Lloyd's Underwriters do not generally deal directly with policyholders. Instead, business is accepted by Lloyd's Underwriters through the following entities:
Lloyd's brokers: insurance business is generally brought to Lloyd's by Lloyd's brokers who are insurance broking firms accredited by Lloyd's to broke insurance business at Lloyd's.
Coverholders: Lloyd's underwriters may delegate their authority to enter into contracts of insurance to the 'Coverholders'. In such circumstances the general principle is that the Coverholder acts as agent of the Lloyd's underwriters (rather than as agent of the policyholder). The Coverholders in Italy have to sign a Collaboration Agreement.
Open Market Correspondents (OMC): in Italy, intermediaries must be registered as Open Market Correspondent in order to place insurance contracts through one or more Lloyd’s Brokers (the sponsor). OMC in Italy have to sign a Collaboration Agreement.
Please contact Lloyd’s Italy for additional information about how to access to Lloyd’s.
How to place risk at Lloyd’s
Get quick and easy access to regulatory and taxation requirements in Italy with the Crystal tool. This information is intended for use by Lloyd's market professionals only.
Update of Information on Lloyd's assets and liabilities, ex Art. 37, 2nd paragraph, of ISVAP’s regulation N° 35/2010, applicable to all information notes of all contracts underwritten of Lloyd’s.
Motor third party liability insurance
With effect from 1 July 2016, no Lloyd’s syndicate is writing motor third party liability insurance business (Class 10) for vehicles registered in Italy. All motor third party liability insurance policies that expire on or after this date will not be renewed. Claims relating to losses that occurred during the period of a motor third party liability insurance policy that was underwritten at Lloyd’s should be reported to the claims notification party on the policy document. General enquiries regarding such policies should be sent to the insurance intermediary that placed your risk for you. For further information, please contact the Lloyd’s office in Italy on telephone +39 02 637 888 1 or e-mail email@example.com.