Who are Lloyd’s of London?

Who are Lloyd’s of London?

Who are Lloyd’s of London?

29 Jul 2018

A background into Lloyd's of London and the role of Lloyd's in the global insurance marketplace

Who are Lloyd's of London?

Lloyd’s of London is often misunderstood as an insurance company. However, it is actually an organisation that puts syndicates (capital providers) and brokers (Lloyd’s accredited brokers) together for the underwriting of certain risks that brokers bring to them at the ‘box’ within Lloyd’s. Lloyd’s is renown for its ability to ‘spread’ or ‘syndicate’ risk, meaning that specialist or high value risks can be successfully placed among a number of syndicates. This is particularly common for large corporate organisations, or even insurance companies (reinsurance) seeking indemnity in exchange for a premium. Lloyd’s of London is over 330 years old and wrote approximately £33 Billion (GBP) of premium in 2018, with the USA accounting for 40% of all premium.

Being a Lloyd's Insurance Broker

Lloyd’s of London is home to the world’s largest insurance market – The Lloyd’s London Markets. As a specialist Lloyd’s Broker we have access to all the syndicates apart of this market, offering ‘A’-Rated policies from ‘A’-Rated providers. We are also able to offer an additional virtual ‘re-insurer’ to our clients, where domestic or local market insurers have refused cover or are unable to underwrite the risk 100%. We can either underwrite the risk on a 100% primary basis, re-insured or co-insured/subscription based by creating tailored facilities for your insurance requirements.

Want to know more? An Invitation to Lloyd’s of London

We offer a complimentary ‘tour’ of the Lloyd’s underwriting room, which compromises of over 90 syndicates and the Lloyd’s library which has deep history dating back to 1686 from when it was formed in a coffee house by Edward Lloyd. If you interested on joining us for a tour around the Lloyd’s fantastic building, or want to know more about why we add more value as a Lloyd’s Insurance Broker, we are available to discuss your enquiries via 0207-846-9010.

Who are Lloyd's of London?

Lloyd’s of London is often misunderstood as an insurance company. However, it is actually an organisation that puts syndicates (capital providers) and brokers (Lloyd’s accredited brokers) together for the underwriting of certain risks that brokers bring to them at the ‘box’ within Lloyd’s. Lloyd’s is renown for its ability to ‘spread’ or ‘syndicate’ risk, meaning that specialist or high value risks can be successfully placed among a number of syndicates. This is particularly common for large corporate organisations, or even insurance companies (reinsurance) seeking indemnity in exchange for a premium. Lloyd’s of London is over 330 years old and wrote approximately £33 Billion (GBP) of premium in 2018, with the USA accounting for 40% of all premium.

Being a Lloyd's Insurance Broker

Lloyd’s of London is home to the world’s largest insurance market – The Lloyd’s London Markets. As a specialist Lloyd’s Broker we have access to all the syndicates apart of this market, offering ‘A’-Rated policies from ‘A’-Rated providers. We are also able to offer an additional virtual ‘re-insurer’ to our clients, where domestic or local market insurers have refused cover or are unable to underwrite the risk 100%. We can either underwrite the risk on a 100% primary basis, re-insured or co-insured/subscription based by creating tailored facilities for your insurance requirements.

Want to know more? An Invitation to Lloyd’s of London

We offer a complimentary ‘tour’ of the Lloyd’s underwriting room, which compromises of over 90 syndicates and the Lloyd’s library which has deep history dating back to 1686 from when it was formed in a coffee house by Edward Lloyd. If you interested on joining us for a tour around the Lloyd’s fantastic building, or want to know more about why we add more value as a Lloyd’s Insurance Broker, we are available to discuss your enquiries via 0207-846-9010.

Global Headquarters

Servca Group

Dukes House

32-38 Dukes Place

5th Floor

London, EC3A 7LP

United Kingdom


+44 (0) 207 2250000

info@servca.com


Broker at Lloyd’s SLM1389

European Office

Servca Europe

Dragonara Business Centre

Dragonara Road

5th Floor

St Julian’s, STJ 3141

Republic of Malta


+356 (20) 341690

eu@servca.com


Broker at Lloyd’s (Brussels) SLM1883

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40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada


+1 (647) 846 5555

canada@servca.com


Non-regulated servicing company

Northern Ireland

Servca Northern Ireland
River House Belfast

48-60 High Street

Belfast

BT1 2BE



+44 (0) 2895582000

ni@servca.com


Broker at Lloyd’s SLM1389

© 2024 Servca


Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. UK branch office is registered in England and Wales, authorised and regulated by the Financial Conduct Authority. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.

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Global Headquarters

Servca Group

Dukes House

32-38 Dukes Place

5th Floor

London, EC3A 7LP

United Kingdom


+44 (0) 207 2250000

info@servca.com


Broker at Lloyd’s SLM1389

European Office

Servca Europe

Dragonara Business Centre

Dragonara Road

5th Floor

St Julian’s, STJ 3141

Republic of Malta


+356 (20) 341690

eu@servca.com


Broker at Lloyd’s (Brussels) SLM1883

Canadian Office

Servca Canada Insurance Group Inc
40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada


+1 (647) 846 5555

canada@servca.com


Non-regulated servicing company

Northern Ireland

Servca Northern Ireland
River House Belfast

48-60 High Street

Belfast

BT1 2BE



+44 (0) 2895582000

ni@servca.com


Broker at Lloyd’s SLM1389

© 2024 Servca


Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. UK branch office is registered in England and Wales, authorised and regulated by the Financial Conduct Authority. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.

Privacy Policy

Cookies

Global Headquarters

Servca Group

Dukes House

32-38 Dukes Place

5th Floor

London, EC3A 7LP

United Kingdom


+44 (0) 207 2250000

info@servca.com


Broker at Lloyd’s SLM1389

European Office

Servca Europe

Dragonara Business Centre

Dragonara Road

5th Floor

St Julian’s, STJ 3141

Republic of Malta


+356 (20) 341690

eu@servca.com


Broker at Lloyd’s (Brussels) SLM1883

Canadian Office

Servca Canada Insurance Group Inc
40 King Street West
Suite 2100
Toronto
M5H 3C2
Canada


+1 (647) 846 5555

canada@servca.com


Non-regulated servicing company

Northern Ireland

Servca Northern Ireland
River House Belfast

48-60 High Street

Belfast

BT1 2BE


+44 (0) 2895582000

ni@servca.com


Broker at Lloyd’s SLM1389

© 2024 Servca


Servca Group Ltd is a private limited company registered in England and Wales; Registered Number: 7727494; Registered Office: Dukes House, 32-38 Dukes Place, 5th Floor, London, EC3A 7LP, United Kingdom. Authorised and regulated by the Financial Conduct Authority. Servca European Insurance Brokers Ltd (a private limited company incorporated in Malta and enrolled to act as an insurance broker); Tower Business Centre, Level 3, Tower Street, Swatar, BKR, 4013, Republic of Malta. UK branch office is registered in England and Wales, authorised and regulated by the Financial Conduct Authority. Servca Canada Insurance Group Inc, a private limited company incorporated at 40 King Street West, Suite 2100, Toronto, M5H 3C2, Canada. Servca group of companies are owned and operated by Servca Group Holdings Ltd, a private limited company registered in England & Wales.

Privacy Policy

Cookies