Products: June 2023

Two cows in field_spring and summertime

Product launches including agricultural parametric first, new risk management platform, renewables cover and digital workflow offering.

Markel, Gallagher and NFU team up to create parametric first

A quartet of specialists have joined forces to create what they claim is the UK’s first parametric heat-stress insurance product for dairy farmers.

Parametric insurance specialists Skyline Partners have developed and computed the product, which is being distributed by co-developers NFU Mutual along with Gallagher. The product is 100% underwritten by Markel.

100%

The product will be 100% underwritten by Markel

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Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

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