Lloyd’s is the world’s leading specialist insurance market. It is not a company, but a market of independent businesses. The way its finances are structured and business conducted is quite different to an insurance company.

It is a society of corporate and individual members who underwrite in syndicates, on whose behalf professional underwriters accept risk.

Lloyd’s brokers bring business to the market from clients, other brokers and intermediaries worldwide. Together, the 62 syndicates underwriting in the market form one of the world’s largest commercial insurers, and the 6th leading reinsurer.

Lloyd’s brokers bring business to the market from clients, other brokers and intermediaries worldwide. Together, the 62 syndicates underwriting in the market form one of the world’s largest commercial insurers, and the 6th leading reinsurer.

Those underwriters have led the industry in creating new areas of insurance, such as cover for people working in highly-volatile or war-torn regions, space and cyber-liability, as well as more standard areas of insurance.

Lloyd’s provides specialist insurance to over 200 countries and territories worldwide, and has the capacity to write about £14.8 billion of business in 2006.