Application for coverholder approval
All firms wishing to become an approved coverholder must complete the application process.
Each applicant requires a sponsoring Lloyd's broker and managing agent, who perform their own due diligence of the application before it is submitted to Lloyd's coverholder department for review.
In reviewing an application Lloyd's will pay particular attention to the following areas, amongst others:
- Suitability and experience of individuals
- Applicants financials
- Authority to operate in specified territories
Please click on the links below for the 'Application form to become a Lloyd's approved coverholder' and the appropriate handbook.
Application form and documentation