Marsh and Citi place non-payment cover for vaccine group Gavi
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Marsh and Citi place non-payment cover for vaccine group Gavi

Rachel Dalton
17 August 2021
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Marsh and Citi have placed a risk-mitigation structure on behalf of Gavi, the vaccine alliance, to cover the risk connected with governments self-funding their Covid vaccine procurement.

The cover will allow Gavi to pre-purchase vaccines in bulk from manufacturers with greater confidence, as it provides protection against the risk of non-payment by 21 undisclosed countries across Africa, the Americas, Asia and Continental Europe.

Axa

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News Marsh McLennan
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Rachel Dalton
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