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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, 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 QBE Marine & Energy 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 £16bn in 2006, backed by £16bn of capital for 2008, Lloyd’s is rated "secure" and "excellent" by
the major rating agencies. Lloyd’s is licensed in 69 countries.
Charles Taylor Consulting plc (CTC) is a partner
in the Consortium. Through its extensive worldwide office network, CTC ensures that the Consortium has an
office in all of the major maritime hubs, as well as satellite offices in more than 22 countries, offering
claims and risk management advice to all of its Insureds.