2 months ago
LONDON–(BUSINESS WIRE)–#broking–THB, the specialist insurance and reinsurance broker, today reveals it has placed the first risk with the newly launched Global Health Risk Facility (GHRF), a public-private collaboration developed by insurtech Parsyl to help protect and support the global distribution of critical health commodities including existing and newly-emerging vaccines.
Working closely with Phil Mason, Managing Partner of Armfield, Harrison & Thomas, LLC (AHT), a US retail broker specialising in international aid and development organisations, THB was engaged to put in place insurance for the Partnership for Supply Chain Management (PFSCM) a supply chain solutions provider internationally recognised for its role in saving lives through stronger public health supply chains. PFSCM procures and delivers over $300 million worth of medicines, diagnostics, and medical supplies to more than 80 low- and middle-income countries ever
THB places first risk with GHRF facility for COVID-19 vaccine
18-01-2021
08-08-2016
Specialist re/insurance broker THB has placed the first risk with the newly launched Global Health Risk Facility (GHRF), a public-private collaboration led by Ascot as the managing agent and anchored by the new Syndicate 1796 at Lloyd’s.
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2020-12-15T10:11:00+00:00
Lloyd’s and Parsyl, Inc. today announced the launch of the Global Health Risk Facility (GHRF) which will make available billions of dollars of insurance coverage, together with risk mitigation services to help protect and support the global distribution of COVID-19 vaccines as well as critical health commodities.
The launch of the GHRF includes support from the U.S International Development Finance Corporation (DFC) which has approved up to $26.7M for the Facility. The DFC loan will be used to capitalize the new public-private Syndicate 1796, and allow the GHRF to offer cost-effective insurance policies for shipments of vaccines and medical products to developing countries.
Lloyd’s and Parsyl launch insurance for distribution of Covid-19 vaccines
Insurance Age staff
Lloyd’s and Parsyl have launched the
Global Health Risk Facility (GHRF) which will make available billions of dollars of insurance coverage, together with risk mitigation services to help protect and support the global distribution of Covid-19 vaccines and critical health commodities.
The GHRF is an alliance of insurance and technology partners that together will provide comprehensive insurance and risk mitigation services for the storage and transit of life-saving medical supplies such
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2020-12-16T15:25:00+00:00
Public-private collaboration, including 14 global (re)insurers, addresses critical risks faced by COVID19 vaccines and other health commodities during distribution.
Lloyd’s and Parsyl, Inc. today announced the launch of the Global Health Risk Facility (GHRF) which will make available billions of dollars of insurance coverage, together with risk mitigation services to help protect and support the global distribution of COVID-19 vaccines as well as critical health commodities.
The launch of the GHRF includes support from the U.S International Development Finance Corporation (DFC) which has approved up to $26.7M for the Facility. The DFC loan will be used to capitalize the new public-private Syndicate 1796, and allow the GHRF to offer cost-effective insurance policies for shipments of vaccines and medical products to developing countries.