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Starting a new business at Lloyd’s

Participating in the Lloyd’s market

Our unique insurance market has an unrivalled concentration of specialist underwriting expertise. We want the best talent amongst global, regional, small and entrepreneurial businesses looking to grow their market share, access new business opportunities and benefit from our internationally recognised brand.

Find out more about why you should join Lloyd’s as a syndicate, managing agent or capital provider.

What are my options?

There are multiple ways you can participate in the Lloyd’s market. Find out which is the best choice for you.

Syndicate application process

Find out more about the syndicate application process.



Contact the Lloyd's New Entrants team

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Qualitative and quantitative submission

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Business Opportunities Committee

Detailed plan presentation

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Lloyd’s Council

Our highest governing body provides in-principle approval

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Making it Happen

Deliver the operational and administrative aspects

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Permission to Underwrite

Final formal approval and launch

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See more detail about the syndicate application process and our guidance on each step.

Further information

Compare the options

View a high-level comparison of the options available to participate in the Lloyd’s market.

Principles for doing business

The Principles are at the heart of our Oversight Framework and articulates what is expected by all Lloyd’s syndicates and managing agents.

Understanding our marketplace

An introduction to our market, including a glossary of technical terms and Lloyd’s market terminology.

Useful resources

A collation of the required forms and guidance on how to start a new business at Lloyd’s.