Tag: COVID-19 vaccine

Lloyd’s unveils new vaccine shipment insurance coverage initiative

Logan B.
Vaccine shipment insurance -nurse with vaccine

The massive marketplace is collaborating with insurtech Parsyl and others in this effort. Lloyd’s of London and insurtech Parsyl have announced the launch of the new vaccine shipment insurance coverage initiative. Called Global Health Risk Facility (GHRF), it will provide coverage worth billions of dollars for COVID-19 vaccine distribution. The coverage will be for the transportation of supplies related to the distribution of the inoculation. The comprehensive vaccine shipment insurance initiative aims to cover supplies related to distribution, including the personal protective equipment and other materials needed for distribution. The…

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Is vaccine insurance ready to take on upcoming pandemic shipments?

G. Turner
Vaccine insurance - vaccination

Airlines will represent the first step toward ensuring inoculations make their way around the world. As research continues to vaccinate the world against COVID-19, companies are getting closer to finding a potential candidate and vaccine insurance will need to cover various stages of transportation, often starting with the aviation industry. The insurance industry is gearing up for the time when the aviation industry will require coverage. That said, vaccine insurance will require the industry to identify and understand the unique risks that may be created as a result of what…

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