Establishment authorisation in Finland
Lloyd’s underwriters have recently obtained establishment authorisation in Finland and appointed a General Representative in Finland.
Following the granting of establishment authorisation in Finland, Lloyd’s underwriters are permitted to underwrite insurance in Finland on an establishment basis with immediate effect. These permissions do not include medical malpractice, environmental damage insurance, motor vehicle liability insurance and term life business.
Freedom of establishment authorisation permits Lloyd’s underwriters to appoint coverholders in Finland to write risks located in Finland and provides the opportunity for managing agents to establish service companies in Finland.
Lloyd’s has appointed Mr Janne Lauha, partner of the law firm Castrén & Snellman Attorneys Ltd in Helsinki, as Lloyd’s underwriters’ General Representative for Finland.