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 Enterprise PrivaProtector 9 0 Application Ironshore 2012-2025

Psnapp 001 2012-2025 Form

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any new products in the market yeah we're always launching new products and in fact I would say it's a particular characteristic of our business we we have a group which has led by a group chief executive called a product innovation group most recent product that we've launched as a satellite finance policy and that what that enables us to do is respond to a specific gap in the market the satellite business is based on marine law and marine law has that has warranties which are absolute so if a warranty is breached than a loss that is not directly associated with with any particular event may not be covered under the policy so it means somebody financing a satellite launch may be in a situation where the policy that collateral izing the leg may not respond because of something unconnected to the loss so it's a very important breakthrough it's quite complicated it's a complicated industry and the underlying contracts are very complicated w

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