Willis, a business of WTW, has launched the first specialty bloodstock insurance solution with Equine MediRecord to
make the purchasing of bloodstock insurance more accessible and efficient for horse owners and trainers in the UK.
Willis have signed a deal with Equine MediRecord, a leading vertical softw
are-as-a-service (SaaS) platform in equine digital health software an
d part of Canada-based Inova Group’s Business Infusions, the largest equine veterinary software group in the world.
Equine MediRecord simplifies compliance in adherence to anim
al welfare and anti-doping regulations as the UK’s only regulator-approved digital medicines register. The subscriptio
n-based platform is the first software system to be
approved by any equine regulatory body to meet universally stringent reporting requirements.
Equine MediRecord is used by some of the top horse organization
s in the world and by equine regulators in Ireland, United Kingdom, France, United States and Saudi Arabia.
The partnership will also see A-rated global specialty insurer,
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Markel, the insurance arm of Markel Group Inc., utilize Willis’ own low-code technology platform to distribute a bloods
tock mortality and theft product embedded within the Equine MediRecor
d platform. Equine Medi
Record’s UK client base ranges from large stud farms to individual horse owners engaged in the multi-billion euro equine industry.
“We are delighted to launch the first fully embedded bloodstock solution making insurance easy to access and
quick to arrange,” commented Anthony Borgman, head of GB Affinity, Willis.
“Our partnership with Equine MediRecord, a leading international vertical SaaS provider of equine health an
d associated regulatory compliance platform services for racehorses, and Markel for their s
pecialty product expertise, has enabled us to establish such an innovative solution for bloodstock clients,” he added.
“Today’s announcement demonstrates how insurance is quickly becoming a strategic proposition for
urance serves to offer customers improved and more convenient experiences, which in turn can enhance customer loyalty with the brands they trust,” Borgman said.