Stud
He's performed on the track - now what's he like in the sack?
Successful racehorses can make a lot of money for their owners and investors. But some can make even more when their racing days are over. In the 1970s the legendary US horse Secretariat was insured for $10m against failing a fertility test.
Lloyd's of London is famous for providing innovative and bespoke cover for unusual risks. While it has issued many exotic one-off policies such as cover for the value of jewellery worn at the Oscars or a couple insuring against having twins, it has also developed in-depth expertise in a wide range of highly specialised fields, including the racing business. From equine life assurance, transport liability coverage to fertility insurance and specialised cover for veterinary surgeons, Lloyd's professionals understand the industry and the risks involved. In fact, Lloyd's will even insure the horse that is yet to be through it's prospective foal policy.