TYRE FACILITY

TYRE FACILITYGLOBAL TYRE RISKSDrawing upon our brokers’ knowledgeand the expertise of our colleagues inlocations across our internationalmarkets, we have an in-depthunderstanding of the key issues affectingthe tyre industry. These include:••Ever-tightening regulations onproduct liability affecting the globalindustry – particularly manufacturerswho export to the US and Canada.••Increasing pressure to manage risk inan environment where competitiveinsurance protection is difficult to find••Significantly higher costs for rawmaterialsWHAT BOWRING MARSHOFFERSWe place risks of varying complexityand size, continuously assessspecialist markets all over the world,and have developed a specialised TyreFacility that offers tyre manufacturersa tailor-made solution. Businesses cannow get minimum ‘A’ rated insuranceprotection from a large selection ofexperienced London market insurers,who have qualified claims handlers.The Bowring Marsh Tyre Facilityprovides specialist coverages for non-USA manufactured products that arenot readily available on the openmarket, such as:••remoulded and retreaded tyres••racing tyres••product recallCREATING VALUE WITHVOLUMEBowring Marsh has strongrelationships with tyre manufacturingmarket leaders, and the amount ofbusiness we place with (re)insurers hasa positive impact for our clients. Inmany cases, Bowring Marsh is the (re)insurer’s primary source of business.Some of the featuresavailable throughBowring Marshinclude:••Coverage for worldwide exports••Up to USD100 million indemnitylimit per occurrence(annual aggregate)••Security from a wide variety of‘A’ rated Lloyd’s syndicates• • USD100,000 minimumdeductible level for US andCanada – negotiable for the restof the world

WHAT WE NEED TO KNOWTo provide a competitive quotefor Tyre Facility protection, we ask for afull liability insurance submission,comprising:••Name and location(s)••Business description••Product inventory, and brochures ifavailable••Minimum five-year ‘ground up’ lossrecord••Turnover by territory••Turnover by category••Units manufactured per annum,by categoryFor moreinformationcontact:LondonABOUT BOWRING MARSHBowring Marsh is the specialist international placement broker for Marsh. Workingexclusively with Marsh, Bowring Marsh provides access for clients, wherever they are inthe world, to international insurers through its global insurance placement platform.JASON HAYnesHead of International Casualtyjason.haynes@marsh.com+44 (0)20 7357 3654LUKE DENNERLeYSenior Casuallty Brokerluke.dennerley@marsh.com+44 (0)20 7357 3775MAtthew LightowlerCasualty Brokermatthew.lightowler@marsh.com+44 (0)20 7357 3639With over 260 insurance brokers located across all the major international insurancehubs, Bowring Marsh provides customers with options in the international markets.We drive price and coverage by putting international and domestic insurers intocompetition against each other and by differentiating our customers’ risks; whetherthey are strategic insurance buyers, claims distressed, exposed to naturalcatastrophe or buying large limits due to the nature of their operations.Placing in excess of USD2 billion of premium for more than 1,500 customersannually, we use the breadth and depth of our portfolio experience and industryknowledge to innovate, customise, and broker our clients’ insurance contractswith international insurers.The information contained herein is based on sources we believe reliable and should be understood to be generalrisk management and insurance information only.The information is not intended to be taken as advice with respect to any individual situation and cannot be reliedupon as such.In the United Kingdom Marsh Ltd. is authorised and regulated by the Financial Services Authority for insurancemediation activities only.©Copyright 2011 Marsh Ltd. All rights reserved. Ref: BM.PFS.24 GRAPHICS NO. 12-0744b