Kay International
Plc
Insurance & Reinsurance
About Us
Kay International Plc “Kay” has been established in the UK since 1980 and will celebrates its 44th Anniversary in 2024. Kay has an established brand and proven track record and is known in the market for providing niche products and schemes to direct clients and brokers in the UK and reinsurance support to overseas brokers and ceding insurers. Kay is an underwriting Agent (MGA), Lloyd’s coverholder and Lloyd’s broker.
Kay is particularly strong in CIS, CEE, MENA, Africa and Far East and presently receiving pipeline of reinsurance businesses from these markets. In addition to its recognition in the traditional insurance arena, Kay is acknowledged as a niche player in the industry, focusing on markets that are either ignored by larger brokers and underwriting agencies or regarded as too challenging.
OUR ATTRACTION
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We are an authorized Lloyd's Broker (There are only 220 Lloyd's Brokers in the world)
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We are a founding member of the Managing General Agents Association (MGAA)
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We are regulated by the Financial Conduct Authority "FCA" in the UK
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We have 43 years of track record
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We are acknowledged as a niche player in the industry, focusing on markets that are either ignored by larger brokres, underwriting agencies and insurers or regarded as too challenging.
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We have various binding authorities and facilities from the Lloyd's and International Market
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We have TOBAs with Majority of Lloyd's Syndicates and with over 900 active Insurers, Reinsurers and Brokers including Marsh, Willis, JLT, AON, Guy Carpenter, Arthur J Gallagher etc.
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We are represented in DIFC "Dubai", Romania and in Hong Kong
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The Management have successfully established eleven Insurance Companies in Central Asia, CIS, CEE and Africa
Click here for Londongate Investment & Management Plc that are ranked within the top quartile.
OUR STRENGTHS
We are Innovative
We are a Pioneer in providing tailor made unique products for the emerging and European markets, such as ATE and Surety Bonds.
We are known
Our group is known in the market for providing 1st class insurance and reinsurance security.
We have a Track Record
The management have successfully established a Lloyd’s brokerage firm, an Underwriting Agency and eleven Insurance companies in the UK, Central Asia, CIS, CEE and Africa.
We have a network
Kay has other than its own Group network, a distribution of more than 250 Overseas Insurers and 460 active brokers in the UK and overseas including Willis, JLT, AON, Guy carpenter, Anther Gallagher, etc. We will continue to expand our portfolio from our Appointed Representative in the UK.
Kay’s outlook and strategy
Kay’s aim is to increase its existing premium income by expanding it's MGA section and establish new operations worldwide as well as to continue developing the broking and Underwriting side of the operation.
OUR
BINDERS &
FACILITIES
01
Commercial Property
Property Binding Reinsurance Facility with Limit up to USD 5m per risk on PML with Company Market Security - areas we write are:
a) Far East, mainly Vietnam, Cambodia, Sri Lanka, Bangladesh, Indonesia and Philippines but excluding mainland China and India.
b) Turkey, Central Asia (Georgia, Armenia, Kazakhstan, Azerbaijan but excluding Russia, Ukraine and Belarus.
c) Middle East but excluding Sanction countries
d) Africa but excluding southern Sudan and South Africa
02
General Liabilities
Limit USD 25m excluding USA and Canada, facility with Syndicates at Lloyd's
03
Personal Accident
Limit £5m Worldwide including Medical and Disability - facility with Lloyd's Syndicates
04
Professional Indemnity
Lineslip and Binder - Worldwide for Non-regulated classes such as freelance Solicitors, IFAs, Architects, Insurance Brokers and Engineers - Limit USD 5m (or equivalent in other currencies) - Security Lloyd's and International Company Market
05
Latent Defect Facility
UK Only - Binding Limit up to £5m cover for 10 years, with Company Market
06
Credit Risks/Bonds
Binding Lineslip facility up to USD 5m to accept Factoring, Financial Guarantees and Performance Bond risks worldwide excluding USA/Canada with International Company Market
07
Marine Cargo and Hull & Machinery
Our binding Limit for Cargo shipment is USD 5m per shipment. We are also involved in insuring Yachts and small vessels. Limit USD 5m upwards.
08
IBG (Insurance Back Guarantee)
UK Only - Limit up to £100,000 with the company Market as Security
09
Hull & Machinery Facility
Worldwide Facility covering:
Flat Barge and Fishing vessels Up to USD 500,000
Tug Boats Up to USD2.5m
General Cargo Carrier Up to USD5m
Pleasure Boats and Yachts Up to USD5m
Commission to Brokers 10%
OUR BROKING DIVISION
Kay’s broking team are very much active in placing
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CAR / EAR
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Oil and Energy Risks
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Yachts
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Financial Risks
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Bonds
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D & O
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Latent Defect
THE
GROUP
Londongate Investment & Management Plc "LIM" is a UK based Insurance Management Group and is acknowledged as a niche player in the insurance industry, focusing on markets that are either ignored by larger brokers and insurers or regarded as too challenging.
LIM (www.londongate.co.uk) has invested in 14, managed and successfully exited from 12 regulated or insurance related investments in the UK, Central and Eastern Europe, the Middle, Far East and Africa. Brian Salmanpour, the Chairman and owner of LIM, is a UK FCA Approved Person and is also the Chairman of Kay International Plc.
Since 1980 The Management has established
Kay International plc UK
Anglo Romana Insurance Co Bucharest, Romania
Anglo Tashkent Insurance Co Tashkent, Uzbekistan
Anglo Russia Insurance Co Moscow, Russia
Atlantic Londongate Insurance Co Nouakchott, Mauritania
London Almaty Insurance Co Almaty, Kazakhstan
London Tbilisi Insurance Co Tbilisi, Georgia
Londongate Azerbaijan Insurance Co Baku, Azerbaijan
London Bishkek Insurance Co The Kyrgyz Republic
London Yerevan Insurance Co Yerevan, Armenia
Londongate Gambia Insurance Co Banjul, The Gambia
London Dushanbe Insurance Co Dushanbe, Tajikistan
Londongate are in discussion to set up an Insurance Company in Portugal to accommodate Re insurer's as a result of Brexit.
OUR CHAIRMAN
The Management and Underwriting Team comprise members who are known in London and overseas markets and who have experience of working in the Former Soviet Union Countries and the Middle Eastern. Its members are pioneers in providing tailor made unique products for the emerging markets. The team are led by:
Brian Salmanpour
Brian Salmanpour the co founder and Chairman of Kay International Plc and Londongate Plc, is responsible for strategic development of the Group. He has considerable experience in setting up insurance operations in the emerging markets, having established in 1974 Bland Payne’s (Lloyd’s broker) operation in Middle East as well as setting up in 1975 Hafez Ins. Co with Royal Ins Co (UK) and Continental Ins Co (USA) as foreign partners.
In 1980 he set up Kay International Brokerage operation in the UK and went on to tribunalize the company at Lloyd’s with various underwriting authorities as Lloyd’s Coverholder and Later on made Kay International Plc a Lloyd’s Broker. His involvement with Eastern Europe began in 1993 when he set up an insurance company in Romania and went on to establish 5 further insurance operations in Russia, Uzbekistan, Georgia, Bulgaria and Kazakhstan. He was responsible for establishing six further insurance companies in Azerbaijan, Armenia, The Kyrgyz Republic, Tajikistan, The Gambia and Mauritania.
THE TEAM
HISTORY
Download our Know Your Client (KYC) Form, complete and send to maxinel@kayint.co.uk
Download our TOBA, complete and send to maxinel@kayint.co.uk
TERMS OF BUSINESS
AGREEMENT
- RISK TRANSFER -
(INTERNATIONAL TOBA)
Download our TOBA, complete and send to maxinel@kayint.co.uk
KNOW YOUR CLIENT
(FYC)
FORM
TERMS OF BUSINESS
AGREEMENT
- RISK TRANSFER -
(UK TOBA)
CONTACT US
Suite 809, Lloyd's Building, One Lime Street, London, EC3M 7DQ
Tel: 020 7398 2580
Email: brians@kayint.co.uk
