Becoming a Coverholder
All firms wishing to become an approved coverholder must complete the application process.
Each applicant requires a sponsoring Lloyd's broker and managing agent, who perform their own due diligence of the application before it is submitted to Lloyd's coverholder department for review.
In reviewing an application Lloyd's will pay particular attention to the following areas:
- Suitability and experience of individuals
- Applicants financials
- Authority to operate in specified territories
This directory includes information on all approved and restricted coverholder directory.
See www.lloyds.com/crystal for more details.