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The Details

About Us

Furness Underwriting Europe is a MGA Lloyd’s Coverholder specialized in the development of insurance solutions for the Professional Liability market in several European countries.

Furness Underwriting’s success derives from a pure approach to insurance, thanks to:

  • customized policy wordings;
  • over 15 years of close cooperation for with selected Lloyd’s Syndicates and solid insurance companies;
  • in-depth knowledge of the Insurance Markets in which it operates and the related legal systems;
  • technical, administrative and commercial support to its Partners.

Moreover, thanks to a reputation of integrity, competence and dynamism, Furness Underwriting is the trusted partner of choice of a number of Lloyd’s Syndicates and insurance companies to access foreign markets, develop distribution solutions and innovative products, operate in complex market niches.

Both the policy issuance platform and the online and offline raters are developed by a team of in-house programmers. Lastly, since 2010 most of the claims on Furness Underwriting policies are managed by the loss-adjusting company CHP Legal.

 

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This is an extracurricular internship. Please only apply if you have completed your university studies. Please submit both CV and Cover Letter in English: both are mandatory for your application to be considered.

 

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Internship at the London-based Furness Insurance Services group of companies, which includes: International Professional Risks Europe, Lloyd’s Broker (www.iprbrokers.com), Furness Underwriting Europe, MGA Lloyd’s Coverholder (www.furnessunderwriting.com), CHP Legal, loss adjusters (www.chplegal.com).

Areas of Activity

Business-to-Business Insurance, Professional Indemnity, Underwriting, Broking, Loss-Adjusting.

Internship Objectives

  • Understand the dynamics of Lloyd’s insurance market
  • Learn about the main classes of risk and their characteristics- Understand what Lloyd’s Brokers, Coverholders and loss-adjusters do.
  • Acquire a 360-degree overview of the Liability insurance
  • Understand the synergies among the companies of the FIS group
  • Improve the English language skills

Activities

  • Assist in daily business activities
  • Be involved in one-off projects and in various steps of the risk management cycle
  • Research insurance related matters
  • Analyse data and draft reports
  • Shadow key people in various departments

 

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Eligibility Requirements

  • To have attended insurance-related university courses or have an insurance-related work experience
  • Proficiency in Excel, Word, PowerPoint
  • English level B2
  • Italian level C1
  • Spanish, French are a plus

The Internship

  • Open to business economics, law graduates
  • Yearly calendar of 3-month internships:
  1. Week 2 to Week 14 (January to early April)
  2. Week 15 to Week 27 (April to early July)
  3. Week 35 to Week 47 (late August to late November)
  • Compensation: A grant is provided for the internship

The Group
The Furness Insurance Services (FIS) group of companies provides unrivalled integrated services to the insurance industry: brokers, MGAs, risk carriers and direct clients in a broad range of classes of risk.

FIS’ mission is to anticipate and exceed the expectations of Partners and Customers.

The group’s head office is based in the City of London, operations are conducted from London, Milan, Brussels and Madrid.

THIS IS AN EXTRACURRICULAR INTERNSHIP. PLEASE APPLY AS EARLY AS TWO/THREE MONTHS IN ADVANCE AND ONLY IF YOU HAVE COMPLETED YOUR UNIVERSITY STUDIES.

Privacy Notice: The process of handling personal data by the companies belonging to the Furness Insurance Services group complies with the GDPR – EU Regulation 2016/679.

 

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London

07506 563 885

info@ther3cruit.co.uk