PRESS RELEASES & NEWS

Lloyd’s of London Continues Support to Veterinary Science Department

LEXINGTON, Ky., (April 26, 2006) – Lloyd's of London Underwriters, Brokers and their Kentucky Agents recently gave $45,000 in support of a University of Kentucky equine research publication, The Equine Disease Quarterly.

Lloyd's presents $45,000 check to UK Veterinary Science Department. Among those at the presentation were (Left to Right): David Powell, UK Department of Veterinary Science; Chip Harkins, president, Lloyd's Kentucky Agents; and Roberta Dwyer, UK Department of Veterinary Science.

Since the mid-1980s, Lloyd’s of London Underwriters, Brokers and their Kentucky Agents have given nearly $700,000 for research and other activities of the university’s Department of Veterinary Science.

 “Over the past 21 years, the Lloyd’s market has donated to the Department of Veterinary Science, and we have been delighted to do so,” said Julian Lloyd, chairman of Lloyd’s Livestock Committee and Bloodstock Underwriter at Hiscox.

“Lloyd’s is the preeminent insurer of bloodstock and we insure some of the most interesting and valuable equine risks in the world. We are committed to supporting equine research and to providing the insurance cover to meet client needs worldwide,” Lloyd said.

The award-winning Equine Disease Quarterly provides timely research-based reports to the horse industry worldwide.

From an initial circulation of several hundred, it now reaches more than 18,000 readers in 87 countries and is translated into several languages. It also is available on the Internet, and articles are regularly abstracted by a variety of scientific and lay equine publications.

“All this would not have been possible without the steadfast financial support of Lloyd’s and its Kentucky agents,” said David Powell, UK equine epidemiologist.

Lloyd’s Underwriters, Lloyd’s London Livestock Brokers and Kentucky Agents have supported the publication continuously since its inception in 1992.

“The bloodstock insurance industry is fortunate to have the support of eminent veterinarians worldwide, particularly in Kentucky, and we are happy to be associated with the funding of further research and development," said David Howard, president of Howard Global Insurance Services Ltd., an international bloodstock insurance broker.

Each year, Lloyd’s representatives arrange a meeting in Kentucky, and during the meeting they traditionally present the check. This year’s meeting was held at Keeneland in Lexington.

“This marks the 21st year of the Lloyd’s grant to the University of Kentucky, plus 10 yearly $1,000 bursaries (scholarships) to final-year veterinarian students at various veterinary universities around the United States,” said Lynn Jones, president of Equus/Standardbred Station Inc.

“The idea for the grant and bursaries was formulated by Lloyd’s Kentucky Agents Dave Parrish (Clay Ward) and Blair Scott (Scott Company), Lloyd’s Livestock Underwriter David Chambers, Lloyd’s Broker Roger Barklam (Hughes-Gibb), and Jack Bryans, chairman, Department of Veterinary Science, University of Kentucky, in the spring-summer of 1985," Jones said.

“The research programs and The Equine Disease Quarterly supported by the yearly grants have been greatly beneficial to the thoroughbred equine community and hopefully will continue for many years into the future,” he said.

“Disease monitoring and reporting have never been as important as they are today, and The Equine Disease Quarterly has proven extremely valuable in disseminating information on equine diseases to horse industries worldwide,” said Peter Timoney, department chair and director of UK’s Maxwell H. Gluck Equine Research Center.

Published four times yearly, the quarterly is available at no charge. It is co-edited by David Powell and Roberta Dwyer of the Gluck Equine Research Center and Neil Williams of UK’s Livestock Disease Diagnostic Center.

Lloyd’s of London is a 318-year-old institution whose members underwrite risk in return for premiums and investment income. It is recognized as the world’s largest thoroughbred horse insurer and, as such, remains committed both to supporting equine research and providing the insurance cover essential to the well-being and prosperity of bloodstock interests worldwide.

Contact: David Powell, (859) 257-4757, ext. 81093