Paul Bastien

Senior Claims Adjuster @Velonetic

London, GB
MOBILE NUMBERS
+91 *********19

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WORK HISTORY

Nov 2023 — Present

Senior Claims Adjuster @Velonetic

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London, GB

Adjusting Non-Marine claims from first advice through to final settlement, both via brokers’ files and directly with appointed experts.Reviewing reserve recommendations and adequacy and adjust as appropriate.Handling claims within current guidelines for Lloyd\'s (the LCLA) and the current processes and procedures.Appoint, handle and manage Lawyers, Adjusters and Third Party Administrators with regards to the handling of claims, reviewing fee invoices and agree as appropriate.Dealing efficiently and professionally with Lloyds Managing Agents claims adjusters, in person, via the telephone and e-mail.Appropriately communicating with London Brokers professionally, via telephone or e-mail, or other electronic media, with regards to the ongoing management of claims.Extensive knowledge of slips, LPSO signings and wordings in respect of Binding Authorities, Bulking Lineslips, Lineslips, Package Policies, Direct Insurance, Facultative Re-Insurance and Excess layer policies.Training and developing other staff members, in respect of adjusting claims, along with the various Lloyds and London Market practices, standards, procedures and processes.

SKILLS

Property & Casualty InsuranceInsurance AdjustingProfessional LiabilityLiability AnalysisCommercial InsuranceCasualty InsuranceSolvency IiClaims ResolutionInsurance LawProperty ClaimsAdjustmentsClaim InvestigationCatastropheWorking with BrokersLoss AdjustingInsuranceAccidentSubrogationCasualtyExcessSettlementClaimClaims ManagementLitigation ManagementBrokersProduct LiabilityUnderwritingWorkers' Compensation ClaimsClaims InvestigationsAdjustersInsurance BrokerageIndemnityProperty DamageLegal LiabilityLiabilityReinsuranceGeneral InsuranceClaims HandlingWorkers CompensationCommercial Lines

ABOUT PAUL BASTIEN

Highly motivated, adaptable Senior Claims Adjuster, with substantial Insurance experience of the London market, handling claims across many classes of business. Technical expertise covering Lloyds systems, reporting requirements, and Claims Scheme regulations. Knowledge of slips, LPSO signings, Binding Authorities and risks placed via Direct and Facultative Reinsurance. Client focused, ensuring service delivery of the highest standard. Flexible team player, with strong communication and negotiation skills, who builds good relationships at all levels.

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