Syndicate 1796 has been developed by Parsyl, an insurance technology company and Lloyd’s Lab alumni, in close partnership with Ascot as managing agent, and in cooperation with AXAL XL, McGill and Partners and Gavi, the Vaccine Alliance. The Syndicate forms the foundation of the new Global Health Risk Facility (GHRF) at Lloyd’s, which aims to provide comprehensive insurance and risk mitigation services to support the manufacturing and distribution of COVID-19 vaccine development efforts. It aims to start writing business from 1 October 2020.

Companies need immediate rethink on U.S. data transfers,says EU watchdog

Jul 24, 2020

Europe’s highest court last week cited concerns about U.S. surveillance for its ruling, disrupting thousands of companies that had depended on the four-year-old Privacy Shield to transfer Europeans’ personal data for payroll, finance and other uses.

WHO chief scientist sees no herd immunity to Covid-19 yet

Jul 24, 2020

As there are waves of this infection going through countries, people are going to develop antibodies and those people will hopefully be immune for sometime so they will also act as barriers and brakes to the spread.” Other experts have estimated that as much as 70% to 80% of the population need to have antibodies before there is any herd immunity effect.

WHO reports record daily increase in global coronavirus cases, up over 284,000

Jul 24, 2020

The WHO reported 69,641 new cases in the United States, 67,860 in Brazil, 49,310 in India and 13,104 in South Africa. The largest increases in new deaths were 3,876 in Peru, 1,284 in Brazil, 1,074 in the United States, 790 in Mexico and 740 in India.

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