Reinsurance News: New Lloyd’s coverholder

reinsurance news

Loadsure, a managing general agency (MGA) focused on the U.S. spot freight industry, has been granted coverholder status by the specialist Lloyd’s of London insurance and reinsurance marketplace.

ArgoGlobal, a division of re/insurer Argo Group, has partnered with Loadsure to provide capacity and support for its development, and has been working with the business through the coverholder approval process.

Following the approval from Lloyd’s, the pair have announced the launch of a new InsurTech offering, a fully digital solution designed to protect the U.S. spot freight industry.