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Delegated Authority

This section has been designed for coverholders, service companies, open market correspondents and those that work with Delegated Authority business.

Data reporting requirements

From 1 January 2016, Lloyd’s managing agents will require additional data in order to assess management of conduct risk.

Managing agents / brokers town hall 

A managing agents / brokers Town Hall event was held at Lloyd’s on 1 May 2015. This outlined all data requirements as well as updates on claims and complaints and data standards.

Watch the presentation

Lloyd's co-ordinated binder audit

The Lloyd’s delegated authorities team is driving an initiative to coordinate the audits of those Lloyd’s coverholders that have multiple binders with different lead underwriters.

This initiative, which represents a key action in our strategic objective of making it easier to do business with Lloyd’s, has been well supported by Lloyd’s managing agents and brokers.

This case study has been written by Mark Taylor of Turnstone Insurance and Reinsurance Services and details the audit of AJ Gallagher undertaken on behalf of Lloyd’s syndicates late last year.

Read the full case study

Latest Service updates

Applications

To assist in producing complete applications that are fully compliant the following tools are available:

Latest news & market bulletins

Enquiries

Delegated Authorities Team
General enquiries: +44 (0)20 7327 6275
Systems help: +44 (0)20 7327 6276

Fax: +44 (0)20 7327 6688
Email: coverholders@lloyds.com

Tools

 Access the Coverholder Toolkit Atlas BAR - Binding Authority Registration QA Tool - Binding Authority  Lineage CrystalWording repository