Lloyd's Brussels hub

Our online resource on doing business via and with Lloyd’s Brussels. Access information, tools and documents to help you get ready to trade.

Guides to placing risk with Lloyd's Brussels

Guides to placing risk with Lloyd's Brussels

Since the outcome of the UK Brexit referendum, Lloyd’s has been working to ensure that whatever the outcome of the Brexit negotiations, the Lloyd’s market will be ready to continue doing business with its partners in the EEA.

Broker guide

Client guide

Coverholder guide

European broker guide

Retail broker guide

Underwriter guide

Checklists


    1. Make sure you have provided notice of cancellation/non-renewal of tacit renewals to policyholders
    2. Check whether your Lloyd’s Brussels Consortia/Lineslip agreements are in place for 1 January 2019
    3. Set up Lloyd’s Brussels Coverholder Appointment Agreements with your relevant coverholders
    4. Sign MUAs to onboard with DASATS and SDC
    5. Ensure that your appointed coverholders have the necessary regulatory permission to act on behalf of Lloyd’s Brussels
    6. Present any additional Lloyd’s Brussels stamp proofs to brexit@lloyds.com for approval
    7. Ensure MA intermediary permissions are in order (particularly around service companies/coverholders) for your firm    

    1. Ensure you have all regulatory permissions to present risks to Lloyd’s Brussels (which the TOBA will confirm)
    2. Sign your TOBA with Lloyd’s Brussels
    3. Review MRC guidance and prepare MRCs for Lloyd’s Brussels for inceptions from 1 January 2019 for presentation
    4. Set up your Coverholder Appointment Agreements
    5. Quote and bind new EEA risks with underwriters
    6. Set up new lineslips with Lloyd’s Brussels prior to 1 January 2019.  Declarations on Lineslips cannot be added to Lloyd’s Syndicate Lineslips by endorsement for risks incepting from 1 January 2019
    7. Review any additional service contracts you may have with MAs as the EEA element of your portfolio will now be written by Lloyd’s Brussels. The services you deliver will now be to the Reinsurer of Lloyd’s Brussels

    1. Make sure you have received grandfathering approval from Lloyd’s Brussels
    2. Check that your Coverholder Appointment Agreement has been finalised and submitted to Lloyd’s Brussels
    3. Make sure you have provided notice of cancellation/non-renewal of tacit renewals to policyholders
    4. Sign up to DA SATS and complete training (if submitting bordereaux)
    5. Submit first bordereaux to DA SATs at the end of January

Secure content for the Lloyd's market

This content requires access to Crystal, Lloyd's international regulatory and taxation requirements database.

Find guidance on:

  • Lloyd’s Brussels operational toolkits
  • Coverholder toolkit
  • Reinsurance and outsourcing agreements
  • Tacit renewal guidance
  • CAA template
  • Stamp guidance

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