Parsyl increases cargo capacity to $55mn

09 January 2024

Supply chain insurer Parsyl has more than doubled the capacity it offers through its Essential Consortium to $55mn, making it one of the largest cargo-only consortiums at Lloyd’s.

In April last year, Parsyl launched a $20mn consortium in Lloyd’s to cover perishable cargo.

At launch, the consortium was supported by Scor and RenaissanceRe, as well as other smart tracker syndicates.

Since

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