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My role involves assessing the risk to the horses we protect and ensuring it is correctly priced, so that if they fall ill or die the owner is properly compensated...
It’s 40 years since Shergar, once the most famous racehorse in the world, was stolen and never seen again – dead or alive. Worth £10 million in 1983, the theft was insured in London.
Horse racing is one of the most popular sports in the world and the equine heroes can be worth millions of pounds. Everyone involved in the breeding, racing, transportation and care of these valuable animals relies on insurance to make sure that is the worst happens they don’t fall at a financial hurdle.
But the bloodstock market goes even further – memorably covering 10 elephants on a plane. Just so no-one forgets the importance of good insurance.