Lloyd’s Launches “First-of-its-Kind” BI Policy

High angle shot of an IT support team working the late shift in their office

Lloyd’s has launched a new “first-of-its-kind” business interruption policy for small and medium sized enterprises (SMEs), specifically designed to protect them against IT disruption or downtime. Parametrix Insurance offers simple and reliable coverage by removing the traditional indemnity trigger that most insurance policies today use. Instead, the new solution uses a parametric trigger, meaning that… Continue reading Lloyd’s Launches “First-of-its-Kind” BI Policy