Lloyd’s no longer requires Managing Agents to carry out an independent assessment on Coverholder licences. Instead, Managing Agents must obtain confirmation from Coverholders that they have all necessary licences.

On ATLAS the Coverholder, Lloyd's registered Broker or direct-dealing Managing Agent can complete the declaration section under the licences section.

The task is a zero stage change task. This means that a stakeholder is not required to authorise the change and the information is written directly to the database. The information will be immediately viewable under the details tab.

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