Lower commercial risks of UKAS accredited labs recognised

- By Insurance Post Staff
- 21 Jan 2008
- Indicative reading time: 1 minute

Lloyd’s brokers, Howden, as created a policy to recongise the lower commercial risks posed by laboratories that hold UKAS-accreditation. Teaming up with Hiscox insurers, Howden has produced a new LABsure policy, and said it is the first broker to offer a policy that covers all key business critical risks at a discounted rate exclusively to UKAS accredited laboratories.

Howden have been working with the laboratory industry for four years. In that time they have undertaken research into the claims loss ratios of laboratories, and noted those laboratories that meet the

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