Catlin > Underwriting > Catlin Syndicate > Classes of Business > Livestock
Livestock
Providing solutions to the livestock sector for over 25
years
Catlin Livestock are specialist providers of
new and creative risk solutions for any
animal raised for profit, including production animals and
high valued exotics and aquatics such as pandas, dolphins and
orcas.
Related classes include
Equine & Bloodstock and
Aquaculture.
Catlin Livestock’s worldwide presence through
Catlin’s International Offices gives unparalleled local
market knowledge and allows Catlin Livestock to provide
comprehensive and competitive solutions for specific needs
of livestock producers within each territory.
With additional support from our in-house claims experts,
specialist wordings department dedicated actuarial support and the
legal team, Catlin provides a depth of resource that underpins our
unrivalled market leading service.
Download brochure
Download Livestock factsheet
Underwriting Appetite
- All livestock in situ and in transit
- Cross sellers of property and liability with strong links to
Catlin Underwriters in these classes
- Maximum Line Size;
- USD $1m any one animal
- Any one farm – USD $10m
- No restrictions on business channel: we accept business direct
or via brokers, on a Facultative / Open Market basis, and via
Lloyd’s and Catlin coverholders with Binding Authorities or
Prior Submit Lineslips.
- We also participate in Proportional and Non proportional
Reinsurance placements: Quota Share Treaties, Stop Loss and Excess
of Loss coverages.
Underwriting considerations
As with any kind of insurance, premiums vary based on the value
of the animals insured and further considerations which may affect
the pricing, terms and conditions of livestock insurance are:
- husbandry standards
- animal health status
- availability and quality of veterinary facilities
- local disease status
Standard Livestock Coverage
All Risks of Mortality – includes death or humane destruction as
a result of an accident, sickness or disease. Excludes intentional
and economic slaughter or slaughter by government order.
Restricted or Specified
Perils –
includes death or humane destruction as result of specific perils
such as fire, explosion, weather perils and impact by vehicles or
aircraft. Excludes intentional and economic slaughter or slaughter
by government order.
Theft –
includes theft and death, humane destruction or wilful castration
as a result of theft or unlawful removal. Excludes mysterious
disappearance or escape.
Extensions for Disease – including:
- Economic slaughter – for diseases causing low mortality
but high economic losses e.g Salmonella enteritidis or
Mycoplasma gallisepticum
- Government Slaughter – for diseases notifiable to the
World Organisation for Animal Health (OIE) which require slaughter
of infected animals or whole herds and flocks e.g. Foot and Mouth
Disease, Highly Pathogenic Avian Influenza
- Movement restriction – for diseases whose economic impact
results from government imposed restrictions on the movement of
animals.
Transit Cover - International or domestic by air, sea, road or
rail
- All risks of mortality
- Restricted perils (including death as a result of collision or
over turning of the carrying vehicle)
- Theft
- Total Loss – in the event of a total loss of the carrying
vessel
- Quarantine - Pre and post transit
- Prohibition of export – in the event of border closure
following a disease outbreak in the country of import/export
- Rejection extension – to automatically extend the period
of cover in the event a shipment is rejected due to border closure
as a result of a disease outbreak in the country of
import/export
- Retest cover – in the event an animal fails a post import
test for a specified disease
Tailored solutions for specific Livestock
Classes
Extensions to Standard Cover for:
Alpacas, Llamas and other Camelids:
- Economic slaughter following permanent infertility, impotence
or being incapable of breeding as a result of:
- Accident
- Sickness or Disease
- Veterinary Fees and Life saving Veterinary fees
- Non Life saving operations under general and local
anaesthetic
Aquatics & Exotics
- Mechanical breakdown
- Power failure
- Pollution
Cattle
- Bull Infertility - Economic slaughter following permanent
infertility, impotency or being incapable of breeding as a result
of:
- Accident
- Sickness or Disease
- Semen suitability extension - in the event semen fails to reach
the standards required for nitrogen storage
- Prospective Calf - in the event that an unborn calf is not
delivered alive or does not survive to a certain age.
- Sales and Show Packages including:
- Fall of hammer cover
- Bull breeding warranty
- Short period insurance covering farm to show/sale until fall of
hammer and/or return to farm including road transits
- Transit Extensions for Cattle:
- Foetus cover – providing indemnity up to 50% of the
female’s value in the event of the loss of her in-utero
foetus
- Mastitis
- Loss of quarter - in the event of permanent loss of use of
mammary quarters in females
Deer & Other Cervidae
- Deer and other cervidae
- Poisoning
- Economic slaughter following permanent infertility, impotence
or being incapable of breeding as a result of:
- Accident
- Sickness or Disease
- Malignant Catarrhal Fever
- Velvet removal – in the event of death resulting from the
removal of velvet and hard antlers
Embryos & Semen
- Loss of Embryos or Semen as a direct result of escape of liquid
or vapour nitrogen from the carrying flask
- Worldwide transits by sea, air, road and rail
- In situ/storage
- Theft
- Loss of or damage to tanks following a valid claim for insured
Embryos or Semen
Pigs
- Suffocation following mechanical breakdown and power
failure
- Debris removal
Poultry
- Mechanical breakdown and power failure
- Debris removal
- Unforeseen heat stress
- Transits International or domestic:
- Day-old chicks
- Hatchery to farm
- Farm to slaughter house
Indemnity
Fair Market Value – In general a
mortality policy will indemnity the fair market value of the animal
at the time of the loss
Agreed Value – In some cases the value of
the animal is agreed at inception for animals such as aquatics or
exotics which may be subject to a lease agreement or for which
market values are difficult to establish. Agreed value policies
often carry an additional premium
Loss of Revenue – additionally, loss of
revenue cover can be provided in the event of mortality of insured
animals. Indemnity is the actual revenue lost as a result of
mortality; e.g. loss of milk sales in dairy cattle or loss of egg
sales for egg layer
Transits – Indemnity for transit coverage
can include the cost of the animal plus insurance and freight
according to the terms of the shipment
- Business Group Leader
-
Nigel Guillaume-Smith
Tel: +44 (0)20 7015 0702
Email: nigel.guillaume-smith@catlin.com
Business Group Leader-Accident & Health/Bloodstock
Nigel’s underwriting career started in 1982 with Syndicate 512, a leader in Accident & Health business. From 1989 to 1992 he was the A&H underwriter for both Syndicate 512 and 530. In 1992 Nigel joined Duncanson & Holt Europe as chief underwriter with responsibility for a broad account encompassing both PA and Medical business.
He joined Wellington with his team at the end of 1999 to develop the A&H account for the Group. He became a member of the Underwriting Executive in 2002 and was also appointed a director for Wellington Underwriting Agency Ltd. He serves on the NMA Business Panel for Accident and Health. Within Wellington he also served on Technical Reserving Group, Training Committee and Security Committee.
- Senior Underwriter
-
Niall McKibbin
Tel: +44 (0)20 7458 5741
Email: niall.mckibbin@catlin.com
Senior Underwriter
Niall began his career in 1979 as a non-marine claims broker with Lowndes Lambert. In 1980 he joined D E Harman & Others, syndicate 584, as an assistant underwriter and in 1984 he became deputy underwriter for the bloodstock/livestock account.
In 1987 he joined M F Newton & Others, syndicate 1027, as the bloodstock underwriter. When the syndicate became part of the Cox Insurance Plc he also became responsible for the Non-Marine Binding Authority account.
Niall joined Catlin in November 2000 as class underwriter for the bloodstock and livestock account and to assist in the development of the short tail binding authorities.
- Underwriter
-
Lorraine Gosling
Tel: +44 (0)20 7648 8266
Email: lorraine.gosling@catlin.com
Underwriter
Lorraine received a BSc (Hons) in Equine Science from DeMontfort University. Before joining Catlin in 2009 as Class Underwriter for Livestock, Lorraine worked at Crowe Livestock Underwriting Ltd for 4 years, progressing to Senior Livestock Underwriter.
-
Robert Heinzl
Tel: +44 (0)20 7220 8471
Email: robert.heinzl@catlin.com
Underwriter
Robert graduated in 1983 from Liverpool University with an honours degree in Biochemistry and, following a year of work experience in Australia, joined Hughes Gibb in Willis as a bloodstock broker. In 1987 he joined Hogg Robinson which became Aon where he continued to broke bloodstock and further specialised into the livestock and exotic animal insurance arena.
In 1999 he joined Heath Lambert Group and in 2007 returned to Hughes Gibb with the single largest book of brokered livestock business in London to help develop the Willis bloodstock and livestock portfolios. Robert decided to pursue an underwriting career and in March 2010 joined the bloodstock and livestock team in Catlin.
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