Shutterstock.com_2045498015/NicoElNino
16 June 2026Insurance

Descartes secures Lloyd’s access through OAK Global parametric partnership

Descartes Underwriting has secured Lloyd’s coverholder status through a binding authority agreement with OAK Global’s Syndicate 2843, giving the parametric insurer direct access to Lloyd’s underwriting capacity and supporting expansion into new markets.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
25 September 2026   Rate increases, improved cat results helped mutuals strengthen profitability in 2025.
Insurance
25 September 2026   Just three providers process 97% of global credit card transactions, analysis finds.
Insurance
25 September 2026   Insurer expects recoveries to limit financial impact from settlement.