Insurance Technology Industry News

TMCNet:  A.M. BestTV at Rendez-Vous: A.M. Best's New Amsterdam Office to Open in October

[September 14, 2018]

A.M. BestTV at Rendez-Vous: A.M. Best's New Amsterdam Office to Open in October

In this A.M.BestTV episode from the 2018 Les Rendez-Vous de Septembre (Rendez-Vous) conference in Monte Carlo, Monaco, a panel of A.M. Best executives discuss the opening of a new office in Amsterdam, in response to Brexit. Click on http://www.ambest.com/v.asp?v=rvs5918 to view the entire program.

Participating on the panel were Nick Charteris-Black, managing director, market development, EMEA; Angela Yeo, senior director of analytics and head of operations for the Amsterdam office; and Greg Carter (News - Alert), managing director of analytics.

Charteris-Black highlighted why A.M. Best selected Amsterdam for its new office.

"The three key reasons were the logistical connections that Amsterdam has with the rest of the European Union, the ease of doing business there and Amsterdam's talent pool, in terms of the people who already work there and its ability to attract employees from London," said Charteris-Black.

Yeo spoke about staffing and how many A.M. Best clients would be transferred to the new office. "The new office will have a staff of about 15 people, who will service about 80 clients. That equates to roughly a third of our current London client portfolio," said Yeo.

Stressing the consistent application of A.M. Best's ratings methodology, Carter said, "A.M. Best has one global ratings methodology, which means that all of our rating and analytical operations follow the same methodology. It is important that our clients understand that a credit rating issued from the Amsterdam office will mean exactly the same thing as a like credit rating issued from any other A.M. Best office."

For full video coverage of the Rendez-Vous conference, including exclusive executive interviews, visit http://www.ambest.tv/rvs18.

Recent episodes of A.M.BestTV include:

  • At Rendez-Vous: Reinsurance Outlook Remains Negative, But Opportunities Are Growing, A.M. Best Panel Says: A panel of A.M. Best analysts said reinsurers still face profitability pressures, but the increasing demand for insurance is providing growth opportunities: http://www.ambest.com/v.asp?v=rvs4918.
  • At Rendez-Vous: Insurers Still Lagging in Promoting and Paying Women, Panel Says: A panel of experts said the insurance industry continues to lag behind other industries in the percentage of senior management positions held by women: http://www.ambest.com/v.asp?v=rvs3918.
  • At Rendez-Vous: Expense Pressures and Technology Driving Distribution Evolution: A panel of experts said with brokers now underwriting, underwriters distributing insurance and reinsurers writing direct business, the distribution model is evolving: http://www.ambest.com/v.asp?v=rvs2918.
  • At Rendez-Vous: Reinsurers Race Against Whirlwind of Changes: Reinsurers and related professionals gather amid an evolving landscape and challenging market conditions: http://www.ambest.com/v.asp?v=rvs1918.

A.M.BestTV covers exclusive A.M. Best and insurance industry information and reports, targeted topics and key developments in the insurance, reinsurance and related sectors daily. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best is a global rating agency and information provider with a unique focus on the insurance industry. Visit www.ambest.com for more information.

Copyright © 2018 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.


[ Back To Insurance Technology's Homepage ]