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Wavelength is the Lloyd’s Market Consortium set up in 2002 to insure ports, terminal and other cargo handling
operators for their liabilities, handling equipment, property, logistics, terrorism, business interruption and
port craft risks. The insured business activities range from containers to bulk cargoes, whilst the size operations
range from the small specialists to the world’s largest multi-nationals.
Wavelength is led by XL London Market Ltd and Beazley Furlong Ltd who, with the combined strength and support of
the other members of the Consortium, are able to deliver a highly specialized product. This includes cover
available for traditionally high catastrophe areas with high limits, as well as more modest cover required by
smaller operators in non-cat areas.
With a market premium income of £26.1bn in 2013, backed by £21.1bn of capital, Lloyd’s is rated "secure" and
"excellent" by the major rating agencies.
Charles Taylor (CT) is a service partner to the Consortium. Through its extensive worldwide office network,
CT ensures that the Consortium has an office in all of the major maritime hubs, with 50 offices in 25 countries,
offering claims and risk management advice to all of its Insureds.