The “Lloyd’s Product Launchpad” is the new home for the development of insurance solutions to tackle emerging risks. The Lloyd’s Product Launchpad has been created to replace the Product Innovation Facility and enable the Lloyd’s market to keep partnering with …
Lloyd’s has launched an insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. The first of its kind liability policy, with flexible limits from as little as £1,000 (US$1,281), was created by Lloyd’s syndicate …
A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product Innovation Facility is led by senior underwriters …
