Our unique insurance market has an unrivalled concentration of specialist underwriting expertise and every day, more than 50 leading insurance companies, over 200 registered Lloyd’s brokers and a global network of over 4,000 local coverholders operate in and bring business to the Lloyd’s market.
Starting a new business at Lloyd's
There are multiple routes to underwriting at Lloyd’s, the following information will support businesses in deciding which vehicle is the best choice for their participation in the market.
As an Underwriter
View all 'As an Underwriter'
Find out more about why insurers underwrite at Lloyd's.What are the options for underwriting in the Lloyd’s market?
Syndicate
Member or a group of members supporting a common underwriting venture. All syndicates are managed by a Lloyd’s managing agent.
Syndicate in a box
A new way of bringing innovative businesses into the market and giving them the best chance of success.
Special Purpose Arrangement SPA
A specific type of Lloyd’s syndicate writing a single quota share reinsurance contract of another Lloyd’s syndicate, known as the ‘host syndicate’. Both syndicates are managed by the same Lloyd’s managing agent.
Managing Agent
A company which manages syndicates and is regulated by Lloyd’s and the UK regulators.
New Entrant Guide
This guide covers the benefits of starting a business at Lloyd's as a minimum, the different entry options, the application process, syndicate and member level capital setting and a summary of the principal Lloyd's costs.
View the New Entrant GuideGlossary and acronyms
Glossary of insurance related terms used by Lloyd's and market participants.
NewEntrants@Lloyds.comUseful links
Membership Requirements
Disclaimer
We are providing the information in this section for background information only. We are not providing access to this section for the purpose of soliciting: (a) membership in Lloyd’s or membership of any syndicate of Lloyd’s, (b) the purchase of any security issued by Lloyd’s, or (c) the purchase of insurance, or any other service or product, in the Lloyd’s market. This section does not make an offer of, or solicit an offer for, any of these things.
We do not accept responsibility and shall not be liable for any loss of whatever nature and howsoever caused that may arise from reliance upon the information contained in this section.
You must not distribute the information on this website to, or cause it to be used by, any person or entity in a place where its distribution or use would be unlawful.