Insurance

ENERGY & ENGINEERING

Fenchurch Faris has played an integral part in the Middle East engineering insurance market for the past three decades.

FINANCIAL LINES

Fenchurch Faris offers a wide spectrum of financial products catered to banks or any corporate entity facing financial exposures.

MARINE

Fenchurch Faris has formed strong partnerships with major players in the marine insurance market (both internationally and regionally), ensuring that no risk is too small or too big.

CASUALTY

Fenchurch Faris has negotiated numerous time-tested facilities and agreements with first class reinsurers to offer the broadest covers at the most competitive rates.

PROPERTY

Fenchurch Faris has a dedicated team of property insurance specialists with access to a multitude of highly-rated securities and a property facility with one of the most reputable reinsurers in the world.

LIFE, PA & MEDICAL

Fenchurch Faris offers a full range of life and health insurance products and services, which cater to individuals, families and corporate entities.

SPECIAL RISKS

Fenchurch Faris handles all specialist niche classes of business with access to binding authorities through our international partners.

AVIATION

Fenchurch Faris works with several of the worlds leading aviation underwriters to provide the most appropriate coverage for its clients.

TREATY

Fenchurch Faris handles all proportional and non-proportional treaties, including the following:

Property

Class: Property All Risk Fire & Allied Perils
Risks Covered:

Residential Buildings, 5 Star Hotels, Hotel Apartments, Villas, etc.

Limit:

Max. top location value of USD 100,000,000 on MPL basis

Territory:

GCC Countries

Security:

Underwriters at Lloyd’s

Info Required:

3 year loss record being less than 30%, Fully RCC construction, 100% sprinkler protection

Class:Property All Risk Fire & Allied Perils
Risks Covered:

Broad

Limit:

Max. top location value of USD 100,000,000 on MPL basis

Territory:

MENA region

Security:

(AA-) by Standard & Poors

Info Required:

3 year loss record being less than 30%, Fully RCC construction, 100% sprinkler protection

Property All Risk Representatives

Magda Pastalatzi

E: magdap@fenfar.gr

Eva Hadjidima

E: evah@fenfar.gr

Downloadable content

Financial Lines

Class: Directors & Officers Liability
Risks Covered:

Broad including Banks and other Commercial entities

Limit:

Automatic authority, up to USD 20,000,000 any one policy

Territory:

Worldwide, including U.S. if requested

Security:

Underwriters at Lloyd’s

Info Required:

P.F. and audited financial statements or business plan

Financial Lines All Risk Representatives

Magda Pastalatzi

E: magdap@fenfar.gr

Issa Abufarha

E: issaa@fenfar.com

Downloadable content

Marine

Class:Cargo - Small Premium Shipments
Risks Covered:

Single Shipments. No minimum premium requirements

Limit:

Up to USD 2,000,000 per shipment; up to 100% share

Territory:

MENA region including Iraq and war on land subject to underwriters’ agreement

Security:

(B++) by AM Best

Class:Pleasure Craft (Yachts)
Risks Covered:

Pleasure and Commercial Purposes
Hull and Materials, Engines and Machinery, Personal Effects, MDEC, WSRCC, Third Party Liability and Medical Expenses

Limit:
USD 10,000,000 per vessel
Territory:

Arabian Gulf, Red Sea and Mediterranean Sea, excluding Iraqi & Iranian Waters

Security:

Underwriters at Lloyd’s

Info Required:

Model, Age, Length, Engines, Hull material, Max. Speed

Marine All Risk Representatives

Mohammed El Sayyed

E: msayed@fenfar.com

Afroditi Papagiannaki

E: afroditip@fenfar.gr

Downloadable content

Political Violence

Class: Political Violence
Risks Covered:

Broad, including Political Violence, Sabotage & Terrorism, SRCC, Business Interruption and Loss of Rent

Limit:

Automatic authority, up to USD 30,000,000 any one policy

Territory:

Worldwide, excluding Sanctioned Countries

Security:

Underwriters at Lloyd’s

Info Required:

Loss History for the past five years, breakdown of the exposure, security measures and exact location / address

Political Violence All Risk Representatives

Magda Pastalatzi

E: magdap@fenfar.gr

Areti Avgoustaki

E: aretia@fenfar.com

Downloadable content

Professional Indemnity

Class: Professional Indemnity
Risks Covered:

Engineers, Lawyers, Accountants, Architects & Miscellaneous Classes. Single projects and annual policies
Including 10-year extended reporting period

Limit:

USD 30,000,000 any one occurrence
Unlimited Aggregate for Annual Policies

Territory:

MENA Region

Security:

Underwriters at Lloyd’s

Info Required:

Proposal Form

Class:Professional Indemnity
Risks Covered:

Engineers, Lawyers, Accountants & Architects
Single projects and annual policies
Including 10-year extended reporting period

Limit:

USD 5,000,000 any one occurrence and in the aggregate

Territory:

MENA Region

Security:

(AA-) by Standard & Poors

Info Required:

Proposal Form

Professional Indemnity All Risk Representatives

Sindy Kolyva

E: sindyk@fenfar.gr

Imad Garaisy

E: imadg@fenfar.gr

Downloadable content

Liability

Class: Commercial General Liability
Risks Covered:

Broad

Limit:

USD 75,000,000

Territory:

Worldwide

Security:

Underwriters at Lloyd’s

Info Required:

Proposal Form

Class:Employers Liability & Workers’ Compensation
Risks Covered:

Workers Compensation as per local legislation with Employers’ Liability as an add-on cover. Onshore or Offshore risks, including medical expenses, repatriation expenses & transportation to/from worksite.

Limit:

USD 25,000,000

Territory:

Worldwide, excluding USA/Canada

Security:

Underwriters at Lloyd’s

Info Required:

Proposal Form

Class:Tour Operators’ Liability
Risks Covered:

Legal liability for bodily injury and property damage in connection to any travel or tour arrangements carried out by the Insured.

Limit:
USD 25,000,000
Territory:

Worldwide

Security:

Underwriters at Lloyd’s

Info Required:

Proposal Form

Liability All Risk Representatives