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Lloyd's Of London Will Open Doors To More Intermediaries In 2001.(Statistical Data Included)(Brief Article)
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Lloyd's of London plans to open its doors in 2001 to a wider field of intermediaries, beyond those selected companies currently known as "Lloyd's brokers."
As long as U.K. and overseas brokers meet a certain set of regulatory, technical and customer service standards, they will be able to access the market directly, Lloyd's said. (Under the current system, only those 133 brokers based in London and regulated directly by Lloyd's are allowed full access to the market.)
Related newspaper, magazine, and journal articles from HighBeam Research
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Lloyd's Of London Will Open Doors To More Intermediaries In 2001.(Statistical Data Included)(Brief Article)
National Underwriter Property & Casualty-Risk & Benefits Management
; Lloyd's of London plans to open its doors in 2001 to a wider field of intermediaries, beyond those selected companies currently known as Lloyd's brokers. As long as U.K. and overseas brokers meet a certain set of regulatory, technical and customer service standards, they will be able to access the
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Lloyd's Sets Standards For New Brokers.(Lloyd's of London)
National Underwriter Property & Casualty-Risk & Benefits Management
; Poised to open the market to a wider field of overseas and U.K. insurance brokers, Lloyd's of London last week published standards that brokers must meet before they can become accredited Lloyd's brokers starting in January 2001. Our aim is to provide wider access to the market for brokers who can
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LLOYD'S PLANS TO EASE MARKET ACCESS.(Lloyd's of London)
Business Insurance
; LONDON -- Easier access for international policyholders and greater cost-efficiency are among the goals of proposed sweeping changes at Lloyd's of London. The Lloyd's Market Board report issued earlier this month outlines Lloyd's response to the increased competitiveness of the global insurance
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Lloyd's brokers less exclusive to LLoyd's, underwriter says.(Reg Brown)
National Underwriter Property & Casualty-Risk & Benefits Management
; A typical underwriter is a man past middle age: spare, wrinkled, intelligent and cold. He's passive, non-committal, has eyes like a codfish. Polite in contact, he is unresponsive, cruel and as damnably composed as a concrete post. Happily, underwriters never reproduce, and all of them finally go to
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 "The Economist (US)")
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The other scandal at Lloyd's. (Lloyd's of London) (Finance)
The Economist (US)
; ... risks come from the United States. Only 3% of the names and 9% of the premiums come from Europe outside Britain. None of this is news to the fartherd-seeing members of Lloyd's. Several things need to happen faster, however, if Lloyd's is to become genuinely profitable ...
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Broader access to Lloyd's is another sign of globalization
Rough Notes
; Lloyd's of London, out of necessity, has undergone drastic changes in the last ten years. During that time, all of its legal complications-that Lloyd's has finally put behind it-caused Lloyd's to reexamine many of its historical traditions. For example, some of the changes that have take place
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Tradition at Lloyd's is a fleeting thing. (Lloyd's of London) (column)
Risk Management
; Tradition at Lloyd's is a Fleeting Thing The Lloyd's insurance market is proving the old adage that converts make the most avid believers. Although renowed for adhering to traditional ways in the face of change and decay, Lloyd's exploits this public image because it has never lived up to it. In
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Lloyd's looks to improve standards of underwriters. (Lloyd's of London)
National Underwriter Property & Casualty-Risk & Benefits Management
; GLASGOW, Scotland--Lloyd's this year is focusing on improving the standards of individual underwriters, Lloyd's Chief Executive Officer Peter Middleton has declared. I have to make sure that the underwriters who are [making] important decisions in Lloyd's are high-class underwriters, he said during
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Lloyd's broker rules change.(Brief Article)
Business Insurance
; LONDON -- Lloyd's of London will allow foreign brokers and other non-Lloyd's brokers in the United Kingdom direct access to the Lloyd's market beginning January 2001. The action will end the centuries-old practice of allowing only London-based brokers regulated by Lloyd's access to underwriters in
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Document details Lloyd's growth plans.
Business Insurance
; LONDON-Lloyd's of London intends to take a variety of steps aimed at making the market more efficient, more attractive to policyholders and brokers, and with a broader global insurance franchise, says a new outline of market strategies. Published last week by the Lloyd's Market Board, the document,
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