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| Name | : | Stephen Sumption |
| Key Skills | : | A fluent French speaking insurance professional with in-depth experience of claims management and control, new product development, client contact and liaison; and with proven experience of leadership, training, and the management of personnel. He provides independent consultancy services in the area of Professional Liability Insurance. These services include:
• Independent assessment of claims
• Assistance with claims presentation and negotiation
• Review of policy wordings and assistance at renewal.
• Review of Errors and Omissions procedures.
• Assessment of the effectiveness of remedial measures taken after an E&O incident or claim.
• Interim Management
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| Location | : | London & South East. Available for projects worldwide. |
| Specialisation | : | Stephen has experience with all professions but has considerable experience in the Financial Sector. This has ranged from negotiating disputed professional indemnity claims on behalf of an Independent Financial Adviser to negotiating the commutation of back year liabilities for an international clearing bank. He has also been involved in assisting in the presentation of the renewal of Professional Indemnity policies. |
| Additional Info | : | In the course of 25 years in the London Insurance Market, 20 of them in Professional Indemnity, he has been involved in all areas of the business including placing, claims and the technical side. He set up and ran both the policy and claims departments of a specialist Lloyd’s broker. He has also developed insurance wordings tailored to the clients requirement and researched new markets. |
| Experience with Industries | : | Stephen has been involved with most professions but specialised in the financial service sector for 10 years prior to becoming an independent consultant. He is a contributor to Kluwer's Insurance and Reinsurance Law Briefing. |
| Experience with Countries | : | Initiative Marketing to Hungarian financial institutions, and Due Diligence in France. |
| No. of Years Experience | : | 30 years experience, 5 as an independent. |
| Languages | : | French |
| Email | : | Contact Stephen Sumption |
