Kita is a Lloyd’s of London Coverholder
We are delighted to announce that Kita has been approved as a Lloyd’s of London coverholder. This is a huge milestone for Kita and enables our first insurance product – Carbon Purchase Protection Cover – to be fully underwritten by certain underwriters at Lloyd’s.
Lloyd’s is the world’s specialist insurance and reinsurance market, bringing together an outstanding concentration of underwriting expertise and talent. It is often the first to insure emerging, unusual and complex risks. Around 80 syndicates are underwriting insurance at Lloyd’s, covering all classes of business. Together they interact with thousands of brokers daily to create insurance solutions for businesses in over 200 countries and territories around the world. Lloyd’s insures the majority of FTSE 100 and Dow Jones industrial average companies. Lloyd’s enjoys strong financial security supported by excellent ratings. Visit www.lloyds.com for more information.
Stemming from Kita’s inclusion in “Lloyd’s Lab” from April to July 2022, Kita has been proud to forge a strong relationship with Lloyd’s and underwriters within Lloyd’s. We are excited to continue working in partnership with Lloyd’s as we start distributing our insurance in 2023.