Lloyd’s bespoke wordings are ‘generally appalling’: Map’s Trubshaw
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Lloyd’s bespoke wordings are ‘generally appalling’: Map’s Trubshaw

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Lloyd’s bespoke wordings are “generally appalling” and very few hard decisions have been made around Covid-19-related coverage issues, according to Managing Agency Partners (Map) Syndicate 2791 co-founder Richard Trubshaw.

The Map active underwriter made the comments as the syndicate reported a combined ratio of 94% for 2020, well below the Lloyd’s market average of 110%.

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