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Chairman of Lloyd's witnessed the pilot coverholder cooperation between Lloyd's China and CIB
On October 27 2016, Mr. John Nelson, Chairman of Lloyd's visited CIB and participated in the awarding ceremony of Pilot Coverholder Plaque in China, accompanied by Mr. Eric Gao, Director and General Manager of Lloyd's China, Ms. Xu Jun, Deputy General Manager of Lloyd China and Head of Market Development and Mr. Chen Songlin, General Manager of Lloyd China Beijing Branch. This is also the second visiting to CIB by Mr. John Nelson. Chaucer Syndicate at Lloyd's also attended the ceremony.
Mr. Dai Xun, Director of CIB Mr. Alan Zhang, Managing Director and Mr. Xu Li, Deputy General Manager attended the ceremony. The ceremony was held by Mr. Chen Songlin. After the opening speech, Mr. Eric Gao issued the authorization letter to Mr. Alan Zhang, then they signed the binding authority agreement. Mr. John Nelson witnessed the whole progress then made a warm closing speech. At the end of speech, the Coverholder Plaque was awarded to Mr. Dai Xun by Mr. Nelson.
As the fastest response to New National Ten Opinions to Development of Chinese Insurance Market, CIB strives to practise the innovation on products and services. We cooperate with Lloyd's China actively and introduce the binding authority system into Chinese market, and most importantly we success to apply to become the first coverholder in Chinese Market, which is of great significance of playing the innovation role of insurance intermediary.
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