Lloyd’s Pushing Rapid Claims Processing Response Following Hurricanes

Hurricanes Harvey, Irma and Maria left catastrophe and devastation behind, and Lloyd’s insurance claims are being rapidly processed, says the market. The company says it is responding quickly and has even made some advance payments. The storms left behind an estimated $738 million in insured damages to properties and possessions. “It is heartening to see the Lloyd’s market swing into action in this way,” said Inga Beal, the market’s chief executive, when addressing the Lloyd’s insurance claims processing. “As the UN marks International Day for Disaster Reduction (October 13), these events serve as a stark reminder of our duty and ability to assist people, businesses, and governments when disaster strikes.”