The Lloyd's Market Association's Academy team invited James Blount, Director of Special Risk at Hiscox to tell us more about his specialist area, Kidnap & Ransom (K&R) insurance. James explains Hiscox’s approach to this product. This short episode summarises what K&R insurance is and its relevance since the 1970's.     Whilst we endeavour to ensure that our learning materials are up-to-date, accurate and relevant to your needs, our materials are not intended to constitute advice for individual circumstances. The Lloyd’s Market Association does not accept any responsibility or liability for your reliance on our materials and excludes all warranties, express or implied, relating to the accuracy, completeness, reliability or suitability of our materials to the maximum extent permitted by law.

Academy on-Demand

Kidnap and Ransom insurance

On demand insurance is on rise in the 24/7 economy. It is responsive and flexible challenging the traditional insurance products as we know them. Flock, who developed an on demand insurance product for commercial drones give us an interview on how smart use of data can help to mitigate risk and price more accurately than ever before. Courtenay Mansel, Data Scientist at Flock is our guest in this episode.      Whilst we endeavour to ensure that our learning materials are up-to-date, accurate and relevant to your needs, our materials are not intended to constitute advice for individual circumstances. The Lloyd’s Market Association does not accept any responsibility or liability for your reliance on our materials and excludes all warranties, express or implied, relating to the accuracy, completeness, reliability or suitability of our materials to the maximum extent permitted by law.

Managing risk in real time

‘Academy on-demand’ is a new addition to the Lloyd’s Market Association educational offering. Based on the success of the LMA’s technical masterclasses we have engaged with the speakers to create short and snappy episodes on their respected technical topics. Without exhausting the relevant insurance technical area, our aim is to educate, to raise awareness and to demystify some trending technical issues for everyone in the market. For further information on any of the business areas watch our videos, find our blogs or get in touch with our experts via www.LMAlloyds.com.

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Academy on-Demand

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