Lloyd’s and Parsyl launch insurance initiative for distribution of COVID-19 vaccines
Tuesday, December 15, 2020
TMK is working with Parsyl and other insurers in support of the Global Health Risk Facility to cover the distribution of COVID-19 vaccines. This provides billions of dollars of insurance cover to help protect and support the global distribution of COVID-19 vaccines and life-saving medical supplies especially to developing countries.
Distributing cold chain vaccines and pharmaceuticals safely is complex and they can spoil if not properly maintained. This new approach enables the storage and transit of temperature sensitive vaccines, medicines, PPE and ancillary cold chain equipment. It is the first public-private partnership to address a global health emergency in all of Lloyd’s 330-year history.
Read Lloyd's press release here.
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