Yokahu receives formal approval as a Lloyd’s of London Coverholder
We are pleased to today confirm we have received formal approval from Lloyd’s of London to become a Lloyd’s Coverholder. Thus enabling us to start to service the people of the Caribbean with simple hurricane insurance covers using the latest technology.
Our appointment as a Coverholder means we are able to offer our customers a policy that is backed by some of the highest rated security in the world and they can be reassured that they can trust the fact it is a Lloyd’s product.
Over the coming days we will be releasing our policies to customers on our waiting list and look forward to onboarding them and providing them with a product they can trust.
Tim McCosh, Founder of Yokahu, said: “From the day we created Yokahu and established our mission to close the hurricane protection gap, working with the innovative insurance hub that is the Lloyd’s market was always a target. To have achieved that today and thus enabled us to start servicing the underserved markets we have identified is an exciting and monumental step on our journey.
We look forward to developing further relationships with the market and to working with market participants to identify and access new market opportunities and to help & protect more people”