Find out more about the syndicate application process.
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
“I want to establish a Lloyd’s underwriting business leveraging my resources, distribution and capital.”
An opportunity to develop an underwriting business at Lloyd’s.
Special Purpose Arrangement
“I want to partner with an existing syndicate to develop my business.”
A syndicate that provides reinsurance capacity to an existing syndicate.
Syndicate in a box
“I want to test a new and innovative business at Lloyd's.”
An opportunity to establish an initial 3 year market facing syndicate that delivers innovation, new technology and disruption.
Captive syndicate
“I want to underwrite my own risks, or risks that I partially control, at Lloyd's.”
A syndicate that provides coverage for a group’s first and related third party risks.
Managing agent
“I want to manage a syndicate and determine all matters related to underwriting.”
A UK regulated company that is responsible for the management, oversight and governance of one or more syndicates.
Capital provider
"I want to provide capital to support the underwriting of risk in the Lloyd's market."
An opportunity to deliver (regulatory) capital into a Lloyd's member to support the underwriting of risks in one or more syndicates.
Syndicate application process
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See more detail about the syndicate application process and our guidance on each step.
Find out more about our application processFurther 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.