Lloyd's proposes solutions for non-damage BI cover

The Lloyds building in London

Lloyd’s has published a number of ways the insurance industry could fast-track global economic and societal recovery from the far-reaching impacts of Covid-19.

The market has revealed three open source frameworks, which it said will help build future resilience through innovative partnerships and products together with a Centre of Excellence to better understand, model and provide insurance for systemic catastrophic events.

According to Lloyd’s, they were developed following interviews with

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