Headquartered in London, Baronsmead is a specialist financial risk insurance broker providing consultancy, guidance and insurance to the alternative investment management industry.
Baronsmead started trading in 2002 and was founded on the simple philosophy that an effective bridging of the gap between the insurance and investment industries means that broader policies can be written based on a full and comprehensive understanding of the clients’ needs.
Baronsmead provides investment managers and their funds with risk transfer protection from the legal, regulatory, operational and employment risks they face. In recent years, Baronsmead has settled around $30m worth of manager and fund claims in the UK, New York, Cayman Islands and BVI. Hands-on claims management overseen by an insurance litigation solicitor has led to a proven track record of having claims paid and an extremely high level of customer satisfaction.
Baronsmead has one of the largest dedicated investment manager financial risks insurance teams in London. As a Lloyd’s broker it has access to all insurers, leading company markets and Lloyd’s syndicates, which gives it the ability to provide a wide spread of pricing and products.
Clients range from long established institutional funds to start-ups constituting 100 fund management groups and in excess of 500 funds currently being serviced, with combined assets under management of approximately $180 billion.