Informa Insurance News 24
BEAZLEY RENEWS CUSTODIAN’S REPUTATIONAL RISK FACILITY WITH AI OFFERING
Lloyd’s reputational insurance facility the Custodian Consortium has been renewed with an expanded offering. The Consortium - led by Beazley and supported by Lloyd’s Product Innovation Facility members RenaissanceRe, Tokio Marine Kiln, Chaucer and Talbot - renewed earlier this month. The product now includes reputational risk intelligence data and services from Polecat Intelligence, which benchmark an organisation’s reputational profile against competitors and peers. Trevor Maynard, Lloyd’s head of innovation, said: “Reputational risk is a fast-evolving issue, and a growing priority for many businesses around the world. By forming partnerships with our peers and Polecat, we’re able to use a blend of AI, benchmarking and industry intelligence to proactively support our customers in protecting their reputation.”