TotusRe seeks proactive reinsurance solution for catastrophic risks

Coronavirus

Founders James York and Liz Foster say collective is "complementary" to Pandemic Re with membership spanning global and regional brokers.

Open collective TotusRe was launched with the goal to proactively find an insurance solution to catastrophic pan-economic events including future pandemics, according to founders Liz Foster and James York.

While the group was founded in response to the current Covid-19 crisis, York highlighted that the pandemic is just one of many perils listed on the National Risk Register and that TotusRe is looking for a wider solution.

He commented: “The pandemic has revealed that the government is the

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