The specialist Lloyd’s insurance and reinsurance marketplace has entered into a two-year partnership with McKenzie Intelligence Services (MIS) to deliver a faster claims service through its geospatial (GEO) technology platform.

Berlin-based digital risk carrier ELEMENT has partnered with US-based MGA Parametrix to launch a parametric cloud outage insurance, designed to cover financial losses due to downtime of third-party IT and cloud infrastructure providers.

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