Market Overview

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

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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, 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:

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  • At Rendez-Vous: Expense Pressures and Technology Driving
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    : A panel of experts said with brokers now
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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
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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.

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