In June 2024 Lloyd’s released a market bulletin communicating new requirements for policy documentation issued under delegated authority agreements. The bulletin details that we expect all delegated authority agreements incepting on or after 1 July 2025 must require that details of the Lloyd’s lead are specified in the policy documentation provided to the insured. To support these new requirements we have created some FAQs in collaboration with the market.
These FAQs will be updated accordingly if any additional questions or topics are raised from the market. Please contact us should you have any questions on this.
Download FAQs
coverholders@lloyds.com