{"id":8229,"date":"2019-11-01T13:14:04","date_gmt":"2019-11-01T13:14:04","guid":{"rendered":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/?p=8229"},"modified":"2020-01-10T18:10:35","modified_gmt":"2020-01-10T18:10:35","slug":"quirky-insurance-risks","status":"publish","type":"post","link":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/","title":{"rendered":"Lloyds of London \u2013 the home of quirky and unusual insurance"},"content":{"rendered":"\n<p>Lloyds of London, an organisation dating back over 300 years, annually underwrites billions in premium across its many classes of more \u2018traditional\u2019 insurance. Typically, risks are shared amongst its congregation of specialist and niche syndicates; the market operates on a subscription-based model with individual exposures shared amongst multiple syndicates, all who align themselves behind a trusted and expert \u2018lead\u2019 insurer. This model reduces exposures to single, generally potentially catastrophic events.<\/p>\n<p>Whilst many people assume such catastrophes would result of unprecedented, natural disasters such as major weather events, it could also be the loss of function of an individual footballers\u2019 legs, a darts players arm or even a chefs\u2019 sense of taste. These are just some of the more unusual risks placed in the Lloyds markets over the last decade, which rightly grant it its status as the \u2018leading specialist insurance market\u2019.<\/p>\n<p>Body parts and individual\u2019s key assets are regularly underwritten in Lloyds of London, some of which we note below:<\/p>\n<ul>\n<li>\u00a340m David Beckham&#8217;s legs&nbsp;<\/li>\n<li>\u00a34m Ken Dodd&#8217;s teeth&nbsp;<\/li>\n<li>\u00a33.5m Bruce Springsteen&#8217;s voice<\/li>\n<li>$1m Troy Polamalu\u2019s hair<\/li>\n<li>\u00a3350,000 Dolly Parton&#8217;s breasts (the pair)&nbsp;<\/li>\n<li>\u00a3200,000 Merv Hughes&#8217; handlebar moustache<\/li>\n<\/ul>\n<p>Venturing further, into the world of food and drink, a critical sense is taste. Needless to say, this has been insured here too. From celebrity chefs to chief tasters at high street brands, the sense of taste has been covered by an array of companies.<\/p>\n<p>Here\u2019s a flavour of our favourite \u2018taste\u2019 insurances seen by the Lloyds of London market:<\/p>\n<ul>\n<li>Costa coffee insured the taste buds of their chief taster for a whopping \u00a310m in 2009<\/li>\n<li>Somerfield insured the Olfactory system of their chief wine buyer for \u00a310m in 2003<\/li>\n<li>Wyke Cheeses insured the sense of smell of their chief taster Nigel Pooley for \u00a35m in 2015<\/li>\n<li>Cadburys insured chief taster Hayleigh Curtis\u2019 loss of taste for \u00a31m in 2016<\/li>\n<li>Antony Worrall Thompson insured his fingers and taste for \u00a31m in 2003<\/li>\n<\/ul>\n<p>Of course, whilst these are legitimate insurance policies that are structured and placed into the Lloyds of London market, recent examples of such cover are nothing more than unique, well-executed, and engaging PR stunts, propelling day to day brands into newsworthy and headline-grabbing focus.<\/p>\n<p>Brands take this promotional approach, harnessing the notion of insurance and the alignment to the credibility and assurance of the Lloyds of London brand. The added perception of the huge value placed on the individuals making decisions about what products will end up on the plate or in the hand of the general public, adds further gravitas and interest.<\/p>\n<p>The credibility, reputation and brand power of Lloyds of London and the \u2018stamp\u2019 of one of its member syndicates cannot be undervalued.<\/p>\n<p>So, if you\u2019re needing to insure some taste buds or require some other equally quirky or unusual cover, whether it be sports, business or personal, <a href=\"mailto:info@mcclarronssport.com\">speak to our team today<\/a>. We will find the right cover to suit your needs.&nbsp;#InsureResponsibly<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lloyds of London, an organisation dating back over 300 years, annually underwrites billions in premium across its many classes of more \u2018traditional\u2019 insurance. Typically, risks are shared amongst its congregation of specialist and niche syndicates; the market operates on a subscription-based model with individual exposures shared amongst multiple syndicates, all who align themselves behind a [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":8233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[160,736],"tags":[816,815,814,813,811,810,752],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lloyds of London: Home to some of the most unusual and quirky insurance risks<\/title>\n<meta name=\"description\" content=\"Lloyds of London offers a home to some of the most unusual and quirky risks in the insurance sector. We discuss some of them, here.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lloyds of London: Home to some of the most unusual and quirky insurance risks\" \/>\n<meta property=\"og:description\" content=\"Lloyds of London offers a home to some of the most unusual and quirky risks in the insurance sector. We discuss some of them, here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/\" \/>\n<meta property=\"og:site_name\" content=\"McClarrons Insurance\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-01T13:14:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-10T18:10:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-content\/uploads\/2019\/10\/Lloyds1900x700.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1071\" \/>\n\t<meta property=\"og:image:height\" content=\"395\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/#website\",\"url\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/\",\"name\":\"McClarrons Insurance\",\"description\":\"McClarrons Insurance\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/#primaryimage\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-content\/uploads\/2019\/10\/Lloyds1900x700.jpg\",\"contentUrl\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-content\/uploads\/2019\/10\/Lloyds1900x700.jpg\",\"width\":1071,\"height\":395},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/#webpage\",\"url\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/\",\"name\":\"Lloyds of London: Home to some of the most unusual and quirky insurance risks\",\"isPartOf\":{\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/#primaryimage\"},\"datePublished\":\"2019-11-01T13:14:04+00:00\",\"dateModified\":\"2020-01-10T18:10:35+00:00\",\"author\":{\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/#\/schema\/person\/d8d89e678fefe9da69ea092464112dac\"},\"description\":\"Lloyds of London offers a home to some of the most unusual and quirky risks in the insurance sector. We discuss some of them, here.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/quirky-insurance-risks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Lloyds of London \\u2013 the home of quirky and unusual insurance\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/#\/schema\/person\/d8d89e678fefe9da69ea092464112dac\",\"name\":\"Emily Andrews\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/#personlogo\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3346eee23751744fca4c9a5253c9398b?s=96&d=blank&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3346eee23751744fca4c9a5253c9398b?s=96&d=blank&r=g\",\"caption\":\"Emily Andrews\"},\"url\":\"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/news\/author\/emily-andrews\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/posts\/8229"}],"collection":[{"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/comments?post=8229"}],"version-history":[{"count":9,"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/posts\/8229\/revisions"}],"predecessor-version":[{"id":8416,"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/posts\/8229\/revisions\/8416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/media\/8233"}],"wp:attachment":[{"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/media?parent=8229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/categories?post=8229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.networkportfolio.co.uk\/mcclarroninsurance.com\/wp-json\/wp\/v2\/tags?post=8229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}