Meet our Team in Iceland

Reykjavik skyline
Bjarni Olafsson, General Manager

Bjarni Olafsson, General Manager

Bjarni has 25 years of extensive experience in Icelandic and foreign insurance markets. Before joining Howden he worked at Vörður (local insurers) in various jobs, e.g. as a key account manager. Bjarni has been a key account manager for companies such as Isavia, Landsvirkjun, Landsbanki, Íslandsbanki, Arion Banki, Marel, Össur and Eimskip. Bjarni also worked in the Insurance Market in London for several years, where he serviced Icelandic companies with interests and subsidiaries abroad, on behalf of the local insurers Sjóvá. For the last few years he has also worked as a manager, a specialist in risk assessment and loss prevention and has been involved in tender pricing.

Howden offers among other things the following services:

  • To evaluate whether there is an occasion to tender with local insurances by looking at the current claims history and insurance costs.
  • Review insurance requirements based on today's business set-up and see if anything is excessive or if there are any gaps in the protection.
  • View whether it is possible to optimize insurance purchases, including viewing terms in foreign insurance markets where applicable. Insurances we trade in overseas markets is without intermediaries, reducing our customers' service costs.
  • Loss Prevention work involved in reviewing the processes that are being carried out today, event logging, and more.
  • In addition to general/traditional insurance categories,
    • Expertise related to Cyber Risk insurance, as well as risk assessment and providing quotes in overseas markets.
    • Consideration for the need for liability insurance of the companies’ Directors & Officers and quotes in overseas markets.
  • Assistance with claims issues depending on the event.
  • Other incidental issues related to insurance and risk management.