HineSight®
HineSight® is selected by the World Lottery Association
to make risk mitigation less of a lottery
The World Lottery Association (WLA) has selected HineSight® as its preferred supplier of risk services and products. This appointment recognises the expansion of the range of bespoke risk services that HineSight® offers the Lottery community. As part of this development, HineSight® was unveiled to the insurance market as a new brand identity on 24th January in the Lloyd’s building, London.
The launch was supported by senior members of the insurance and lottery communities. Reidar Nordby Jr, President of the World Lottery Association, addressed the audience giving his enthusiastic endorsement to HineSight®. The beneficiaries of the enhanced range of HineSight® services are lottery operators (state and national lotteries), lottery suppliers (printers, manufacturers and online vendors) and any organisation involved in the Lottery sector. A sector that generates in excess of US$120 billion in worldwide sales from regulated lottery gaming, such as Lotto and Instant games, sportsbetting and Keno.
World Lottery Association Secretary General, Yvonne Schnyder commented:
“The WLA is extremely pleased with what we feel is a positive step forward within the area of risk services. We are convinced that HineSight®, viewed together with the WLA Security Control Standards© and the WLA RFP initiative, has the capability to provide WLA members with the necessary ‘tools’ within the area of risk mitigation and protection.”
The HineSight® range of services now includes:
- Request for proposal (RFP) compliant, bespoke errors and omissions insurance
- Patented programmes designed to drive lottery revenues by 40%
- Bonds (Performance, Bid, Litigation and other)
- Tailored commercial crime insurance
- Consultancy (e.g. sophisticated risk transfer programmes)
- Claims handling services
- Conventional insurances
John Eltham, Director - Special Risks at Miller Insurance Services Limited (Miller) comments: “Over the years we have been investing more time and resource in our involvement within the Lottery community and we believe that the expansion of HineSight® is an exciting development. It brings together two major financial sectors – regulated lotteries and insurance.
“HineSight® is able to access the world’s leading insurance markets and this, combined with its network of carefully selected service providers, means members of the lottery community can be offered choice, simplicity and value when seeking risk services.
HineSight®, which is managed by Miller, originated as an innovative errors & omissions insurance for lottery suppliers developed in 1968 by Harvey Hine of Miller. Since then the range of services has continued to expand and HineSight®, is now recognised as the leading provider of risk services for the Lottery community.
For more information about HineSight®, click here.
Notes to Editors
HineSight® is a registered trademark of Miller Insurance Services Limited. The services and products identified by the mark include insurance underwritten by certain underwriters at Lloyd’s and other insurers.
About The World Lottery Association
The World Lottery Association (WLA) is an international member organisation representing 136 lotteries from 74 countries on all five continents, with combined annual revenues in excess of US$ 120 billion.
The WLA also represents 64 lottery industry suppliers as Associate Members
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