Marsh McLennan, a leading re/insurance broker, has teamed up with the Ukrainian government and Lloyd’s to announce a significant expansion of its Unity insurance facility. This expansion sees Unity now offering coverage for war risk insurance for ships transporting all non-military cargo.
Initially launched in November 2023 with the aim of providing accessible war risk insurance for grain shipments and other vital food supplies globally, Unity has been instrumental in offering reduced premiums for hull and separate protection & indemnity (P&I) war risk insurance.
