Funds should be examined
• Appetite- market and clients