Attributes

A new syndicate should add value at Lloyd’s through one or more of the following:

• Developing a new specialist business
• Sourcing business from new territories
• Introducing product innovation or business written in an innovative way
• Meeting unmet demand for existing profitable business for which Lloyd’s has the appetite
• Introducing or retaining strong market lead underwriters or underwriting teams with a demonstrably profitable track record
• Adding global diversification to Lloyd’s capital base