Date: January 2012
Mike Taylor-West joins La Playa as Head of Private Client & Marine, London as the company heads into the wind with a new specialist provision for yachts and pleasure craft.
La Playa is on a growth curve and is seeking to offer increasingly specialist advice and cover for its high net worth clientele. A seasoned sailor himself, Mike has over 17 years’ experience in Private Client and Marine insurance at Pantaenius, Chubb Masterpiece and Savills Insurance Services. He will operate from London, the home of global marine insurance.
With Mike on board, La Playa will access the world’s leading insurance markets, including Lloyds of London, for yacht, motor yacht and superyacht underwriters. Mike explains; “A number of insurance intermediaries exist for specialist yacht insurance but few provide the genuine capacity for personalised and expert relationships across their clients’ whole insurance portfolio - properties, valuables, cars and yachts. And as well as insuring the craft as an asset, we can help with chartering, UK crew Employer Liability and crew medical needs."
Clients with marine assets can choose between a standalone and portfolio approach to their insurance. A portfolio solution means just one set of paperwork and one renewal date for their home, car and yacht policies – a significant saving on time and administration. Matthew Mullee, Director of La Playa Private Clients, says: “This is an exciting addition to the La Playa skill set – and clients love to work with someone who understands their lifestyle and shares their passions.”
La Playa is a small broker with big ideas: “We’re hungry - we want to quadruple in size by 2015 so 2011 has been a year of bold strategic moves for us. Our great challenges are finding high calibre people for our specialist practice groups, and preserving our culture of quality, fun, panache, "can do" and social responsibility as we grow”, says CEO Mark Boon.
La Playa has continued to grow through the recession, and is now looking at international expansion to reflect its increasingly international client base in media, arts and technology. Established in June 1999 as broking’s “bright young thing”, La Playa’s “Insurance with Intelligence” approach has brought a refreshing new voice to the industry, providing first class service and specialist advice in the niche areas of Media & Production, Arts & Entertainment, Science & Technology and Private Clients.