Restricted coverholders

From 15 August 2005 all managing agents are required to record their relationships with restricted coverholders.

The restricted coverholders system allows managing agents to record their relationships with UK firms who enter into contracts of insurance on behalf of Lloyd's underwriters, but who are not required to be approved as coverholders.

All of the relationships that are created in the system will appear on the register of coverholders. The documents below provide a detailed definition of restricted coverholders and instructions on how to use the system.

Bulletin: August 2005 - UK Restricted Coverholders Y3609 (50KB, pdf)

Last updated on 01 Jul 2008