News Risk Management27 Jun 2019

Lloyd's new initiative looks to accelerate (re)insurance product development

A group of Lloyd's underwriters have come up with 'Product Innovation Facility', a new initiative designed to accelerate (re)insurance product development for current new and emerging risks. Holding GBP53m ($67.2m) of capacity, the initiative will trial new types of insurance for complex and non-standard risks including, but not limited to, intangible assets and supply-chain risks, or mishaps caused by AI.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Error : Object reference not set to an instance of an object.

Recent Comments
Other News

Follow Asia Insurance Review