Welcome to Baronsmead

Headquartered in London, Baronsmead is an independent specialist financial risk insurance broker providing consultancy, guidance and insurance to the alternative investment management industry.
 
Baronsmead started trading in 2002, set up by Senior Partner Robert Kelly who due to his earlier career experience as an underwriter, saw a gap in the industry for a focused and specialist broker for hedge funds and investment managers. Baronsmead was founded on the simple philosophy that ‘a more effective bridging of the gap between the insurance and investment industries means that broader policies can be written in a collaborative manner based on a full and comprehensive understanding of the clients’ needs.’
 
Baronsmead provides managers and their funds with consultation and risk transfer protection from the legal, regulatory, operational and employment risks they face. In recent years, Baronsmead has settled around $25m of manager and fund claims in the UK, New York, Cayman Islands and BVI. Hands-on claims management is key to client satisfaction, which is why we have our own insurance litigation solicitor in-house who personally manages the claims process. We look to provide our clients with policies that work and these are only placed with insurers that have a good track record of paying claims.
 
Baronsmead’s risk reviews and proprietary risk mapping tools further ensure that we fully understand our clients’ risks. We are therefore better placed to represent these to the insurance market, in turn allowing us the ability to secure improved coverage and terms. We are committed to working as an integral part of our clients’ risk management team and can alleviate much of the burden involved in purchasing insurance. Baronsmead take every assurance to be as close to our clients as possible; from situating the Head Office in Mayfair, with the intention to make meetings closer and easier for our clients, to the way in which the firm is run as a privately owned partnership.
 
Baronsmead have the largest dedicated hedge fund financial risks insurance team in London, we are continually looking for better ways of ensuring there is consistent synergy and understanding in how we work with our clients. For this reason, we work with other key external insurance brokers for general and employee benefit insurance. This synergy allows our clients to obtain specialist insurance advice for every product, as opposed to dealing with generalists. As Lloyd’s brokers, we have access to all insurers, leading company markets and Lloyd’s syndicates, which gives us the ability to provide a wide spread of pricing and products.
 
Our clients range from long established funds to start-ups for whom we have a dedicated advisory team. We are currently providing insurance services to over 80 fund management groups and in excess of 500 funds, with combined assets under management of approximately $180 billion. We are continually looking to add to our team of specialists to ensure that we have the flexibility to deal with a multitude of different financial risks faced by our clients.
    Insurance benchmarking for hedge fund COOs
 
    Seminar for Investment Managers and Fund Directors
 
    Confidential review of your policy cover?