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Operating at Lloyd's

Important information for those operating in the Lloyd's market including procedures, regulatory updates and the performance framework of minimum standards.

Market Oversight

Oversight of the Lloyd’s market is one of the key roles undertaken by the Corporation.

This oversight plan is to provide managing agents with a summary of the Corporation’s view of the key risks facing the market in 2016.

The accompanying Market Oversight Timetable summarises the key activities that will form part of the Corporation’s oversight for 2016.

 

Regulation

Lloyd's monitors insurance legislation worldwide so market participants are informed of the regulatory requirements that need to be considered when trading in the UK and overseas.

Claims Handling

Lloyd’s success has been built on its reputation for paying all valid claims. Lloyd’s continuously seeks to drive excellence in claims management.

Taxation

Lloyd's tax department offers information for market participants on taxation including reporting and collection: