Lonmar’s Products Liability Team responds in the Covid Crisis
The Lonmar Casualty team work with clients in a broad range of sectors. On product risks they are placing policies for clients in the construction, automotive and other complex sectors, including those in the Medical sector.
Simon Fuller who leads the practice commented: “We were delighted to be able to assist Start Up firm Augment Bionics when they approached us for a Products Liability quotation. Our Newline facility responded quickly with a quotation. Augment were originally set up to manufacture prosthetic limbs, but in light of the PPE shortage they diversified into 3D printing and injection moulding of protective masks they are supplying to the NHS.”
William Harries, co-founder of Augment commented: “As a start-up entity we had little understanding of Insurance – other than we knew we needed it! We really benefited from Lonmar’s approach which was to walk us through the heads of cover available to us. They presented two quotes and did a comparison for us. We feel reassured to have bound a policy now and comfortable the Insurer we selected can extend our policy to also include our primary business of prosthetics when we return our focus.”
For assistance placing difficult or complex casualty covers, contact Simon Fuller on Simon.Fuller@lonmar.com