Lloyd’s has a special legal status in Israel according to which it is permitted to write insurance and reinsurance business in Israel.
Lloyd’s underwriters are allowed to write direct business in Israel.
In addition, Lloyd’s is approved by all local insurance companies to reinsure all lines of business, facultative and treaty.
In direct insurance, Lloyd’s is perceived in Israel as a leader in sophisticated products and niche lines and these are the classes where Lloyd’s has an added value for the local market.
Lloyd’s and Israel have a long and distinguished history of cooperation.