Miami-based NormanMax launches Lloyd's Syndicate 3939 with Apollo, offering parametric re/insurance products for natural catastrophes.

NormanMax Insurance Holdings, a Miami-based parametric re/insurance firm, has launched Lloyd's Syndicate 3939 in partnership with managing agent Apollo. The syndicate focuses on natural catastrophe parametric re/insurance products for hurricanes, tropical cyclones, typhoons, and earthquakes. It aims to use 21st-century data and technology to create parametric solutions to address the global natural disaster protection gap.

May 22, 2024
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