Lloyd’s in Colombia
For more than a decade, Lloyd’s has worked to strengthen the fast-growing insurance and reinsurance market in Colombia.
Lloyd’s first registered as a foreign insurer in 1999 and throughout the early part of the 21st century Colombia has become a key part of Lloyd’s growing presence in Latin America.
In 2015, Lloyd’s was granted permission to open a representative office in Colombia, allowing us to contribute valuable capability and expertise to both the local insurance market and Latin America.
The expert underwriters at Lloyd’s provide their Colombian customers with the same innovative insurance solutions, financial security and strong international ratings Lloyd’s has always been known for.
In the past two years, insurance growth has more than doubled the country’s average economic growth rates, and the outlook for the national insurance market remains positive.
Last year US$98mn worth of premiums was written in Colombia with catastrophe and facultative reinsurance business the strongest classes alongside property lines including power generation, engineering and aviation.
However, with insurance penetration at only 1.6%, businesses and communities throughout Colombia remain vulnerable to global economic uncertainty, political instability and natural catastrophes including floods, earthquakes and fires.
Economic and domestic conditions are providing Colombia with the opportunity to work toward strong and sustainable growth.
By offering solutions to protect new businesses and assets, and by sharing our risk insights, Lloyd’s will continue to strengthen the Colombian insurance market, build local resilience and develop risk culture throughout the region.
Top ten classes of reinsurance business in Colombia

Class of business
Lloyd’s can develop tailor-made policies for every customer in every sector and covers more than 60 lines of insurance and reinsurance.
- Accident & Health
- Agriculture & Hail
- Aviation
- BBB/Crime
- Casuality
- Contingency
- Cyber
- Difference in Conditions
- Directors & Officers
- Employers
- Liability
- Energy
- Engineering
- Extended Warranty
- Financial Institutions
- Fine Art
- Lega Expenses
- Livestock & Bloodstock
- Marine
- Medical Expenses
- Medical Malpractice
- Motor
- General Liability
- Nuclear
- Pecuniary
- Personal Accident XL
- Political Risks, Credit & Financial Guarantee
- Power Generation
- Professional Indemnity
- Property
- Space
- Specie
- Term Life
- Terrorism
- Yacht
Market Directory
Find a broker, coverholder or insurer
Placing risk
Lloyd’s has been an authorised reinsurer in Colombia since 1999. Find out about the types of risk Lloyd’s can underwrite
BrokerHow to become a Lloyd's registered broker
If you are considering applying for Lloyd's broker registration you should first read the guide for applicants document and the associated Xchanging application information pack. Lloyd's welcomes applications from brokers, in the UK or overseas, who want direct access to the Lloyd's market and who maintain high levels of professionalism, integrity and customer service.
Offshore coverholder notification requirement
Lloyd’s coverholders are permitted to write Colombian reinsurance business across borders under Lloyd's foreign reinsurance licence.
Lloyd's Academy – Latin America & The Caribbean
2021 Programme for Brokers and (Re)Insurers
Contact
Sebastian Gomez
Colombian Country Manager & Market Development Manager for Spanish Speaking South America
Lloyd’s Colombia
Calle 90 # 11-35 Of. 510
Colombia
News
Find out more about the latest news and reports from inside Lloyd's