Generic Underwriting Solutions Limited (Generic) is a London based Marine Insurance service provider. The principals have been involved in underwriting and managing Marine/Energy lines of business on behalf of a variety of major insurance carriers. The business model concentrates on underwriting niche Marine/Energy insurance business whether on a geographical basis or specialty class basis where they have the expertise and experience to outperform their competitors.
London has long been regarded as the de facto centre of excellence for marine insurance and a major focus for the placement of Marine and Energy risks Generic has been formed to take advantage of the changing insurance market for marine and energy risks.
Some of the most experienced Marine and Energy underwriters in the London market will be employed as consultants by Generic to work with the Generic underwriting team to access their long established network of clients and brokers. The emphasis will be on underwriting that business which has had a long personal association with the consultant and has proven levels of profitability.
Generic has been structured to match the experience and expertise it has available and will leverage this skill base to produce superior returns for its partners.
Our team is very diverse, in addition to the main principals, we have a network of consultants specialising in a number of disciplines and segments.
Mentorship has been described as the influence, guidance, or direction given by a mentor.A mentor influences the personal and professional growth of a mentee. Most traditional mentorships involve having senior employees mentor more junior employees. We offer an external mentoring service our team have experience that others can learn from. Interaction with an expert may also be necessary to gain proficiency with cultural tools.
Underwriter development programmes which are specifically designed including learning from more experienced practitioners. Using traditional classroom setting but increasingly using a virtual environment including webinars, online training and computerised assessments we will design bespoke underwriting development programmes
Expert witnesses are called upon in the court system to serve as an objective party to the lawsuit and never function as an advocate for one side or the other. Expert witnesses are present in litigation to explain complicated issues. Insurance litigation has increased exponentially in the last ten years for several reasons. Complicated insurance and reinsurance coverage issues require expert witness opinion.
Our principals are well known professionals in the insurance industry. The team is complemented and supplemented by access to a pool of consultants specialising in various aspects of insurance.
Our specialisms including underwriting management, peer review, mentoring, expert witness and insurance consultancy.
Useful links to some major maritime institutions or influencers
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Generic Underwriting Solutions Limited
2nd Floor Pennine House